EVANGELINE COUNCIL HOUSING FOR THE ELDERLY INC (EIN 720929605) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

1980

Legal Domicile

Principal Officer

MELANIE RIBEIRO

Phone

9548359200

Tax Period

2023-10-01 to 2024-09-30

EVANGELINE COUNCIL HOUSING FOR THE ELDERLY INC, founded in 1980, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2023. Expenses of $1.6M exceeded revenue, resulting in a 21% operating deficit.

Mission

OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED. REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,270,692

Investment Income $1,655

Other Revenue $9,931

TOTAL REVENUE $1,282,278

Expense Breakdown

Grants Paid $0

Salaries & Benefits $516,528

Fundraising Expenses $0

Program Expenses $922,379

Other Expenses $1,033,880

TOTAL EXPENSES $1,550,408

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,282,278	$1,230,755	+0.0%
Expenses	$1,550,408	$1,407,227	+0.1%
Net Income	$-268,130	$-176,472	+0.5%

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

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

$524,053

Total Directors

$26,541

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE RIBEIRO	DIRECTOR / V	0.70	Officer	$0	$72,591	$497,512
JOHN OLSEN	TREASURER	0.50	Officer Director	$0	$0	$26,541
MARIA CORDONE	SECRETARY	0.30	Officer Director	$0	$0	$0
RANDALL DESHOTEL	VP / DIRECTO	0.10	Officer Director	$0	$0	$0
TONY FRANSETTA	DIRECTOR	0.10	Director	$0	$0	$0
MICHAEL BRENT PERRON	DIRECTOR	0.10	Director	$0	$0	$0
BRYANT RIGGS	DIRECTOR	0.10	Director	$0	$0	$0
CHRISTOPHER M SHELTON	PRESIDENT	0.50	Officer Director	$0	$0	$0
KEVIN VEILLON	DIRECTOR	0.10	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	$1,282,278	$1,550,408	$3,395,946	$-268,130
2023	$1,230,755	$1,407,227	$3,510,719	$-176,472
2022	$1,257,241	$1,384,500	$3,553,386	$-127,259
2021	$1,245,271	$1,291,569	$3,734,274	$-46,298
2020	$1,178,115	$1,282,079	$3,937,073	$-103,964
2019	$1,137,965	$1,328,997	$4,183,861	$-191,032
2018	$1,130,479	$1,263,071	$4,452,447	$-132,592

EVANGELINE COUNCIL HOUSING FOR THE ELDERLY INC