SLOAN STREET HOUSING DEVELOPMENT CORPORATION II INC (EIN 582296506) - 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

1999

Legal Domicile

Principal Officer

DOUGLAS A WRIGHT

Phone

8642253370

Tax Period

2024-07-01 to 2025-06-30

SLOAN STREET HOUSING DEVELOPMENT CORPORATION II INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $175K in total revenue in fiscal year 2024.

Mission

PROVIDES HOUSING FOR LOW INCOME ELDERLY PERSONS BY OPERATING A HUD ASSISTED APARTMENT COMMUNITY REGULATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959.

🔒

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 $169,437

Investment Income $5,434

Other Revenue $0

TOTAL REVENUE $174,871

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,405

Fundraising Expenses $0

Program Expenses $147,288

Other Expenses $128,717

TOTAL EXPENSES $180,122

Year-over-Year Comparison

	2024	2023	Change
Revenue	$174,871	$168,831	+0.0%
Expenses	$180,122	$210,553	-0.1%
Net Income	$-5,251	$-41,722	-0.9%

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

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

$96,319

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS A WRIGHT	PRESIDENT/CE	40.00	Officer	$0	$0	$96,319
TERRANCE FORD	SECRETARY	1.00	Director	$0	$0	$0
HOLLIE HARRELL	BOARD MEMBER	1.00	Director	$0	$0	$0
ROGER KANAAN	BOARD MEMBER	1.00	Director	$0	$0	$0
LEO MEDINA	CHAIR	1.00	Director	$0	$0	$0
ANDRE NGUYEN	BOARD MEMBER	1.00	Director	$0	$0	$0
BRADLEY ORR	TREASURER	1.00	Director	$0	$0	$0
RACHELLE PROPP SHIRLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG SHORE	BOARD MEMBER	1.00	Director	$0	$0	$0
DR SOPHIE WOORONS	1ST VICE CHA	1.00	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	$174,871	$180,122	$790,998	$-5,251
2024	$168,831	$210,553	$798,372	$-41,722
2023	$159,934	$178,353	$842,812	$-18,419
2022	$165,640	$191,926	$857,682	$-26,286
2021	$144,979	$170,994	$884,822	$-26,015
2020	$145,627	$141,839	$921,422	$3,788
2019	$129,273	$137,951	$903,391	$-8,678

SLOAN STREET HOUSING DEVELOPMENT CORPORATION II INC