SAINT FRANCIS APARTMENTS INC C/O SOUTHLAND MANAGEMENT CORPORATION (EIN 640748961) - 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

1991

Legal Domicile

Principal Officer

DAVID GREEN

Phone

6019486401

Tax Period

2024-01-01 to 2024-12-31

SAINT FRANCIS APARTMENTS INC C/O SOUTHLAND MANAGEMENT CORPORATION, founded in 1991, is a small nonprofit that reported $406K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $354K left a modest 13% surplus.

Mission

PROVIDES HOUSING TO THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.

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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 $0

Program Service Revenue $405,333

Investment Income $582

Other Revenue $0

TOTAL REVENUE $405,915

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,124

Fundraising Expenses $0

Program Expenses $329,366

Other Expenses $261,230

TOTAL EXPENSES $354,354

Year-over-Year Comparison

	2024	2023	Change
Revenue	$405,915	$350,740	+0.2%
Expenses	$354,354	$342,984	+0.0%
Net Income	$51,561	$7,756	+5.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID GREEN	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHARLES HARRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
WILBUR GREEN	BOARD MEMBER	1.00	Director	$0	$0	$0
EVERETT SANDERS	BOARD MEMBER	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
2024	$405,915	$354,354	$418,654	$51,561
2023	$350,740	$342,984	$470,085	$7,756
2022	$331,433	$347,116	$486,279	$-15,683
2021	$340,138	$331,672	$521,334	$8,466
2020	$323,943	$300,402	$554,774	$23,541
2019	$310,692	$325,806	$571,064	$-15,114
2018	$306,054	$293,968	$635,813	$12,086

SAINT FRANCIS APARTMENTS INC C/O SOUTHLAND MANAGEMENT CORPORATION