Noble Senior Citizens Housing Authority Inc (EIN 731185926) - 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

1980

Legal Domicile

Principal Officer

Michael Stevenson

Phone

8174882077

Tax Period

2024-01-01 to 2024-12-31

Noble Senior Citizens Housing Authority Inc, founded in 1980, is a small nonprofit in the Housing & Shelter sector that reported $239K in total revenue in fiscal year 2024.

Mission

Providing affordable housing to low income and individuals at least 62 years old who earn less than the area median income established by the Department of Housing and Urban Development.

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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 $236,894

Investment Income $1,804

Other Revenue $301

TOTAL REVENUE $238,999

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,019

Fundraising Expenses $0

Program Expenses $237,402

Other Expenses $179,383

TOTAL EXPENSES $237,402

Year-over-Year Comparison

	2024	2023	Change
Revenue	$238,999	$223,014	+0.1%
Expenses	$237,402	$228,948	+0.0%
Net Income	$1,597	$-5,934	-1.3%

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
Wallace Leslie	Director	001.00	Director	$0	$0	$0
Mike Jones	Director	001.00	Director	$0	$0	$0
Helen Higbee	Director	001.00	Director	$0	$0	$0
Jack Pruner	President	001.00	Officer	$0	$0	$0
Lynn Rayburn	Vice President	001.00	Officer	$0	$0	$0
Glenda Pruner	Secretary	001.00	Officer	$0	$0	$0
Jonell Jones	Treasurer	001.00	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	$238,999	$237,402	$530,919	$1,597
2023	$223,014	$228,948	$546,407	$-5,934
2022	$225,415	$211,402	$570,292	$14,013
2021	$219,515	$215,095	$524,610	$4,420
2020	$224,731	$241,400	$530,610	$-16,669
2019	$219,041	$231,644	$546,991	$-12,603
2018	$219,579	$231,263	$576,770	$-11,684

Noble Senior Citizens Housing Authority Inc