BOSSIER CITY VOA INDEPENDENT HOUSI… - Form 990 Financial Data

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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

1991

Legal Domicile

Principal Officer

THOMAS TURNBULL

Phone

3182212669

Tax Period

2023-07-01 to 2024-06-30

BOSSIER CITY VOA INDEPENDENT HOUSING INC, founded in 1991, is a small nonprofit that reported $276K in total revenue in fiscal year 2023. Expenses of $262K left a modest 5% surplus.

Mission

PROVIDES HOUSING TO DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

Program Service Accomplishments

Program 1

Expenses: $232,088 Revenue: $275,994

PROVIDES HOUSING TO DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

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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 $275,994

Investment Income $46

Other Revenue $0

TOTAL REVENUE $276,040

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,810

Fundraising Expenses $0

Program Expenses $232,088

Other Expenses $209,369

TOTAL EXPENSES $262,179

Year-over-Year Comparison

	2023	2022	Change
Revenue	$276,040	$259,092	+0.1%
Expenses	$262,179	$283,292	-0.1%
Net Income	$13,861	$-24,200	-1.6%

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
DAVID ALEXANDER	DIRECTOR	N/A	Director	$0	$0	$0
KENNETH BEATTY	ASSISTANT SE	N/A	Director	$0	$0	$0
DAVID EMERY	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MELISSA FLORES	SECRETARY/TR	N/A	Officer Director	$0	$0	$0
LYDIA JACKSON	DIRECTOR	N/A	Director	$0	$0	$0
EDWARD TAYLOR	DIRECTOR	N/A	Director	$0	$0	$0
CAROLYN M THOMPSON	DIRECTOR	N/A	Director	$0	$0	$0
JENNIFER TROWBRIDGE	ASSISTANT SE	N/A	Director	$0	$0	$0
THOMAS TURNBULL	PRESIDENT	N/A	Officer 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	No data	No data	No data	No data
2024	$276,040	$262,179	$337,508	$13,861
2023	$259,092	$283,292	$324,741	$-24,200
2022	$256,859	$242,532	$355,742	$14,327
2021	$211,417	$269,935	$342,699	$-58,518
2020	$243,965	$296,735	$388,828	$-52,770
2019	$235,970	$251,089	$447,282	$-15,119

BOSSIER CITY VOA INDEPENDENT HOUSING INC