ST HENRY'S PROPERTY DEVELOPMENT INC (EIN 581489390) - 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

1982

Legal Domicile

Principal Officer

RICHARD BOROFSKI

Phone

6157604424

Tax Period

2020-07-01 to 2021-03-31

ST HENRY'S PROPERTY DEVELOPMENT INC, founded in 1982, is a small nonprofit that reported $250K in total revenue in fiscal year 2020. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $216K left a modest 14% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO CONTRUCT, MAINTAIN, LEASE, AND OPERATE A HOUSING DEVELOPMENT FOR ELDERLY PERSONS AND A NURSING CARE FACILITY WHICH IS LOCATED IN NASHVILLE, DAVIDSON COUNTY, TENNESSEE.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $84,281

Investment Income $164,988

Other Revenue $1,000

TOTAL REVENUE $250,269

Expense Breakdown

Grants Paid $31,050

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $156,011

Other Expenses $184,675

TOTAL EXPENSES $215,725

Year-over-Year Comparison

	2020	2019	Change
Revenue	$250,269	$182,939	+0.4%
Expenses	$215,725	$91,315	+1.4%
Net Income	$34,544	$91,624	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE DRAY	TRUSTEE	1.00	Director	$0	$0	$0
ALICE BOLSTER	TRUSTEE	1.00	Director	$0	$0	$0
ROBERT FIDLER	TRUSTEE	1.00	Director	$0	$0	$0
GINO MARCHETTI	LEGAL COUNSEL	1.00	Director	$0	$0	$0
DAN SPROUSE	PRESIDENT	1.00	Officer	$0	$0	$0
JOSEPH MADDUX	SECRETARY/TREASURER	1.00	Officer	$0	$0	$0
VINCE PHILLIPS	VICE-PRESIDENT	1.00	Officer	$0	$0	$0
DAVID GLASCOE	FORMER ADMINISTRATOR	1.00		$204,796	$5,128	$209,924

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
2021	$250,269	$215,725	No data	$34,544
2020	$182,939	$91,315	$1,854,895	$91,624
2019	$147,121	$82,031	$1,887,932	$65,090

ST HENRY'S PROPERTY DEVELOPMENT INC