COMMUNITY HOMES OF BISMARCK INC (EIN 450315211) - 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

1971

Legal Domicile

Principal Officer

NICOLE SCHURHAMER

Phone

7012552540

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY HOMES OF BISMARCK INC, founded in 1971, is a community nonprofit in the Unknown sector that reported $4.6M in total revenue in fiscal year 2024. Revenue surged 499% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.7M, a strong 81% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING AND / OR RENTAL ASSISTANCE PAYMENTS TO QUALIFIED INDIVIDUALS WITH LOW AND MODERATE INCOME LEVELS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $452,617

Investment Income $2,288,872

Other Revenue $1,819,955

TOTAL REVENUE $4,561,444

Expense Breakdown

Grants Paid $0

Salaries & Benefits $91,783

Fundraising Expenses $0

Program Expenses $678,411

Other Expenses $786,264

TOTAL EXPENSES $878,047

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,561,444	$761,488	+5.0%
Expenses	$878,047	$1,190,229	-0.3%
Net Income	$3,683,397	$-428,741	-9.6%

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

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

$259,811

Total Directors

$18,850

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOIS SUNDQUIST	DIRECTOR	1.00	Director	$3,900	$0	$3,900
STEVEN SATHRE	PRESIDENT	1.00	Officer Director	$3,900	$0	$3,900
KATHLEEN ATKINSON	VICE PRESIDENT	1.00	Officer Director	$3,575	$0	$3,575
ARLENE OLSON	DIRECTOR	1.00	Director	$3,900	$0	$3,900
CYNTHIA CHAVEZ	DIRECTOR	1.00	Director	$3,575	$0	$3,575
NICOLE SCHURHAMER	MANAGING AGENT/EXEC. DIR.	4.00	Officer	$112,293	$34,817	$147,110
KATHIE STRUM	MANAGING AGENT/ACCT END JULY 26	4.00	Officer	$83,634	$21,592	$105,226

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	$4,561,444	$878,047	$6,817,578	$3,683,397
2023	$761,488	$1,190,229	$6,723,154	$-428,741
2022	$920,765	$1,369,737	$7,122,179	$-448,972
2021	$895,077	$1,189,050	$7,298,017	$-293,973
2020	$936,696	$1,163,417	$7,302,830	$-226,721
2019	$2,023,612	$1,715,825	$7,784,274	$307,787
2018	$1,215,894	$1,179,620	$6,900,833	$36,274

COMMUNITY HOMES OF BISMARCK INC