SOUTH SAND SPRINGS SENIOR CITIZENS APARTMENTS INC (EIN 731415407) - 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

1992

Legal Domicile

Principal Officer

CYNTHIA PHILLIPS

Phone

9183332244

Tax Period

2024-05-01 to 2025-04-30

SOUTH SAND SPRINGS SENIOR CITIZENS APARTMENTS INC, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $522K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE LOW-INCOME HOUSING FOR THE ELDERLY.

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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 $518,202

Investment Income $3,417

Other Revenue $0

TOTAL REVENUE $521,619

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $466,135

Other Expenses $551,230

TOTAL EXPENSES $551,230

Year-over-Year Comparison

	2024	2023	Change
Revenue	$521,619	$472,642	+0.1%
Expenses	$551,230	$512,169	+0.1%
Net Income	$-29,611	$-39,527	-0.3%

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
JANICE BARNES	MEMBER	1.00	Director	$0	$0	$0
JOHN FOTHERGILL	MEMBER	1.00	Director	$0	$0	$0
CHERE GIBBS	MEMBER	1.00	Director	$0	$0	$0
SHIRLEY JOHNSON	MEMBER	1.00	Director	$0	$0	$0
DENISE FOTHERGILL	TREASURER	1.00	Officer	$0	$0	$0
NANCY MCGUIRE	SECRETARY	1.00	Officer	$0	$0	$0
CYNTHIA PHILLIPS	PRESIDENT	1.00	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	$521,619	$551,230	$611,129	$-29,611
2024	$472,642	$512,169	$607,981	$-39,527
2023	$402,100	$563,199	$649,151	$-161,099
2022	$383,955	$515,665	$811,630	$-131,710
2021	$384,490	$499,992	$890,114	$-115,502
2020	$377,522	$478,471	$1,003,057	$-100,949
2019	$368,709	$469,884	$1,106,253	$-101,175

SOUTH SAND SPRINGS SENIOR CITIZENS APARTMENTS INC