SUNNYSIDE APARTMENTS INC FKA NEW V… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1979

Legal Domicile

Principal Officer

DR ANGEL M RODRIGUEZ

Phone

9158873410

Tax Period

2024-09-01 to 2025-08-31

SUNNYSIDE APARTMENTS INC FKA NEW VISTA INC, founded in 1979, is a micro nonprofit that reported $73K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $117K exceeded revenue, resulting in a 60% operating deficit.

Mission

TO OPERATE SUNNYSIDE APARTMENTS AND PROVIDE HOUSING FOR LOW-INCOME ELDERLY RESIDENTS, AND PSYCHIATRIC PATIENTS.

Program Service Accomplishments

Program 1

Expenses: $117,015

THE ORGANIZATION WAS ESTABLISHED TO OPERATE A HUD SUBSIDIZED HOUSING UNIT, WHICH PROVIDES HOUSING FOR LOW-INCOME ELDERLY RESIDENTS AND PERSONS THAT RECEIVE PSYCHIATRIC SERVICES. ON AVERAGE SUNNYSIDE APARTMENTS HAS 10 TENANTS PER MONTH AND CURRENTLY 2 VACANCIES, EACH UNIT IS ABLE TO HOUSE 2 TENANTS. ONE UNIT IS USED FOR THE PROJECT MANAGER. THERE ARE A TOTAL OF 12 UNITS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $73,156

Investment Income $0

Other Revenue $0

TOTAL REVENUE $73,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $117,015

Other Expenses $117,015

TOTAL EXPENSES $117,015

Year-over-Year Comparison

	2024	2023	Change
Revenue	$73,156	$49,689	+0.5%
Expenses	$117,015	$137,900	-0.2%
Net Income	$-43,859	$-88,211	-0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
RAUL JIMENEZ-SOTO	MEMBER	N/A	Director	$0	$0	$0
DR ANGEL M RODRIGUEZ	PRESIDENT	N/A	Officer Director	$0	$0	$0
KRISTEN DAUGHERTY	CEO	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	$73,156	$117,015	$158,362	$-43,859
2024	$49,689	$137,900	$148,971	$-88,211
2023	$53,156	$103,478	$148,967	$-50,322
2022	$50,591	$102,490	$157,751	$-51,899
2021	$51,689	$98,508	$233,305	$-46,819
2020	$46,649	$52,999	$229,842	$-6,350
2019	$62,916	$82,703	$234,341	$-19,787
2018	$83,632	$124,505	$276,649	$-40,873

SUNNYSIDE APARTMENTS INC FKA NEW VISTA INC