SARASOTA HOUSING FUNDING CORP (EIN 800418699) - Form 990 Financial Analysis & Trantor Score

🔒

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

2009

Legal Domicile

Principal Officer

WILLIAM RUSSELL

Phone

9413616210

Tax Period

2023-04-01 to 2024-03-31

SARASOTA HOUSING FUNDING CORP, founded in 2009, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.0M left a modest 8% surplus.

Mission

TO PROVIDE SERVICES AND AFFORDABLE HOUSING TO FAMILIES IN THE COMMUNITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $109,062

Program Service Revenue $930,191

Investment Income $3,201

Other Revenue $75,849

TOTAL REVENUE $1,118,303

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $890,851

Other Expenses $1,034,239

TOTAL EXPENSES $1,034,239

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,118,303	$1,036,009	+0.1%
Expenses	$1,034,239	$1,197,790	-0.1%
Net Income	$84,064	$-161,781	-1.5%

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

$200,571

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN COLON	DIRECTOR	1.00	Director	$0	$0	$0
JACK MEREDITH	CHAIRMAN	1.00	Officer Director	$0	$0	$0
G DUANE FINGER	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH SARGENT	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN MASON	DIRECTOR	1.00	Director	$0	$0	$0
ERNESTINE TAYLOR	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MARK VENGROFF	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM RUSSELL	EXECUTIVE DIRECTOR	1.00	Officer	$0	$0	$200,571

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	No data	No data	No data	No data
2024	$1,118,303	$1,034,239	$11,568,046	$84,064
2023	$1,036,009	$1,197,790	$11,752,834	$-161,781
2022	$1,171,659	$914,872	$12,117,412	$256,787
2021	$966,591	$870,715	$11,935,168	$95,876
2020	$855,896	$861,693	$11,953,291	$-5,797
2019	$856,457	$963,619	$12,143,405	$-107,162

SARASOTA HOUSING FUNDING CORP