CHURCH STREET APARTMENTS INC C/O SOUTHLAND MANAGEMENT CORPORATION (EIN 582240758) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

RAYFIELD EVINS

Phone

6019486401

Tax Period

2024-10-01 to 2025-09-30

CHURCH STREET APARTMENTS INC C/O SOUTHLAND MANAGEMENT CORPORATION, founded in 1996, is a micro nonprofit in the Unknown sector that reported $90K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $120K exceeded revenue, resulting in a 33% operating deficit.

Mission

TO PROVIDE LOW-INCOME HOUSING FOR MENTALLY ILL INDIVIDUALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $89,664

Investment Income $10

Other Revenue $0

TOTAL REVENUE $89,674

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,959

Fundraising Expenses $0

Program Expenses $98,609

Other Expenses $114,602

TOTAL EXPENSES $119,561

Year-over-Year Comparison

	2024	2023	Change
Revenue	$89,674	$76,225	+0.2%
Expenses	$119,561	$112,148	+0.1%
Net Income	$-29,887	$-35,923	-0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
CLAY TERRELL	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
RUFUS WARD	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
TERRY STACEY	VICE-CHAIRPERSON	1.00	Officer Director	$0	$0	$0
JEROME MILLER	DIRECTOR	1.00	Director	$0	$0	$0
KATHY JUSTICE HUNTER	DIRECTOR	1.00	Director	$0	$0	$0
CAROL READ	DIRECTOR	1.00	Director	$0	$0	$0
RAYFIELD EVINS	EXECUTIVE DIRECTOR	1.00	Officer	$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	$89,674	$119,561	$393,504	$-29,887
2024	$76,225	$112,148	$425,951	$-35,923
2023	$67,896	$94,483	$459,726	$-26,587
2022	$69,493	$99,131	$486,698	$-29,638
2021	$64,613	$84,542	$510,133	$-19,929
2020	$62,832	$84,068	$531,284	$-21,236
2019	$63,994	$89,066	$552,161	$-25,072

CHURCH STREET APARTMENTS INC C/O SOUTHLAND MANAGEMENT CORPORATION