APEX TRANSITIONAL HOUSING (EIN 851008448) - 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

2020

Legal Domicile

Principal Officer

THERESA STEWART

Phone

8883894022

Tax Period

2023-01-01 to 2023-12-31

APEX TRANSITIONAL HOUSING, founded in 2020, is a community nonprofit in the Mental Health sector that reported $4.4M in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 27% operating margin.

Mission

APEX TRANSITIONAL HOUSING IS A 501(c) 3 ORGANIZATION BUILT TO PROVIDE LIFE REHABILITATION SERVICES RANGING FROM SUBSIDIZED HOUSING, SUBSTANCE ABUSE RECOVERY SUPPORT , HOLISTIC LIFE SKILL,AND EMPLOYMENT

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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 $4,425,661

Investment Income $206

Other Revenue $0

TOTAL REVENUE $4,425,867

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,705,078

Fundraising Expenses $0

Program Expenses $2,620,338

Other Expenses $1,522,110

TOTAL EXPENSES $3,227,188

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,425,867	$2,407,257	+0.8%
Expenses	$3,227,188	$1,773,300	+0.8%
Net Income	$1,198,679	$633,957	+0.9%

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

N/A

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

$895,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DERRICK EARL	EXECUTIVE DIRECTOR	50.00	Officer	$299,000	$0	$299,000
TERESA STEWART	PROGRAM DIRECTOR	50.00	Officer	$297,000	$0	$297,000
JAMICHAEL YOUNG	SR. DIRECTOR	50.00	Officer	$299,000	$0	$299,000

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
2023	$4,425,867	$3,227,188	$1,987,256	$1,198,679
2022	$2,407,257	$1,773,300	$781,265	$633,957

APEX TRANSITIONAL HOUSING