SOUTH POINTE PHASE II INC (EIN 721473963) - 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

2000

Legal Domicile

Principal Officer

LORETTA HUDSON

Phone

3183881500

Tax Period

2024-07-01 to 2025-06-30

SOUTH POINTE PHASE II INC, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $249K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $311K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND/OR DISABLED

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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 $248,148

Investment Income $523

Other Revenue $0

TOTAL REVENUE $248,671

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,160

Fundraising Expenses $0

Program Expenses $273,312

Other Expenses $251,149

TOTAL EXPENSES $311,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$248,671	$228,632	+0.1%
Expenses	$311,309	$340,803	-0.1%
Net Income	$-62,638	$-112,171	-0.4%

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

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
ASHLEY DOUGHTY ABLE	BOARD MEMBER	N/A	Director	$0	$0	$0
PASTOR MONTRELL BRADLEY	BOARD MEMBER	N/A	Director	$0	$0	$0
JOE FARR	BOARD MEMBER	N/A	Director	$0	$0	$0
MYRA GATLING	BOARD MEMBER	N/A	Director	$0	$0	$0
PATRICIA GIX	BOARD MEMBER	N/A	Director	$0	$0	$0
HAL HINCHCLIFFE	BOARD MEMBER	N/A	Director	$0	$0	$0
GLADYS SMITH-COWARD	BOARD MEMBER	N/A	Director	$0	$0	$0
BRANDON WELCH	BOARD MEMBER	N/A	Director	$0	$0	$0
JANET S DURDEN	VICE PRESIDE	N/A	Officer	$0	$0	$0
CHERYL FARMER	SECRETARY-TR	N/A	Officer	$0	$0	$0
LORETTA HUDSON	PRESIDENT	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	$248,671	$311,309	$1,447,674	$-62,638
2024	$228,632	$340,803	$1,536,560	$-112,171
2023	$203,738	$308,996	$1,654,578	$-105,258
2022	$166,716	$297,361	$1,850,375	$-130,645
2021	$162,075	$248,511	$1,906,185	$-86,436
2020	$163,365	$260,680	$1,962,700	$-97,315
2019	$163,234	$248,361	$2,028,542	$-85,127

SOUTH POINTE PHASE II INC