PIEDMONT SENIOR HOUSING CORPORATION AKA GEORGIA MANOR (EIN 570914060) - 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

CYNTHIA LOUNDS

Phone

8643244549

Tax Period

2024-01-01 to 2024-12-31

PIEDMONT SENIOR HOUSING CORPORATION AKA GEORGIA MANOR, founded in 1990, is a small nonprofit in the Housing & Shelter sector that reported $282K in total revenue in fiscal year 2024. Expenses of $346K exceeded revenue, resulting in a 23% operating deficit.

Mission

TO PROVIDE QUALITY AFFORDABLE HOUSING TO LOW-INCOME ELDERLY RESIDENTS AGES 62 AND OLDER.

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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 $102,982

Program Service Revenue $179,126

Investment Income $12

Other Revenue $0

TOTAL REVENUE $282,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,808

Fundraising Expenses $0

Program Expenses $276,714

Other Expenses $228,956

TOTAL EXPENSES $345,764

Year-over-Year Comparison

	2024	2023	Change
Revenue	$282,120	$293,975	0.0%
Expenses	$345,764	$238,422	+0.5%
Net Income	$-63,644	$55,553	-2.1%

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

$133,719

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MS KATHY E BELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ALEIGHA BUTLER-TATE	BOARD MEMBER	1.00	Director	$0	$0	$0
THE HONORABLE JEROME RICE	BOARD MEMBER	1.00	Director	$0	$0	$0
REV JAMES LEWIS	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MR BARRY DENDY	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
MARION HUNTER	BOARD MEMBER	1.00	Director	$0	$0	$0
MR PAUL GILLIAM	BOARD MEMBER	1.00	Director	$0	$0	$0
MRS BARBARA THOMPSON	BOARD MEMBER	1.00	Director	$0	$0	$0
MR JOE TRACY	BOARD MEMBER	1.00	Director	$0	$0	$0
MR JAMES CHEEK	BOARD MEMBER	1.00	Director	$0	$0	$0
MRS MICHELLE NELSON	TREASURER	1.00	Officer Director	$0	$0	$0
MS KATHY MILLER	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
CEDRIC SMITH	BOARD MEMBER	1.00	Director	$0	$0	$0
JANNIE SALLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
DR CAROL MCFADDEN	BOARD MEMBER	1.00	Director	$0	$0	$0
MRS CYNTHIA LOUNDS	EXEC DIRECTOR	1.00	Officer	$0	$5,140	$133,719

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	$282,120	$345,764	$370,319	$-63,644
2023	$293,975	$238,422	$383,513	$55,553
2022	$226,660	$247,214	$408,834	$-20,554
2021	$208,161	$203,620	$360,606	$4,541
2020	$211,275	$214,938	$324,780	$-3,663
2019	$197,404	$262,231	$341,417	$-64,827
2018	$200,348	$223,120	$448,365	$-22,772
2017	$181,340	$224,027	$470,533	$-42,687
2016	$165,059	$227,252	$514,810	$-62,193

PIEDMONT SENIOR HOUSING CORPORATION AKA GEORGIA MANOR