REGINALD AND MARGUERITE DANIELS HOUSING FOR THE ELDERLY INC (EIN 521515884) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1990

Legal Domicile

Principal Officer

GINA SAMMONS

Phone

4103328400

Tax Period

2022-01-01 to 2022-12-31

REGINALD AND MARGUERITE DANIELS HOUSING FOR THE ELDERLY INC, founded in 1990, is a small nonprofit that reported $338K in total revenue in fiscal year 2022. Expenses of $406K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $337,901

Investment Income $387

Other Revenue $0

TOTAL REVENUE $338,288

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,632

Fundraising Expenses $0

Program Expenses $377,225

Other Expenses $364,148

TOTAL EXPENSES $405,780

Year-over-Year Comparison

	2022	2021	Change
Revenue	$338,288	$344,547	0.0%
Expenses	$405,780	$361,794	+0.1%
Net Income	$-67,492	$-17,247	+2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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
GINA SAMMONS	PRESIDENT	0.50	Officer Director	$0	$0	$0
JOYCE RICHARDSON	RECORDING SECRETARY	3.00	Officer Director	$0	$0	$0
KEITH THOMPSON	VP/TREASURER	5.00	Officer Director	$0	$0	$0
ROBERT BLOOM ESQ	MEMBER	3.50	Director	$0	$0	$0
RODDY GAITHER	MEMBER	3.50	Director	$0	$0	$0
CYNTHIA SEIVERS	MEMBER	3.50	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
2022	$338,288	$405,780	$492,753	$-67,492
2021	$344,547	$361,794	$571,195	$-17,247
2020	$321,908	$322,050	$591,458	$-142
2019	$321,859	$381,602	$604,182	$-59,743
2018	$324,984	$377,547	$690,212	$-52,563

REGINALD AND MARGUERITE DANIELS HOUSING FOR THE ELDERLY INC