SOUTH WIND HOME INC (EIN 481087641) - 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

1990

Legal Domicile

Principal Officer

Loyce Covey

Phone

6209332060

Tax Period

2024-01-01 to 2024-12-31

SOUTH WIND HOME INC, founded in 1990, is a small nonprofit in the Health Care sector that reported $922K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

To provide self-directed care options that enhance life's final phases

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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 (2024)

Revenue Breakdown

Contributions & Grants $12,606

Program Service Revenue $903,127

Investment Income $5,112

Other Revenue $1,316

TOTAL REVENUE $922,161

Expense Breakdown

Grants Paid $0

Salaries & Benefits $691,509

Fundraising Expenses $0

Program Expenses $770,566

Other Expenses $246,434

TOTAL EXPENSES $937,943

Year-over-Year Comparison

	2024	2023	Change
Revenue	$922,161	$842,342	+0.1%
Expenses	$937,943	$936,351	+0.0%
Net Income	$-15,782	$-94,009	-0.8%

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

Employees

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

$188,735

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Laura Downing	Registered Nurse	40	Key Emp Highest	$64,560	$0	$64,560
Jean Marquez	Director of Nursing	40	Key Emp Highest	$62,572	$0	$62,572
Loyce Covey	Home Operator/Director	40	Key Emp Highest	$61,603	$0	$61,603
Jennifer Ezell	President	1	Officer Director	$0	$0	$0
Kent Brubaker	Vice President	1	Officer Director	$0	$0	$0
Sara Montel Wallace	Secretary	1	Officer Director	$0	$0	$0
Shannon Bowman	Board Member	1	Director	$0	$0	$0
Jill Hodgkinson	Board Member	1	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	$922,161	$937,943	$434,235	$-15,782
2023	$842,342	$936,351	$488,748	$-94,009
2022	$905,764	$992,846	$622,010	$-87,082
2021	$787,679	$759,739	$660,012	$27,940
2020	$925,215	$776,019	$717,556	$149,196
2019	$828,170	$772,987	$653,334	$55,183
2018	$778,065	$763,034	$629,568	$15,031

SOUTH WIND HOME INC