HERITAGE SQUARE APARTMENTS INC

EIN: 582239356 501(c)(3) Human Services

SILOAM SPRINGS, AR

Total Revenue
$-28,594
Total Expenses
N/A
Total Assets
$674,194
Net Assets
$662,300
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
AR
Principal Officer
KENNETH CHILDERS
Tax Period
2022-01-01 to 2022-12-31

HERITAGE SQUARE APARTMENTS INC, founded in 1998, is a micro nonprofit in the Human Services sector that reported $32K in total revenue in fiscal year 2020.

Mission

PROVIDE AFFORDABLE HOUSING

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $74
Other Revenue $-28,668
TOTAL REVENUE $-28,594

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2022 2021 Change
Revenue $-28,594 $-23,663 +0.2%
Expenses N/A N/A N/A
Net Income N/A $-23,663 N/A
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

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
3
$49,691
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEN CHILDERS CHAIRMAN 1
Director
$0 $0 $0
JERRY DONNER VICE-CHAIRMAN 1
Director
$0 $0 $0
JUDY HOBBS SECRETARY 10
Director
$0 $0 $49,691
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
2022 $-28,594 No data $674,194 No data
2021 $-23,663 No data $701,704 No data
2020 $-31,646 No data $724,793 No data
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