NEIGHBORHOOD HOUSING SERVICES OF THE BLACK HILLS INC (EIN 460423151) - 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

1992

Legal Domicile

Principal Officer

MIKE WALKER

Phone

6055781401

Tax Period

2024-01-01 to 2024-12-31

NEIGHBORHOOD HOUSING SERVICES OF THE BLACK HILLS INC, founded in 1992, is a community nonprofit in the Housing & Shelter sector that reported $1.0M in total revenue in fiscal year 2018. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $1.2M exceeded revenue, resulting in a 14% operating deficit.

Mission

ASSIST IN PROVIDING DECENT, SAFE, AND AFFORDABLE HOUSING & REVITALIZING NEIGHBORHOODS TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $726,076

Program Service Revenue $287,598

Investment Income $14,907

Other Revenue $23,659

TOTAL REVENUE $1,052,240

Expense Breakdown

Grants Paid $84,231

Salaries & Benefits $487,903

Fundraising Expenses $60,724

Program Expenses $617,165

Other Expenses $402,082

TOTAL EXPENSES $974,216

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,052,240	$1,102,115	0.0%
Expenses	$974,216	$1,013,979	0.0%
Net Income	$78,024	$88,136	-0.1%

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

Volunteers

212

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

$88,834

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE WALKER	EXECUTIVE DI	37.00	Officer	$85,864	$2,970	$88,834
ERIC SWANSON	PRESIDENT	3.00	Officer Director	$0	$0	$0
CASEY DERFLINGER	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
ANGIE DALE	SECRETARY	3.00	Officer Director	$0	$0	$0
FLOYD RUMMEL III	TREASURER	3.00	Officer Director	$0	$0	$0
CHUCK KING	DIRECTOR	3.00	Director	$0	$0	$0
ERIC FOWLER	DIRECTOR	3.00	Director	$0	$0	$0
BOB BURNETT	DIRECTOR	3.00	Director	$0	$0	$0
SHERRY SCUDDER	DIRECTOR	3.00	Director	$0	$0	$0
MEGAN BYRUM	DIRECTOR	3.00	Director	$0	$0	$0
JULIE GARDNER	DIRECTOR	3.00	Director	$0	$0	$0
MATT MCCOLLUM	DIRECTOR	3.00	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	$1,052,240	$974,216	$5,447,459	$78,024
2023	$1,102,115	$1,013,979	$5,536,249	$88,136
2022	$2,029,315	$884,318	$5,505,279	$1,144,997
2021	$1,295,374	$903,644	$4,416,875	$391,730
2020	$1,779,018	$1,312,089	$4,515,270	$466,929
2019	$934,957	$1,147,184	$4,264,753	$-212,227
2018	$1,005,647	$1,150,879	$4,576,773	$-145,232

NEIGHBORHOOD HOUSING SERVICES OF THE BLACK HILLS INC