SWOPE PARKWAY HOUSING INC (EIN 431531202) - 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

1989

Legal Domicile

Principal Officer

JERON RAVIN

Phone

8165995680

Tax Period

2023-01-01 to 2023-12-31

SWOPE PARKWAY HOUSING INC, founded in 1989, is a small nonprofit that reported $184K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Net assets of $435K represent 28 months of operating reserves.

Mission

SWOPE PARKWAY HOUSING INC (SPHI) IS A MISSOURI NOT-FOR-PROFIT CORPORATION. SWOPE HEALTH SERVICES IS THE SOLE CORPORATE MEMBER OF SPHI. SPHI WAS FORMED IN 1989 TO OWN AND OPERATE A 15-UNIT APARTMENT COMPLEX IN KANSAS CITY, MISSOURI, KNOWN AS RAINBOW RESIDENTIAL CARE (THE PROJECT), HUD PROJECT NUMBER 084-HH004. THE CORPORATION PROVIDES HOUSING TO ELDERLY AND DISABLED PERSONS, SUBJECT TO REGULATION BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENTAL CHARGES AND OPERATING METHODS. LOWER RENTAL CHARGES ARE RECOVERED BY THE OWNERSHIP THROUGH RENT SUBSIDIES PROVIDED BY THE DEPARTMENT OF MENTAL HEALTH.

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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 $70,000

Program Service Revenue $113,762

Investment Income $20

Other Revenue $0

TOTAL REVENUE $183,782

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $200,855

Other Expenses $200,855

TOTAL EXPENSES $200,855

Year-over-Year Comparison

	2023	2022	Change
Revenue	$183,782	$339,466	-0.5%
Expenses	$200,855	$206,018	0.0%
Net Income	$-17,073	$133,448	-1.1%

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

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

$821,396

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR LINDA ADKISON	FORMER DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE BOYER	DIRECTOR	1.00	Director	$0	$0	$0
ALISSIA CANADY	DIRECTOR	1.00	Director	$0	$0	$0
JACK CANNON III	DIRECTOR	1.00	Director	$0	$0	$0
MARVIN CAROLINA JR	DIRECTOR	1.00	Director	$0	$0	$0
AARON ELLISON MD	DIRECTOR	1.00	Director	$0	$0	$0
TRESIA FRANKLIN	DIRECTOR	1.00	Director	$0	$0	$0
MELIKA HARRIS	DIRECTOR	1.00	Director	$0	$0	$0
TOM KOKJER	TREASURER	1.00	Officer Director	$0	$0	$0
JACK MCCANNA	DIRECTOR	1.00	Director	$0	$0	$0
JUAN RANGEL JR	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
ZORAYA ROWLANDS	DIRECTOR	1.00	Director	$0	$0	$0
DR DRED SCOTT EDD	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHELLE SEARCY	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
YOLANDA SIMS	FORMER CHAIRPERSON	1.00	Officer Director	$0	$0	$0
DIA WALL	DIRECTOR	1.00	Director	$0	$0	$0
JERRY WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
JERON RAVIN	PRESIDENT/CEO, SWOPE HEALTH SERVICES	1.00	Officer	$0	$30,753	$507,884
NAIMISH PATEL	CFO, SWOPE HEALTH SERVICES	1.00	Officer	$0	$37,171	$313,512

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	$183,782	$200,855	$663,030	$-17,073
2022	$339,466	$206,018	$711,791	$133,448
2021	$115,717	$162,190	$623,841	$-46,473
2020	$293,351	$147,139	$646,130	$146,212
2019	$158,981	$165,940	$640,883	$-6,959
2018	$203,537	$136,621	$551,184	$66,916

SWOPE PARKWAY HOUSING INC