Shelter Tech (EIN 383984099) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

William Soward

Phone

4084069183

Tax Period

2023-07-01 to 2024-06-30

Shelter Tech, founded in 2016, is a small nonprofit in the Human Services sector that reported $231K in total revenue in fiscal year 2023. Expenses of $299K exceeded revenue, resulting in a 29% operating deficit.

Mission

The Organization's mission is to support the underserved community experiencing homelessness and housing insecurity through Wi-Fi connectivity and access to online resources.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $227,918

Program Service Revenue $3,500

Investment Income $0

Other Revenue $0

TOTAL REVENUE $231,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,170

Fundraising Expenses $13,913

Program Expenses $246,776

Other Expenses $73,822

TOTAL EXPENSES $298,992

Year-over-Year Comparison

	2023	2022	Change
Revenue	$231,418	$224,209	+0.0%
Expenses	$298,992	$238,447	+0.3%
Net Income	$-67,574	$-14,238	+3.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

400

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$80,000

Total Directors

$80,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Hicham Sabir	President	1.00	Officer Director	$0	$0	$0
Derek Fidler	Secretary	1.00	Officer Director	$0	$0	$0
Joe Freund	Director	5.00	Officer Director	$0	$0	$0
William Soward	Co - Executive Director	10.00	Officer Director	$0	$0	$0
Melissa King	Co - Executive Director	25.00	Officer Director	$80,000	$0	$80,000
Richard Xia	Director	5.00	Director	$0	$0	$0
Annalisa Adams-Qualtiere	Director	1.00	Director	$0	$0	$0
Amy Kimura Schoemehl	Director	1.00	Director	$0	$0	$0
Rouchen Huang	Director	5.00	Director	$0	$0	$0
Katy Halasz	Director	1.00	Director	$0	$0	$0
Renee Barnstone	CFO	4.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$231,418	$298,992	$90,067	$-67,574
2022	$322,993	$311,168	$169,748	$11,825
2021	$230,391	$141,193	$157,922	$89,198

Shelter Tech