HARNEY SENIOR HOUSING INC (EIN 931313230) - 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

2002

Legal Domicile

Principal Officer

SAM CAIZZA

Phone

5415732218

Tax Period

2025-01-01 to 2025-12-31

HARNEY SENIOR HOUSING INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $113K in total revenue in fiscal year 2025. Expenses of $177K exceeded revenue, resulting in a 57% operating deficit.

Mission

TO PROVIDE AFFORDABLE INDEPENDENT LIVING FOR LOW-INCOME SENIORS THROUGH MANAGEMENT OF ASPEN GROVE APARTMENTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $112,303

Investment Income $15

Other Revenue $442

TOTAL REVENUE $112,760

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,986

Fundraising Expenses $0

Program Expenses $157,506

Other Expenses $158,061

TOTAL EXPENSES $177,047

Year-over-Year Comparison

	2025	2024	Change
Revenue	$112,760	$107,476	+0.0%
Expenses	$177,047	$146,906	+0.2%
Net Income	$-64,287	$-39,430	+0.6%

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
TIM COLAHAN	DIRECTOR	001.00	Director	$0	$0	$0
KELLY NOVAK	DIRECTOR	001.00	Director	$0	$0	$0
VACANT	DIRECTOR	001.00	Director	$0	$0	$0
VACANT	DIRECTOR	001.00	Director	$0	$0	$0
KATHY WASSOM	SECRETARY	002.00	Officer	$0	$0	$0
JESSICA RICHARDSON	VICE-PRESIDENT	001.00	Officer	$0	$0	$0
MIKE GREEN	PRESIDENT	002.00	Officer	$0	$0	$0
SAM CAIZZA	TREASURER	002.00	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
2025	$112,760	$177,047	$395,949	$-64,287
2024	$107,476	$146,906	$459,892	$-39,430
2023	$105,643	$171,559	$500,962	$-65,916
2022	$103,468	$172,659	$564,600	$-69,191
2021	$108,886	$161,686	$631,898	$-52,800
2020	$107,300	$152,807	$681,049	$-45,507

HARNEY SENIOR HOUSING INC