SCOTTSBORO HOUSING & SOCIAL SERVICES INC (EIN 631277201) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2001

Legal Domicile

Principal Officer

LANCE ARMSTRONG

Phone

2562595600

Tax Period

2023-01-01 to 2023-12-31

SCOTTSBORO HOUSING & SOCIAL SERVICES INC, founded in 2001, is a community nonprofit in the Housing & Shelter sector that reported $2.2M in total revenue in fiscal year 2018. The organization ran a surplus of $509K, a strong 23% operating margin.

Mission

TO PROVIDE HOUSING FOR ADULT, AGED & DISABLED PERSONS AND PURPOSES RELATED THERETO AND INCLUDING BUT NOT LIMITED TO CHARITABLE, EDUCATIONAL ACTIVITIES DESIGNED FOR RELIEF OF THE POOR & DISTRESSED OR THE UNDER PRIVILEGED; THE ADVANCEMENT OF EDUCATION DESIGNED TO LESSEN NEIGHBORHOOD TENSIONS, ELIMINATE PREJUDICE AND DISCRIMINATION, AND COMBAT COMMUNITY DETERIORATION.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,680,082

Program Service Revenue $753,380

Investment Income $160,785

Other Revenue $0

TOTAL REVENUE $2,594,247

Expense Breakdown

Grants Paid $0

Salaries & Benefits $470,647

Fundraising Expenses $0

Program Expenses $1,774,805

Other Expenses $1,555,427

TOTAL EXPENSES $2,026,074

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,594,247	$2,669,423	0.0%
Expenses	$2,026,074	$1,997,065	+0.0%
Net Income	$568,173	$672,358	-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

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

$128,674

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES DRAIN	CHAIRMAN	0.20	Officer Director	$0	$0	$0
BILL ARNOLD	DIRECTOR	0.20	Director	$0	$0	$0
ROSITA MCCAMEY	DIRECTOR	0.20	Director	$0	$0	$0
NANCY HODGES	DIRECTOR	0.20	Director	$0	$0	$0
BILLY GARNER	VICE-CHAIRMAN	0.20	Officer Director	$0	$0	$0
LANCE ARMSTRONG	SECRETARY-TREASURER	20.00	Officer	$0	$16,314	$128,674

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	No data	No data	No data	No data
2023	$2,594,247	$2,026,074	$12,296,079	$568,173
2022	$2,669,423	$1,997,065	$12,878,826	$672,358
2021	$2,362,761	$1,691,964	$12,212,835	$670,797
2020	$2,299,877	$1,692,370	$11,612,250	$607,507
2019	$2,372,412	$1,709,659	$11,282,467	$662,753
2018	$2,242,693	$1,733,586	$11,052,575	$509,107

SCOTTSBORO HOUSING & SOCIAL SERVICES INC