RAPID CITY GOOD SAMARITAN HOUSING GP INC (EIN 461579750) - 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

NATHAN SCHEMA

Phone

6053331000

Tax Period

2023-01-01 to 2023-12-31

RAPID CITY GOOD SAMARITAN HOUSING GP INC, founded in 2012, is a micro nonprofit in the Housing & Shelter sector that reported $5K in total revenue in fiscal year 2018. Revenue fell 41% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2K, a strong 43% operating margin.

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF, TO SUPPORT THE FUNCTIONS OF, AND TO ASSIST THE EVANGELICAL LUTHERAN GOOD SAMARITAN SOCIETY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,639

Investment Income $-115,416

Other Revenue $43

TOTAL REVENUE $-112,734

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $1,762

TOTAL EXPENSES $1,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-112,734	$6,221	-19.1%
Expenses	$1,762	$1,608	+0.1%
Net Income	$-114,496	$4,613	-25.8%

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

N/A

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

$2,174,499

Total Directors

$1,749,536

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC VANDEN HULL	VP; TREAS; DIRECTOR	0.02	Officer Director	$0	$44,085	$613,975
NATHAN SCHEMA	PRESIDENT & CEO	0.02	Officer Director	$0	$143,523	$993,962
SHANE KNUTSON	DIRECTOR	0.02	Director	$0	$38,987	$141,599
CHAD JUNGMAN	SECRETARY	0.02	Officer	$0	$87,543	$566,562

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
2023	$-112,734	$1,762	$43	$-114,496
2022	$6,221	$1,608	$546,863	$4,613
2021	$5,800	$1,773	$540,861	$4,027
2020	$5,796	$1,611	$539,300	$4,185
2019	$5,640	$1,765	$526,944	$3,875
2018	$5,441	$3,097	$531,710	$2,344

RAPID CITY GOOD SAMARITAN HOUSING GP INC