SOUTHWEST HOUSING DEVELOPMENT CORP (EIN 721114730) - 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

1987

Legal Domicile

Principal Officer

BONJI ARVIE

Phone

3377833788

Tax Period

2024-01-01 to 2024-12-31

SOUTHWEST HOUSING DEVELOPMENT CORP, founded in 1987, is a small nonprofit that reported $338K in total revenue in fiscal year 2024. Expenses of $372K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE CLEAN, COMFORTABLE, AFFORDABLE HOUSING.

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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 $337,359

Investment Income $332

Other Revenue $0

TOTAL REVENUE $337,691

Expense Breakdown

Grants Paid $0

Salaries & Benefits $86,455

Fundraising Expenses $0

Program Expenses $331,227

Other Expenses $285,264

TOTAL EXPENSES $371,719

Year-over-Year Comparison

	2024	2023	Change
Revenue	$337,691	$351,369	0.0%
Expenses	$371,719	$355,498	+0.0%
Net Income	$-34,028	$-4,129	+7.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BONJI ARVIE	PRESIDENT	N/A	Director	$0	$0	$0
KIAREN COLEMAN	MEMBER	N/A	Director	$0	$0	$0
REV SHERARD JOSEPH	MEMBER	N/A	Director	$0	$0	$0
REV BERTHEL LEWIS	SECRETARTY/T	N/A	Officer	$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
2025	No data	No data	No data	No data
2024	$337,691	$371,719	$644,157	$-34,028
2023	$351,369	$355,498	$704,955	$-4,129
2022	$338,300	$344,205	$740,491	$-5,905
2021	$340,212	$342,941	$766,667	$-2,729
2020	$332,610	$335,624	$790,778	$-3,014
2019	$329,008	$334,159	$815,406	$-5,151
2018	$325,900	$333,928	$840,437	$-8,028

SOUTHWEST HOUSING DEVELOPMENT CORP