SHELBY OAKS HOUSING INC (EIN 581746448) - 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

1981

Legal Domicile

Principal Officer

LAURIE POWELL

Phone

9015673554

Tax Period

2024-07-01 to 2025-06-30

SHELBY OAKS HOUSING INC, founded in 1981, is a small nonprofit that reported $259K in total revenue in fiscal year 2024. Expenses of $374K exceeded revenue, resulting in a 44% operating deficit.

Mission

PROVIDE HOUSING FOR MENTALLY ILL PATIENTS

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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 $193,925

Program Service Revenue $65,555

Investment Income $8

Other Revenue $0

TOTAL REVENUE $259,488

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,297

Fundraising Expenses $0

Program Expenses $299,895

Other Expenses $316,476

TOTAL EXPENSES $373,773

Year-over-Year Comparison

	2024	2023	Change
Revenue	$259,488	$261,829	0.0%
Expenses	$373,773	$385,583	0.0%
Net Income	$-114,285	$-123,754	-0.1%

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

$370,090

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC TRENT MCVAY	PRESIDENT	1.00	Officer Director	$0	$0	$0
NINA STAPLES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MURPHYSTEEN COUNTS	SECRETARY	1.00	Officer Director	$0	$0	$0
LAURIE POWELL	EXECUTIVE DIRECTOR	1.00	Officer	$0	$34,694	$370,090

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	$259,488	$373,773	$500,957	$-114,285
2024	$261,829	$385,583	$650,252	$-123,754
2023	$350,814	$376,892	$717,445	$-26,078
2022	$610,310	$346,059	$736,621	$264,251
2021	$205,780	$283,248	$348,849	$-77,468
2020	$206,419	$265,454	$228,883	$-59,035
2019	$200,688	$301,236	$291,157	$-100,548

SHELBY OAKS HOUSING INC