SHEPHERDS OF INDEPENDENCE (EIN 582641404) - 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

2001

Legal Domicile

Principal Officer

ELSA SCHRADER

Phone

6168854790

Tax Period

2024-01-01 to 2024-12-31

SHEPHERDS OF INDEPENDENCE, founded in 2001, is a small nonprofit in the Human Services sector that reported $515K in total revenue in fiscal year 2024. Expenses of $609K exceeded revenue, resulting in a 18% operating deficit.

Mission

TO PROVIDE SHELTER, PLUS CARE, THAT MEETS PHYSICAL, MENTAL SPIRITUAL AND SOCIAL NEEDS, WHILE FOSTERING DIGNITY AND INDEPENDENCE IN AN AFFORDABLE, WARM, HOME-LIKE ATMOSPHERE, TO THE MENTALLY AND PHYSICALLY CHALLENGED, TO THE DISPLACED OR HOMELESS WITH POVERTY LEVEL INCOME.

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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 (2024)

Revenue Breakdown

Contributions & Grants $52,359

Program Service Revenue $451,560

Investment Income $0

Other Revenue $10,953

TOTAL REVENUE $514,872

Expense Breakdown

Grants Paid $0

Salaries & Benefits $284,965

Fundraising Expenses $0

Program Expenses $507,132

Other Expenses $324,265

TOTAL EXPENSES $609,230

Year-over-Year Comparison

	2024	2023	Change
Revenue	$514,872	$511,814	+0.0%
Expenses	$609,230	$532,960	+0.1%
Net Income	$-94,358	$-21,146	+3.5%

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

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

$91,632

Total Directors

$91,632

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELSA SCHRADER	CHAIRMAN	40.00	Officer Director	$91,632	$0	$91,632
EDNA HULST	SECRETARY	2.00	Officer Director	$0	$0	$0
DONNA SILVA	TREASURER	2.00	Officer Director	$0	$0	$0
LORETTA MARINELLI	VICE CHAIR	2.00	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
2024	$514,872	$609,230	$482,024	$-94,358
2023	$511,814	$532,960	$576,452	$-21,146
2022	$496,138	$482,869	$613,979	$13,269
2021	$471,589	$461,661	$543,787	$9,928
2020	$459,159	$453,926	$616,535	$5,233
2019	$436,122	$450,195	$467,654	$-14,073
2018	$426,072	$443,489	$509,689	$-17,417

SHEPHERDS OF INDEPENDENCE