SLOAN STREET HOUSING DEVELOPMENT CORPORATION INC (EIN 570856141) - 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

1998

Legal Domicile

Principal Officer

DOUGLAS A WRIGHT

Phone

8642253370

Tax Period

2024-07-01 to 2025-06-30

SLOAN STREET HOUSING DEVELOPMENT CORPORATION INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $158K in total revenue in fiscal year 2024.

Mission

PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS BY OPERATING A HUD ASSISTED APARTMENT COMMUNITY REGULATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959.

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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 $0

Program Service Revenue $151,526

Investment Income $6,260

Other Revenue $0

TOTAL REVENUE $157,786

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,239

Fundraising Expenses $0

Program Expenses $134,153

Other Expenses $113,349

TOTAL EXPENSES $162,588

Year-over-Year Comparison

	2024	2023	Change
Revenue	$157,786	$149,538	+0.1%
Expenses	$162,588	$168,824	0.0%
Net Income	$-4,802	$-19,286	-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

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

$96,319

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS A WRIGHT	PRESIDENT/CE	40.00	Officer	$0	$0	$96,319
TERRANCE FORD	SECRETARY	1.00	Director	$0	$0	$0
HOLLIE HARRELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ROGER KANAAN	BOARD MEMBER	1.00	Director	$0	$0	$0
LEO MEDINA	CHAIR	1.00	Director	$0	$0	$0
ANDRE NGUYEN	BOARD MEMBER	1.00	Director	$0	$0	$0
BRADLEY ORR	TREASURER	1.00	Director	$0	$0	$0
RACHELLE PROPP SHIRLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG SHORE	BOARD MEMBER	1.00	Director	$0	$0	$0
DR SOPHIE WOORONS	1ST VICE CHA	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
2025	$157,786	$162,588	$656,370	$-4,802
2024	$149,538	$168,824	$669,154	$-19,286
2023	$132,424	$139,992	$682,999	$-7,568
2022	$136,123	$117,194	$690,473	$18,929
2021	$121,131	$138,232	$688,426	$-17,101
2020	$120,042	$110,997	$693,738	$9,045
2019	$114,409	$104,564	$676,477	$9,845

SLOAN STREET HOUSING DEVELOPMENT CORPORATION INC