SILVERCREST INC (EIN 770490711) - 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

1998

Legal Domicile

Principal Officer

TYRONE RODERICK WILLIAMS

Phone

5594438400

Tax Period

2023-01-01 to 2023-12-31

SILVERCREST INC, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $6.5M in total revenue in fiscal year 2023. Revenue surged 80% from the prior year, signaling strong growth momentum. Expenses of $13.5M exceeded revenue, resulting in a 108% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR LOW TO MODERATE INCOME FAMILIES.

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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 $1,613,837

Program Service Revenue $2,149,286

Investment Income $29,558

Other Revenue $2,686,111

TOTAL REVENUE $6,478,792

Expense Breakdown

Grants Paid $0

Salaries & Benefits $282,548

Fundraising Expenses $0

Program Expenses $12,343,869

Other Expenses $13,209,805

TOTAL EXPENSES $13,492,353

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,478,792	$3,591,846	+0.8%
Expenses	$13,492,353	$11,099,623	+0.2%
Net Income	$-7,013,561	$-7,507,777	-0.1%

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	Role	Reportable Comp	Other Comp	Total
ADRIAN JONES	CHAIR	Director	$0	$0	$0
VALORI GALLAHER	DIRECTOR	Director	$0	$0	$0
SHARON WILLIAMS	DIRECTOR	Director	$0	$0	$0
TYRONE RODERICK WILLIAMS	SECRETARY/DIRECTOR	Director	$0	$0	$0
CARY CATALANO	VICE CHAIR	Director	$0	$0	$0
MICHAEL DUARTE	TREASURER	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
2024	No data	No data	No data	No data
2023	$6,478,792	$13,492,353	$21,409,782	$-7,013,561
2022	$3,591,846	$11,099,623	$29,762,462	$-7,507,777
2021	$5,232,403	$5,867,740	$31,605,071	$-635,337
2020	$23,373,850	$840,746	$31,775,568	$22,533,104
2019	$693,786	$774,943	$9,600,368	$-81,157
2018	$951,362	$699,954	$6,910,626	$251,408

SILVERCREST INC