STUDENT HOUSING OF AMERICA INC (EIN 582472789) - 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

1999

Legal Domicile

Principal Officer

SAMUEL WIGGINS

Phone

4043642900

Tax Period

2022-07-01 to 2023-06-30

STUDENT HOUSING OF AMERICA INC, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $4.7M in total revenue in fiscal year 2022. Expenses of $5.4M exceeded revenue, resulting in a 16% operating deficit.

Mission

DEVELOPMENT, OWNERSHIP & OPERATION OF STUDENT HOUSING PROJECTS

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,115,181

Investment Income $13,717

Other Revenue $547,971

TOTAL REVENUE $4,676,869

Expense Breakdown

Grants Paid $0

Salaries & Benefits $470,183

Fundraising Expenses $0

Program Expenses $5,197,658

Other Expenses $4,947,124

TOTAL EXPENSES $5,417,307

Year-over-Year Comparison

	2022	2021	Change
Revenue	$4,676,869	$4,459,972	+0.0%
Expenses	$5,417,307	$5,104,350	+0.1%
Net Income	$-740,438	$-644,378	+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

$45,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SAMUEL WIGGINS	CHAIRMAN	30.00	Officer	$15,000	$0	$15,000
SHAUN WIGGINS	TREASURER	10.00	Officer	$15,000	$0	$15,000
YOLANDA MARTIN SINGLETON	SECRETARY	5.00	Officer	$15,000	$0	$15,000

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	No data	No data	No data	No data
2023	$4,676,869	$5,417,307	$17,769,755	$-740,438
2022	$4,459,972	$5,104,350	$18,887,768	$-644,378
2021	$3,721,110	$6,979,262	$19,459,195	$-3,258,152
2020	$3,163,698	$3,951,333	$17,979,785	$-787,635
2019	$2,763,707	$3,714,612	$15,891,672	$-950,905
2018	$2,306,186	$3,807,395	$15,089,357	$-1,501,209

STUDENT HOUSING OF AMERICA INC