SOMMERSET NEIGHBORHOOD INC (EIN 810684291) - 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

2016

Legal Domicile

Principal Officer

JESSICA GUILLORY

Phone

4056919221

Tax Period

2023-04-01 to 2024-03-31

SOMMERSET NEIGHBORHOOD INC, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $5.7M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $6.4M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO ENHANCE THE WELL-BEING FOR OUR RESIDENTS THROUGH QUALITY CARE AND SERVICES.

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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 $0

Program Service Revenue $5,647,789

Investment Income $50,132

Other Revenue $1,799

TOTAL REVENUE $5,699,720

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,173,581

Fundraising Expenses $0

Program Expenses $5,826,909

Other Expenses $3,212,161

TOTAL EXPENSES $6,385,742

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,699,720	$5,156,996	+0.1%
Expenses	$6,385,742	$6,341,655	+0.0%
Net Income	$-686,022	$-1,184,659	-0.4%

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

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

$1,538,020

Total Directors

$1,417,121

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
E DEANN EATON	CEO/VP/SECRETARY	0.00	Officer Director	$0	$40,053	$1,183,927
ANGIE JULIAN	CFO/TREASURER	0.00	Officer Director	$0	$20,642	$233,194
JESSICA GUILLORY	EXECUTIVE DIRECTOR	40.00	Officer	$99,762	$21,137	$120,899
MARIE TRIGG	BOARD CHAIR	1.00	Officer 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	$2,915,147	$3,025,543	$12,882,224	$-110,396
2024	$5,699,720	$6,385,742	$12,628,235	$-686,022
2023	$5,156,996	$6,341,655	$13,075,914	$-1,184,659
2022	$4,175,713	$5,471,320	$13,657,855	$-1,295,607
2021	$4,904,206	$5,272,595	$14,192,377	$-368,389
2020	$4,981,370	$5,284,819	$14,819,846	$-303,449
2019	$5,074,407	$5,110,856	$15,438,716	$-36,449

SOMMERSET NEIGHBORHOOD INC