EXCHANGE SUNSHINE HOME CORPORATION

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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

1993

Principal Officer

INEZ FAISON

Phone

2545426000

Tax Period

2023-01-01 to 2023-12-31

EXCHANGE SUNSHINE HOME CORPORATION, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $252K in total revenue in fiscal year 2023. Revenue decreased 20% compared to the prior year. Expenses of $325K exceeded revenue, resulting in a 29% operating deficit.

Mission

THE ORGANIZATION PROVIDES AFFORDABLE HOUSING TO QUALIFIED LOW INCOME ELDERLY AND DISABLED INDIVIDUALS.

Program Service Accomplishments

Program 1

Expenses: $296,907

THE ORGANIZATION PROVIDES AFFORDABLE HOUSING TO QUALIFIED LOW INCOME ELDERLY AND DISABLED INDIVIDUALS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $98,260

Program Service Revenue $152,647

Investment Income $1,436

Other Revenue $0

TOTAL REVENUE $252,343

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,032

Fundraising Expenses $0

Program Expenses $325,167

Other Expenses $193,135

TOTAL EXPENSES $325,167

Year-over-Year Comparison

	2023	2022	Change
Revenue	$252,343	$314,620	-0.2%
Expenses	$325,167	$374,614	-0.1%
Net Income	$-72,824	$-59,994	+0.2%

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

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
MIKE BLOUNT	VICE CHAIRMA	N/A	Officer Director	$0	$0	$0
PAUL INMAN	CHAIRMAN	N/A	Officer Director	$0	$0	$0
LISA KUBALA	TREASURER	N/A	Director	$0	$0	$0
DR JOE BURNS	TRUSTEE	N/A	Director	$0	$0	$0
TAMI MARTIN	SECRETARY	N/A	Officer Director	$0	$0	$0
MELODY SQUIRES	TRUSTEE	N/A	Director	$0	$0	$0
SHARON TABOR	TRUSTEE	N/A	Director	$0	$0	$0
RUTH INMAN	TRUSTEE	N/A	Director	$0	$0	$0
DENNIS WEBSTER	TRUSTEE	N/A	Director	$0	$0	$0
SANDRA WEBSTER	TRUSTEE	N/A	Director	$0	$0	$0
LORRAINE FRENCH	TRUSTEE	N/A	Director	$0	$0	$0
ROBERT MARTIN	TRUSTEE	N/A	Director	$0	$0	$0
INEZ FAISON	MANAGING AGE	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
2023	$252,343	$325,167	$636,012	$-72,824
2022	$314,620	$374,614	$682,188	$-59,994
2020	$229,767	$292,172	$751,571	$-62,405
2019	$238,251	$295,328	$783,343	$-57,077
2018	$234,324	$269,269	$832,002	$-34,945