SOARING HEIGHTS COMMUNITIES INC (EIN 821445409) - 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

2017

Legal Domicile

Principal Officer

DARLENE E HOTCHKISS

Phone

7709227272

Tax Period

2023-01-01 to 2023-12-31

SOARING HEIGHTS COMMUNITIES INC, founded in 2017, is a community nonprofit in the Human Services sector that reported $3.1M in total revenue in fiscal year 2023. Revenue surged 753% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.1M, a strong 100% operating margin.

Mission

TO DEVELOP A CARING, INCLUSIVE AND SUPPORTIVE RESIDENTIAL COMMUNITY IN ROCKDALE COUNTY THAT CREATES A SENSE OF BELONGING FOR TWO DIVERSE AND VALUED SEGMENTS OF OUR POPULATION FOR WHOM HOUSING OPTIONS ARE CURRENTLY LIMITED.

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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 $2,963,696

Program Service Revenue $0

Investment Income $146,990

Other Revenue $0

TOTAL REVENUE $3,110,686

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,140

TOTAL EXPENSES $4,140

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,110,686	$364,685	+7.5%
Expenses	$4,140	$2,069	+1.0%
Net Income	$3,106,546	$362,616	+7.6%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARLENE E HOTCHKISS	PRESIDENT	N/A	Officer Director	$0	$0	$0
JOHN A NIX	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
LORRAINE F KELLEY	TREASURER	N/A	Officer Director	$0	$0	$0
GRETA BEECH	SECRETARY	N/A	Officer Director	$0	$0	$0
KATY BARKSDALE	DIRECTOR	N/A	Director	$0	$0	$0
MONICA COFFIN	DIRECTOR	N/A	Director	$0	$0	$0
COREY HAMBRICK	DIRECTOR	N/A	Director	$0	$0	$0
DOROTHY BELL	DIRECTOR	N/A	Director	$0	$0	$0
ASHLEY RUSTOM	DIRECTOR	N/A	Director	$0	$0	$0
CANDICE ABOLARIN	DIRECTOR	N/A	Director	$0	$0	$0
DERRICK GRISSOM	DIRECTOR	N/A	Director	$0	$0	$0
WADE WILLIAMS	DIRECTOR	N/A	Director	$0	$0	$0
HELEN JOHNSON	DIRECTOR	N/A	Director	$0	$0	$0
KEVIN SMITH	DIRECTOR	N/A	Director	$0	$0	$0
MIKE RANSOM	DIRECTOR	N/A	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	$3,110,686	$4,140	$7,144,117	$3,106,546
2022	$364,685	$2,069	$3,440,179	$362,616
2021	$1,253,866	$5,749	$3,076,389	$1,248,117
2020	$634,760	$2,118	$1,809,899	$632,642
2019	$87,089	$10,492	$1,174,046	$76,597
2018	$822,021	$5,936	$1,095,949	$816,085

SOARING HEIGHTS COMMUNITIES INC