HANDICAPPED HOUSING OF SPRING GROVE INC (EIN 391576681) - 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

1988

Legal Domicile

Principal Officer

DEAN WISTE

Phone

6087841381

Tax Period

2023-01-01 to 2023-12-31

HANDICAPPED HOUSING OF SPRING GROVE INC, founded in 1988, is a small nonprofit in the Housing & Shelter sector that reported $182K in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $47K, a strong 26% operating margin.

Mission

TO OWN AND OPERATE A 16 UNIT APARTMENT BUILDING FOR LOW-INCOME HANDICAPPED INDIVIDUALS THAT IS SUBSIDIZED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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 $0

Program Service Revenue $181,359

Investment Income $796

Other Revenue $0

TOTAL REVENUE $182,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,234

Fundraising Expenses $0

Program Expenses $96,038

Other Expenses $113,418

TOTAL EXPENSES $135,652

Year-over-Year Comparison

	2023	2022	Change
Revenue	$182,155	$144,222	+0.3%
Expenses	$135,652	$117,464	+0.2%
Net Income	$46,503	$26,758	+0.7%

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

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DEAN WISTE	PRESIDENT	Officer Director	$0	$0	$0
STEVEN MORKEN	VICE PRESIDENT	Officer Director	$0	$0	$0
JIM WILHELMSON	SECRETARY	Officer Director	$0	$0	$0
MARGE BREVIG	TREASURER	Officer Director	$0	$0	$0
ELAINE KJOME	DIRECTOR	Director	$0	$0	$0
DAVE SOLBERG	MEMBER	Director	$0	$0	$0
SHARON AUNA	MEMBER	Director	$0	$0	$0
CAROL SHERBURNE	MEMBER	Director	$0	$0	$0
JIM GRAY	MEMBER	Director	$0	$0	$0
DAVID HEYER	MANAGEMENT AGENT	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	No data	No data	No data	No data
2023	$182,155	$135,652	$253,889	$46,503
2022	$144,222	$117,464	$237,731	$26,758
2021	$144,303	$122,060	$241,362	$22,243
2020	$163,366	$114,328	$214,757	$49,038
2019	$142,247	$123,070	$221,436	$19,177
2018	$151,974	$117,171	$227,989	$34,803

HANDICAPPED HOUSING OF SPRING GROVE INC