Sycamore Place II Senior Housing Corporation (EIN 460497244) - 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

2002

Legal Domicile

Principal Officer

Gerald Lang

Phone

5106326712

Tax Period

2022-07-01 to 2023-06-30

Sycamore Place II Senior Housing Corporation, founded in 2002, is a small nonprofit in the Human Services sector that reported $724K in total revenue in fiscal year 2022. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $673K left a modest 7% surplus.

Mission

Provide affordable rental housing for senior citizens

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $723,111

Investment Income $449

Other Revenue $0

TOTAL REVENUE $723,560

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $638,654

Other Expenses $672,927

TOTAL EXPENSES $672,927

Year-over-Year Comparison

	2022	2021	Change
Revenue	$723,560	$405,788	+0.8%
Expenses	$672,927	$658,454	+0.0%
Net Income	$50,633	$-252,666	-1.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gerald Lang	President	2.00	Officer Director	$0	$0	$0
Hartzell Cobbs	Director	2.00	Director	$0	$0	$0
Leslie Taylor	Secretary	2.00	Officer Director	$0	$0	$0
Nicholas Kolivas	Treasurer	2.00	Director	$0	$0	$0
Charles Blaisdell	Director	2.00	Officer Director	$0	$0	$0
Mary Donovan Turner	Director	2.00	Director	$0	$0	$0
Thomas Harshman	Director	2.00	Director	$0	$0	$0
Darryl Searuggs	Director	2.00	Director	$0	$0	$0
Ann Rutigliano	Director	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$723,560	$672,927	$3,721,840	$50,633
2022	$405,788	$658,454	$4,104,309	$-252,666
2021	$400,450	$659,442	$4,312,885	$-258,992
2020	$402,781	$647,866	$4,495,487	$-245,085
2019	$411,531	$636,938	$4,680,427	$-225,407

Sycamore Place II Senior Housing Corporation