Summerville Affordable Housing Inc (EIN 475378386) - 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

2016

Legal Domicile

Principal Officer

Regina Anderson

Phone

7068573016

Tax Period

2023-01-01 to 2023-12-31

Summerville Affordable Housing Inc, founded in 2016, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023.

Mission

The purpose of the entity is to provide housing under HUD's Multi-family program for 214 units located in Summerville, Georgia.

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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 (2023)

Revenue Breakdown

Contributions & Grants $972,029

Program Service Revenue $603,168

Investment Income $26,573

Other Revenue $0

TOTAL REVENUE $1,601,770

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,724,679

Other Expenses $1,724,679

TOTAL EXPENSES $1,724,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,601,770	$1,545,626	+0.0%
Expenses	$1,724,679	$1,689,245	+0.0%
Net Income	$-122,909	$-143,619	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Regina Anderson	Executive Dir.	1.00	Director	$0	$0	$0
Sidney A Lanier Jr	Vice Chairman	1.00	Director	$0	$0	$0
H Eugene McGinnis	Chairman	1.00	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	No data	No data	No data	No data
2023	$1,601,770	$1,724,679	$5,623,548	$-122,909
2022	$1,545,626	$1,689,245	$5,809,954	$-143,619
2021	$1,702,896	$1,558,733	$5,972,088	$144,163
2020	$1,490,532	$1,565,175	$5,888,923	$-74,643

Summerville Affordable Housing Inc