GREAT FALLS ELDERLY HOUSING INC C/O ACCESSIBLE SPACE INC

EIN: 810533986 501(c)(3) Housing & Shelter

ST PAUL, MN

Total Revenue
$323,409
Total Expenses
$392,454
Total Assets
$2,255,395
Net Assets
$2,223,997
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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
2003
Legal Domicile
MT
Principal Officer
STEPHEN VANDER SCHAAF
Phone
6516457271
Tax Period
2023-07-01 to 2024-06-30

GREAT FALLS ELDERLY HOUSING INC C/O ACCESSIBLE SPACE INC, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $323K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $392K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE ACCESSIBLE HOUSING FOR ADULTS WITH DISABILITIES AND SENIORS. ALSO TO PROVIDE SUPPORTIVE CARE SERVICES FOR ADULTS WITH TRAUMATIC BRAIN INJURY AND MOBILITY IMPAIRMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $136,728
Program Service Revenue $186,069
Investment Income $612
Other Revenue $0
TOTAL REVENUE $323,409

Expense Breakdown

Grants Paid $0
Salaries & Benefits $62,906
Fundraising Expenses $0
Program Expenses $352,191
Other Expenses $329,548
TOTAL EXPENSES $392,454

Year-over-Year Comparison

2023 2022 Change
Revenue $323,409 $350,772 -0.1%
Expenses $392,454 $344,636 +0.1%
Net Income $-69,045 $6,136 -12.3%
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

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Governance

Voting Members
7
Independent Members
7
Employees
N/A
Volunteers
7

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
3
$921,085
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN VANDER SCHAAF PRESIDENT/TR 0.10
Officer
$0 $65,715 $576,902
KEN BERRY VICE PRESIDE 0.10
Officer
$0 $12,119 $210,943
DANIELLE HERRERA-MARKWALD SECRETARY 0.10
Officer
$0 $82 $133,240
JOHN W ADAMS DIRECTOR 0.10
Director
$0 $0 $0
VIRGINIA UPCHURCH CHASE DIRECTOR 0.10
Director
$0 $0 $0
MARK HAMEL DIRECTOR 0.10
Director
$0 $0 $0
ZACHARY JOHNSON DIRECTOR 0.10
Director
$0 $0 $0
KAY KNUTSON DIRECTOR 0.10
Director
$0 $0 $0
JENNIFER SAMAHA MSW DIRECTOR 0.10
Director
$0 $0 $0
STEVE WIGGINS DIRECTOR 0.10
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 No data No data No data No data
2024 $323,409 $392,454 $2,255,395 $-69,045
2023 $350,772 $344,636 $2,321,136 $6,136
2022 $355,754 $367,702 $2,335,565 $-11,948
2021 $380,561 $400,779 $2,416,989 $-20,218
2020 $308,954 $467,154 $2,574,642 $-158,200
2019 $299,669 $404,230 $2,567,415 $-104,561
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