BAYSHORE HOUSING CORPORATION (EIN 593411499) - 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

1996

Legal Domicile

Principal Officer

LAURA WRIGHT

Phone

8506646000

Tax Period

2017-08-01 to 2018-07-31

BAYSHORE HOUSING CORPORATION, founded in 1996, is a mid-sized nonprofit that reported $22.7M in total revenue in fiscal year 2017. Revenue surged 783% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19.7M, a strong 87% operating margin.

Mission

THE CORPORATION SHALL PROVIDE POSITIVE HOUSING OPPORTUNITIES TO THOSE FAMILIES OF LOW AND MODEST FINANCIAL MEANS AND SHALL STRIVE TO PROMOTE SELF-RESPECT AND SELF-RELIANCE AMONG ITS RESIDENTS WHILE MAINTAINING THE INTEGRITY OF THE PROPERTIES AND THE FINANCIAL GOALS ESTABLISHED BY THE BOARD OF DIRECTORS. THIS MISSION SHALL BE ACCOMPLISHED THROUGH COMPETENT, PROFESSIONAL MANAGEMENT, ACTIVE PARTICIPATION BY THE BOARD OF DIRECTORS, THE RESIDENTS AND THE COMMUNITY, ALL WORKING TOGETHER TO CARE FOR THE PROPERTY AND EACH OTHER.

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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 (2017)

Revenue Breakdown

Contributions & Grants $10,000

Program Service Revenue $1,388,070

Investment Income $26,316

Other Revenue $21,303,539

TOTAL REVENUE $22,727,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,281,280

Other Expenses $2,979,246

TOTAL EXPENSES $2,979,246

Year-over-Year Comparison

	2017	2016	Change
Revenue	$22,727,925	$2,573,839	+7.8%
Expenses	$2,979,246	$4,326,465	-0.3%
Net Income	$19,748,679	$-1,752,626	-12.3%

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

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

$20,602

Total Directors

$23,171

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN PEARCE	PRESIDENT	0.50	Officer Director	$0	$0	$0
LAURA B WRIGHT	SECRETARY/TREASURER	2.00	Officer Director	$5,731	$0	$20,602
CYNTHIA WILCOX	DIRECTOR	0.50	Director	$613	$0	$2,569
ROBERT COLE	DIRECTOR	0.50	Director	$0	$0	$0
REBECCA FREEMAN	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
VENETA FINLEY	DIRECTOR	0.50	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
2018	$22,727,925	$2,979,246	No data	$19,748,679

BAYSHORE HOUSING CORPORATION