MYRTLE DAVIS SENIOR COMPLEX CORP (EIN 392026028) - 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

2001

Legal Domicile

Principal Officer

RUGENIA DAVIS

Phone

4143627240

Tax Period

2023-01-01 to 2023-12-31

MYRTLE DAVIS SENIOR COMPLEX CORP, founded in 2001, is a micro nonprofit in the Housing & Shelter sector that reported $58K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Expenses of $93K exceeded revenue, resulting in a 60% operating deficit.

Mission

TO PROVIDE SAFE AND AFFORDABLE HOUSING FOR ELDERLY INDIVIDUALS.

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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 $54,400

Investment Income $6

Other Revenue $3,565

TOTAL REVENUE $57,971

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $74,061

Other Expenses $92,830

TOTAL EXPENSES $92,830

Year-over-Year Comparison

	2023	2022	Change
Revenue	$57,971	$65,326	-0.1%
Expenses	$92,830	$79,461	+0.2%
Net Income	$-34,859	$-14,135	+1.5%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES DANIELS	DIRECTOR	N/A	Director	$0	$0	$0
REV VICTOR DAVIS	CHAIRMAN	N/A	Director	$0	$0	$0
RUGENIA DAVIS	PRESIDENT	N/A	Officer Director	$0	$0	$0
MARY ANN HALL	SECRETARY	N/A	Officer Director	$0	$0	$0
KATHIE WALKER	DIRECTOR	N/A	Director	$0	$0	$0
LOUIS WILLIAMS	DIRECTOR	N/A	Director	$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	$57,971	$92,830	$389,532	$-34,859
2022	$65,326	$79,461	$417,146	$-14,135
2021	$53,906	$83,835	$438,908	$-29,929
2020	$55,948	$86,136	$462,563	$-30,188
2019	$60,273	$83,741	$491,315	$-23,468
2018	$60,119	$66,952	$524,792	$-6,833

MYRTLE DAVIS SENIOR COMPLEX CORP