Satellite Senior Homes II Inc (EIN 942598866) - 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

1979

Legal Domicile

Principal Officer

RAULY BUTLER

Phone

5106470700

Tax Period

2023-10-01 to 2024-09-30

Satellite Senior Homes II Inc, founded in 1979, is a community nonprofit in the Housing & Shelter sector that reported $3.2M in total revenue in fiscal year 2023.

Mission

TO PROVIDE AFFORDABLE RENTAL HOUSING FOR LOW AND MODERATE-INCOME ELDERLY PERSONS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $2,479,178

Program Service Revenue $701,481

Investment Income $27,024

Other Revenue $0

TOTAL REVENUE $3,207,683

Expense Breakdown

Grants Paid $0

Salaries & Benefits $791,401

Fundraising Expenses $0

Program Expenses $2,976,847

Other Expenses $2,375,326

TOTAL EXPENSES $3,166,727

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,207,683	$2,996,133	+0.1%
Expenses	$3,166,727	$2,881,391	+0.1%
Net Income	$40,956	$114,742	-0.6%

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

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

$615,541

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN FRIEDLAND	CEO	0.10	Officer	$0	$32,916	$370,289
JOSE SANCHEZ	VP OF FINANCE	0.10	Officer	$0	$41,111	$245,252
RAULY BUTLER	CHAIRPERSON	0.10	Officer Director	$0	$0	$0
SMITHA SESHADRI	VICE CHAIR	0.10	Officer Director	$0	$0	$0
FRANCINE WILLIAMS	Secretary	0.10	Officer Director	$0	$0	$0
SCOTT SMITH	Treasurer	0.10	Officer Director	$0	$0	$0
ANTHONY BARRON	MEMBER	0.10	Director	$0	$0	$0
GREG CHIN	MEMBER	0.10	Director	$0	$0	$0
SAGE B FOSTER	MEMBER	0.10	Director	$0	$0	$0
DAVID GREENSFELDER	MEMBER	0.10	Director	$0	$0	$0
MIKE JACOB	MEMBER	0.10	Director	$0	$0	$0
KAREN JACOBS	MEMBER	0.10	Director	$0	$0	$0
JOY MOORE	MEMBER	0.10	Director	$0	$0	$0
JAMES REILLY	MEMBER	0.10	Director	$0	$0	$0
RON RIDLEY	MEMBER	0.10	Director	$0	$0	$0
JACEE SANTOS	MEMBER	0.10	Director	$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	$3,207,683	$3,166,727	$5,890,228	$40,956
2023	$2,996,133	$2,881,391	$6,126,033	$114,742
2022	$3,068,632	$2,681,488	$6,137,028	$387,144
2021	$2,580,729	$2,871,661	$5,875,861	$-290,932
2020	$2,547,344	$2,753,650	$6,329,407	$-206,306
2019	$2,536,780	$2,499,203	$6,714,971	$37,577
2018	$2,497,362	$2,577,579	$6,859,349	$-80,217

Satellite Senior Homes II Inc