Skyway Housing Foundation Inc (EIN 932867930) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2023

Legal Domicile

Principal Officer

Stephen Morris

Phone

6785155050

Tax Period

2024-01-01 to 2024-12-31

Skyway Housing Foundation Inc, founded in 2023, is a micro nonprofit in the Human Services sector that reported $83K in total revenue in fiscal year 2024. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $351K exceeded revenue, resulting in a 324% operating deficit.

Mission

The specific purposes for which the Corporation is organized are to (a) provide affordable housing for persons of low to moderate income and (b) lessen the burdens of government through affordable and workforce housing.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $82,745

Other Revenue $0

TOTAL REVENUE $82,745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $291,117

Fundraising Expenses $0

Program Expenses $22,689

Other Expenses $59,796

TOTAL EXPENSES $350,913

Year-over-Year Comparison

	2024	2023	Change
Revenue	$82,745	$2,500,116	-1.0%
Expenses	$350,913	$124,388	+1.8%
Net Income	$-268,168	$2,375,728	-1.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$270,000

Total Directors

$270,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Maurice David Feinberg Jr	Chair	1.00	Officer Director	$0	$0	$0
Stephen Morris	Executive Director	40.00	Officer Director	$150,000	$0	$150,000
Kurt Dunkle	Director	1.00	Director	$0	$0	$0
Elizabeth Feezor	Director	1.00	Director	$0	$0	$0
Deborah Blinderman	Director	1.00	Director	$0	$0	$0
Alexandra Feinberg	Director of Finance & Development	40.00	Officer Director	$120,000	$0	$120,000

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
2024	$82,745	$350,913	$2,119,069	$-268,168
2023	$2,500,116	$124,388	$2,365,624	$2,375,728

Skyway Housing Foundation Inc