SAVANNAH COMMUNITY BUILDERS INC

EIN: 870689644 501(c)(3) Housing & Shelter

SAVANNAH, GA

Total Revenue
$1,083,006
Total Expenses
$1,600,264
Total Assets
$8,765,316
Net Assets
$8,380,048
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
GA
Principal Officer
DARREL DAISE
Phone
9122355800
Tax Period
2023-01-01 to 2023-12-31

SAVANNAH COMMUNITY BUILDERS INC, founded in 2002, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2023. Expenses of $1.6M exceeded revenue, resulting in a 48% operating deficit.

Mission

FOSTERING HOUSING OPPORTUNITIES FOR LOW INCOME FAMILIES, INCLUDING WITHOUT LIMITATION, OWNING, OPERATING, ACQUIRING, DEVELOPING PROPERTIES SERVING EXTREMELY LOW INCOME FAMILIES, VERY LOW INCOME FAMILIES AND LOW INCOME FAMILIES, USING ANY MODEL FOR DELIVERY OF THOSE HOUSING OPPORTUNITIES THAT THE CORPORATION SHALL SEE FIT. THE CORPORATION SHALL SPECIFICALLY HAVE THE ABILITY TO PROVIDE HOUSING FOR LOW INCOME FAMILIES IN MIXED INCOME COMMUNITIES THAT MAY INCLUDE UNITS AVAILABLE FOR MARKET RATE FAMILIES. THE CORPORATION MAY ALSO SATISFY THIS PURPOSE BY DEVELOPING HOUSING FOR MARKET RATE FAMILIES AND BY DEVELOPING COMMERCIAL AND RETAIL PROPERTIES THAT SUPPORT THE HOUSING (AND PROVIDE MUCH NEEDED QUALITY OF LIFE INFRASTRUCTURE TO MAKE THE NEIGHBORHOOD VITAL AND ATTRACTIVE) TO CREATE AN INCOME STREAM IN ORDER TO BE ABLE TO PROVIDE ADDITIONAL HOUSING FOR LOW INCOME FAMILIES.

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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 $818,397
Program Service Revenue $263,448
Investment Income $1,161
Other Revenue $0
TOTAL REVENUE $1,083,006

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,600,264
Other Expenses $1,600,264
TOTAL EXPENSES $1,600,264

Year-over-Year Comparison

2023 2022 Change
Revenue $1,083,006 N/A N/A
Expenses $1,600,264 N/A N/A
Net Income $-517,258 N/A N/A
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
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
4
$418,733
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT L FAIRCLOTH TREASURER N/A
Officer
$0 $23,762 $183,829
DARREL DAISE CHAIRMAN N/A
Officer Director
$0 $0 $0
EDWARD GRESHAM VICE CHAIR N/A
Officer Director
$0 $0 $0
EARLINE DAVIS SECRETARY N/A
Officer
$0 $14,731 $234,904
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 $1,083,006 $1,600,264 $8,765,316 $-517,258
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