SACRAMENTO NEIGHBORHOOD HOUSING SE… - Form 990 Financial Data

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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

1986

Legal Domicile

Principal Officer

LAURETTA CASIMIR-MAHONEY

Phone

9164525356

Tax Period

2023-01-01 to 2023-12-31

SACRAMENTO NEIGHBORHOOD HOUSING SERVICES INC, founded in 1986, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $3.4M exceeded revenue, resulting in a 194% operating deficit.

Mission

TO IMPROVE AND RESTORE DISTRICT-WIDE NEIGHBORHOODS FOR THE BENEFIT OF THE RESIDENTS.

Program Service Accomplishments

Program 1

Expenses: $1,578,759 Revenue: $375,408

HOME OWNERSHIP SERVICES - TO BRING NEW HOME OWNERSHIP OPPORTUNITIES TO HOUSEHOLDS OF MODERATE MEANS BY SUPPORTING PRIVATELY FUNDED FIRST MORTGAGES WITH SUBSIDIZED SECOND MORTGAGES. THE HOME OWNERSHIP CENTER PROVIDES HOMEOWNER EDUCATION CLASSES, FLEXIBLE LOAN PRODUCTS, FORECLOSURE PREVENTION COUNSELING AND OTHER LOAN SERVICES.

Program 2

Expenses: $218,317

REAL ESTATE DEVELOPMENT - TO DEVELOP SINGLE FAMILY HOMES THROUGH ACQUISITION-REHABILITATION OR NEW CONSTRUCTION. THESE HOMES ARE THEN SOLD TO LOW- AND MODERATE-INCOME HOME BUYERS AS A PRIMARY...

REAL ESTATE DEVELOPMENT - TO DEVELOP SINGLE FAMILY HOMES THROUGH ACQUISITION-REHABILITATION OR NEW CONSTRUCTION. THESE HOMES ARE THEN SOLD TO LOW- AND MODERATE-INCOME HOME BUYERS AS A PRIMARY RESIDENCE WHICH WILL ALLOW THEM TO BUILD ASSETS AND STABILITY FOR THEMSELVES AND THE NEIGHBORHOOD.

Program 3

Expenses: $487,725

COMMUNITY BUILDING - TO PROVIDE COUNTLESS OPPORTUNITIES FOR PARTNERSHIP AND PROGRAM DEVELOPMENT. THESE VARIOUS ACTIVITIES KEEP THE ORGANIZATION AND ITS PARTNERS ENGAGED THROUGH COMMUNITY MOBILIZATION...

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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 (2023)

Revenue Breakdown

Contributions & Grants $828,723

Program Service Revenue $366,031

Investment Income $7,427

Other Revenue $-31,675

TOTAL REVENUE $1,170,506

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,468,579

Fundraising Expenses $137,477

Program Expenses $2,284,801

Other Expenses $1,973,622

TOTAL EXPENSES $3,442,201

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,170,506	$2,354,379	-0.5%
Expenses	$3,442,201	$4,566,300	-0.2%
Net Income	$-2,271,695	$-2,211,921	+0.0%

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

$293,174

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN OJO	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
MAY EMIG	VICE CHAIR	0.50	Officer Director	$0	$0	$0
MEAGAN SVENDSEN	SECRETARY	0.50	Officer Director	$0	$0	$0
ALISHA DANIELS-DUCKWORTH	TREASURER	0.50	Officer Director	$0	$0	$0
DONNA HUCKLEBY	GOVERNANCE CHAIR	0.50	Director	$0	$0	$0
FRED QUINN	BOARD MEMBER	0.50	Director	$0	$0	$0
TERA DIGGS-REYNOLDS	BOARD MEMBER	0.50	Director	$0	$0	$0
LAURETTA CASIMIR-MAHONEY	CHIEF EXECUTIVE OFFICER & PRESIDENT	40.00	Officer	$173,935	$0	$173,935
SARA REED	CHIEF ADMIN. OFFICER (THRU 12/1/23)	40.00	Officer	$109,881	$9,358	$119,239

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	$1,170,506	$3,442,201	$8,118,809	$-2,271,695
2022	$2,354,379	$4,566,300	$10,722,010	$-2,211,921
2021	$2,492,347	$4,354,397	$13,181,732	$-1,862,050
2020	$2,503,371	$4,555,927	$15,952,638	$-2,052,556
2019	$6,948,641	$3,978,128	$18,240,192	$2,970,513
2018	$2,336,445	$4,114,379	$15,292,567	$-1,777,934

SACRAMENTO NEIGHBORHOOD HOUSING SERVICES INC