KAPLAN HOUSING CORPORATION DBA ST MARTIN DE TOURS (EIN 721343499) - 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

1996

Legal Domicile

Principal Officer

JACOB TROUTMAN

Phone

3372615811

Tax Period

2024-04-01 to 2025-03-31

KAPLAN HOUSING CORPORATION DBA ST MARTIN DE TOURS, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $212K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $256K exceeded revenue, resulting in a 21% operating deficit.

Mission

OPERATION OF A HUD SUBSIDIZED LOW INCOME HOUSING COMPLEX

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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 $136,828

Program Service Revenue $75,297

Investment Income $37

Other Revenue $0

TOTAL REVENUE $212,162

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,873

Fundraising Expenses $0

Program Expenses $187,928

Other Expenses $220,018

TOTAL EXPENSES $255,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$212,162	$228,118	-0.1%
Expenses	$255,891	$256,548	0.0%
Net Income	$-43,729	$-28,430	+0.5%

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

N/A

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
VERY REVEREND KEVIN BORDELON	BOARD MEMBER	N/A	Director	$0	$0	$0
BISHOP DOUGLAS J DESHOTEL	PRESIDENT	N/A	Officer Director	$0	$0	$0
MRS MAUREEN K FONTENOT	SECRETARY	N/A	Officer Director	$0	$0	$0
DEACON JIM KINCEL	BOARD MEMBER	N/A	Director	$0	$0	$0
MONSIGNOR W CURTIS MALLET	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
VERY REVEREND JARED G SUIRE	DIRECTOR	N/A	Director	$0	$0	$0
JACOB TROUTMAN	CFO, TREASUR	N/A	Officer Director	$0	$0	$0
DEACON JEFF TRUMPS	TREASURER	N/A	Officer 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
2025	$212,162	$255,891	$684,667	$-43,729
2024	$228,118	$256,548	$728,365	$-28,430
2023	$183,281	$210,001	$754,998	$-26,720
2022	$165,511	$223,402	$783,657	$-57,891
2021	$144,155	$176,522	$860,559	$-32,367
2020	$127,260	$162,355	$891,358	$-35,095
2019	$124,404	$157,418	$899,951	$-33,014

KAPLAN HOUSING CORPORATION DBA ST MARTIN DE TOURS