Southern Coalition For Housing Opportunities Inc (EIN 541947550) - 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

1999

Legal Domicile

Phone

5127896516

Tax Period

2023-01-01 to 2023-12-31

Southern Coalition For Housing Opportunities Inc, founded in 1999, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2023. Expenses of $2.1M exceeded revenue, resulting in a 33% operating deficit.

Mission

the organization was organized and is operated exclusively as a charitable organization to acquire and operate a 24 bed alzheimer facility and provide other in-home services to adults.

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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 $0

Program Service Revenue $1,567,472

Investment Income $5,135

Other Revenue $0

TOTAL REVENUE $1,572,607

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,198,881

Fundraising Expenses $0

Program Expenses $1,896,844

Other Expenses $893,749

TOTAL EXPENSES $2,092,630

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,572,607	$1,566,406	+0.0%
Expenses	$2,092,630	$1,913,979	+0.1%
Net Income	$-520,023	$-347,573	+0.5%

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

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

$50,000

Total Directors

$50,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	PRESIDENT/TREASURER/DIRECTOR	20.0	Officer Director	$0	$0	$0
N/A	SECRETARY	20.0	Officer Director	$50,000	$0	$50,000
N/A	N/A	20.0	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	$1,572,607	$2,092,630	$825,195	$-520,023
2022	$1,566,406	$1,913,979	$1,039,275	$-347,573
2021	$1,088,982	$1,726,161	$1,229,618	$-637,179
2020	$1,498,533	$1,725,128	$1,281,422	$-226,595
2019	$1,748,427	$1,801,639	$1,343,560	$-53,212
2018	$1,742,023	$1,805,984	$1,382,806	$-63,961

Southern Coalition For Housing Opportunities Inc