REYNOLDS COUNTY SR CIT HOUSING (EIN 431237553) - 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

1973

Legal Domicile

Principal Officer

MIKE HARPER

Phone

5736632133

Tax Period

2023-01-01 to 2023-12-31

REYNOLDS COUNTY SR CIT HOUSING, founded in 1973, is a small nonprofit in the Housing & Shelter sector that reported $144K in total revenue in fiscal year 2023. Expenses of $177K exceeded revenue, resulting in a 23% operating deficit.

Mission

PROVIDE AFFORDABLE HOUSING TO THE ELDERLY.

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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 $143,898

Investment Income $0

Other Revenue $0

TOTAL REVENUE $143,898

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $177,058

TOTAL EXPENSES $177,058

Year-over-Year Comparison

	2023	2022	Change
Revenue	$143,898	$150,490	0.0%
Expenses	$177,058	$154,943	+0.1%
Net Income	$-33,160	$-4,453	+6.4%

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
ROBERTA COOK	DIRECTOR	N/A	Director	$0	$0	$0
BRENDA CUMINS	SECRETARY	N/A	Director	$0	$0	$0
DEANNA DELL	BOARD MEMBER	N/A	Director	$0	$0	$0
WILMA RAINES	TREASURER	N/A	Director	$0	$0	$0
MIKE HARPER	PRESIDENT	N/A	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	$143,898	$177,058	$553,457	$-33,160
2022	$150,490	$154,943	$586,283	$-4,453
2021	$151,190	$159,164	$589,811	$-7,974
2020	$137,965	$150,339	$596,589	$-12,374
2019	$135,737	$155,920	$605,221	$-20,183
2018	$136,778	$160,599	$622,344	$-23,821

REYNOLDS COUNTY SR CIT HOUSING