DESHA ELDERLY APARTMENTS INC (EIN 454902827) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

PHILLIP G BOURGEOIS

Phone

8703826762

Tax Period

2022-01-01 to 2022-12-31

DESHA ELDERLY APARTMENTS INC, founded in 2012, is a micro nonprofit in the Housing & Shelter sector that reported $38K in total revenue in fiscal year 2019. Expenses of $74K exceeded revenue, resulting in a 97% operating deficit.

Mission

PROVIDE HOUSING FOR QUALIFIED INDIVIDUALS UNDER SECTION 202 OF NATIONAL AFFORDABLE HOUSING ACT

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $41,136

Investment Income $10

Other Revenue $0

TOTAL REVENUE $41,146

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $64,917

Other Expenses $71,882

TOTAL EXPENSES $71,882

Year-over-Year Comparison

	2022	2021	Change
Revenue	$41,146	$29,354	+0.4%
Expenses	$71,882	$71,630	+0.0%
Net Income	$-30,736	$-42,276	-0.3%

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
DAVID LAHAYE	VOLUNTEER CE	1.00	Director	$0	$0	$0
BILL THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM G BEHRINGER	VICE PRESIDE	1.00	Officer	$0	$0	$0
PHILLIP G BOURGEOIS	PRESIDENT	2.00	Officer	$0	$0	$0
MARK DUCOTE	PARLIAMENTAR	1.00	Officer	$0	$0	$0
DOROTHY HOLLOWAY	ASST. SEC/TR	1.00	Officer	$0	$0	$0
LINDA JEFFERSON	SECRETARY	1.00	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
2022	$41,146	$71,882	$1,050,078	$-30,736
2021	$29,354	$71,630	$1,083,876	$-42,276
2020	$33,751	$66,140	$1,121,240	$-32,389
2019	$37,714	$74,289	$1,151,229	$-36,575

DESHA ELDERLY APARTMENTS INC