SINAI ASSISTED HOUSING FOUNDATION INC (EIN 521788685) - 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

1992

Legal Domicile

Principal Officer

Amy Schear

Phone

2029864701

Tax Period

2023-07-01 to 2024-06-30

SINAI ASSISTED HOUSING FOUNDATION INC, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $336K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Net assets of $875K represent 31 months of operating reserves.

Mission

Sinai House's mission is to enable families to move from homelessness toward self-sufficiency by providing safe and affordable housing, comprehensive social services and financial support.

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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 $283,849

Program Service Revenue $5,380

Investment Income $12,496

Other Revenue $34,303

TOTAL REVENUE $336,028

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,266

Fundraising Expenses $6,714

Program Expenses $316,805

Other Expenses $227,506

TOTAL EXPENSES $343,772

Year-over-Year Comparison

	2023	2022	Change
Revenue	$336,028	$355,417	-0.1%
Expenses	$343,772	$327,393	+0.1%
Net Income	$-7,744	$28,024	-1.3%

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

$92,357

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Renetta Armstrong	Executive Director	40	Officer	$92,357	$0	$92,357
Amy Borrus	Director and Program & Services Committee Chair	2	Director	$0	$0	$0
Gerald Burg	Director & 5K Race Co-Chair	2	Director	$0	$0	$0
Clarke Camper	Director	2	Director	$0	$0	$0
Reuben Gamoran	Director	2	Director	$0	$0	$0
Elissa Ginsky	Director	2	Director	$0	$0	$0
Robin Glantz	Director	2	Director	$0	$0	$0
Nancy Golding	Director	2	Director	$0	$0	$0
Latoya Hagins	Director	2	Director	$0	$0	$0
Rosemary Hart	Director & Governance Committee Co-Chair	2	Director	$0	$0	$0
Linda Karson	Director	2	Director	$0	$0	$0
Debi Kant	Director	2	Director	$0	$0	$0
Susan Kidd	Director	2	Director	$0	$0	$0
Robert Meisnere	Director & Chair of the Building Committee	2	Director	$0	$0	$0
Jo Ann Reiss	Director	2	Director	$0	$0	$0
Therese Salus	Director	2	Director	$0	$0	$0
Susan P Snyder	Director	2	Director	$0	$0	$0
Ilene Sparber	Director and 5K Race Co-Chair	2	Director	$0	$0	$0
Joanne Tanner	Director & Communications Committee Co-Chair	2	Director	$0	$0	$0
Victoria Bor	Vice President & Fundraising Committee Chair	2	Officer Director	$0	$0	$0
Debbie Jaffe	Secretary & Communications Committee & 5K Co-Chair	3	Officer Director	$0	$0	$0
Miles Mutnick	Treasurer & Finance Committee Chair	3	Officer Director	$0	$0	$0
Amy Schear	President	4	Officer Director	$0	$0	$0
Michael Werner	General Counsel & Governance Committee Co-Chair	2	Officer Director	$0	$0	$0
David Wessel	Assistant Treasurer	2	Officer 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	$336,028	$343,772	$893,963	$-7,744
2023	$355,417	$327,393	$885,971	$28,024
2022	$241,147	$320,758	$845,449	$-79,611
2021	$418,070	$310,601	$968,614	$107,469
2020	$206,962	$224,366	$786,890	$-17,404
2019	$261,168	$231,021	$771,276	$30,147
2018	$231,140	$229,792	$717,749	$1,348

SINAI ASSISTED HOUSING FOUNDATION INC