SOUTHEASTERN OHIO H E A R T INC (EIN 821659027) - 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

DAVE MERSHON

Phone

7407940562

Tax Period

2023-01-01 to 2023-12-31

SOUTHEASTERN OHIO H E A R T INC, founded in 2017, is a small nonprofit in the Housing & Shelter sector that reported $173K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $154K left a modest 11% surplus.

Mission

THE ORGANIZATION PROVIDES HOUSING FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.

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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 $71,842

Program Service Revenue $100,980

Investment Income $79

Other Revenue $0

TOTAL REVENUE $172,901

Expense Breakdown

Grants Paid $0

Salaries & Benefits $48,468

Fundraising Expenses $0

Program Expenses $151,922

Other Expenses $105,691

TOTAL EXPENSES $154,159

Year-over-Year Comparison

	2023	2022	Change
Revenue	$172,901	$253,801	-0.3%
Expenses	$154,159	$188,120	-0.2%
Net Income	$18,742	$65,681	-0.7%

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

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

$13,464

Total Directors

$24,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE MERSHON	PRESIDENT	015.00	Director Highest	$24,000	$0	$24,000
CHYNNA MERSHON	TREASURER	005.00	Officer	$13,464	$0	$13,464
TOM STANLEY	OFFICER	005.00	Officer	$0	$0	$0
BRENDA MERSHON	SECRETARY	005.00	Officer	$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	$172,901	$154,159	$1,677,746	$18,742
2022	$253,801	$188,120	$1,651,158	$65,681
2021	$125,816	$157,526	$1,585,477	$-31,710
2020	$126,627	$250,020	$1,617,187	$-123,393

SOUTHEASTERN OHIO H E A R T INC