SUMMERFIELD SENIOR RESIDENCES INC (EIN 742817841) - 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

1997

Legal Domicile

Principal Officer

ANGELA MENDOZA

Phone

3169424848

Tax Period

2024-06-01 to 2025-05-31

SUMMERFIELD SENIOR RESIDENCES INC, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $268K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $343K exceeded revenue, resulting in a 28% operating deficit.

Mission

MAINTENANCE AND OPERATIONS OF LOW-INCOME HOUSING PROJECTS FOR LOW-INCOME ELDERLY INDIVIDUALS THROUGH H.U.D. PROGRAMS

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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 $116,058

Program Service Revenue $147,564

Investment Income $551

Other Revenue $4,287

TOTAL REVENUE $268,460

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $235,906

Other Expenses $342,810

TOTAL EXPENSES $342,810

Year-over-Year Comparison

	2024	2023	Change
Revenue	$268,460	$247,610	+0.1%
Expenses	$342,810	$270,123	+0.3%
Net Income	$-74,350	$-22,513	+2.3%

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

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

$143,859

Total Directors

$143,859

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BYRON ADRIAN	PRESIDENT	1.00	Officer Director	$0	$2,712	$138,296
ANGELA MENDOZA	PRESIDENT	1.00	Officer Director	$0	$109	$5,563
CHUCK GRABER	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
DEBBIE HOLMES	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
NATE JIWANLAL	SECRETARY	1.00	Officer Director	$0	$0	$0
LANE KVASNICKA	TREASURER	1.00	Officer Director	$0	$0	$0
JEANETTE STUCKY	SECRETARY & TREASURER	1.00	Officer Director	$0	$0	$0
STEVE HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MAYTA	DIRECTOR	1.00	Director	$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	$268,460	$342,810	$520,613	$-74,350
2024	$247,610	$270,123	$592,988	$-22,513
2023	$230,286	$292,361	$625,126	$-62,075
2022	$217,955	$279,247	$691,873	$-61,292
2021	$203,677	$265,277	$753,214	$-61,600
2020	$198,227	$260,737	$819,883	$-62,510
2019	$178,187	$262,449	$890,254	$-84,262

SUMMERFIELD SENIOR RESIDENCES INC