BAYSIDE ELDERLY HOUSING CORPORATION (EIN 943029161) - 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

1986

Legal Domicile

Principal Officer

CINDY LOUIE

Phone

4159841450

Tax Period

2022-01-01 to 2022-12-31

BAYSIDE ELDERLY HOUSING CORPORATION, founded in 1986, is a small nonprofit that reported $279K in total revenue in fiscal year 2022. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $257K left a modest 8% surplus.

Mission

LOW INCOME HOUSING FOR ELDERLY

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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 (2022)

Revenue Breakdown

Contributions & Grants $234,384

Program Service Revenue $43,818

Investment Income $308

Other Revenue $0

TOTAL REVENUE $278,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $50,784

Fundraising Expenses $0

Program Expenses $242,056

Other Expenses $205,790

TOTAL EXPENSES $256,574

Year-over-Year Comparison

	2022	2021	Change
Revenue	$278,510	$801,516	-0.7%
Expenses	$256,574	$872,971	-0.7%
Net Income	$21,936	$-71,455	-1.3%

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

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

$437,148

Total Directors

$437,148

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES NGUYEN	TREASURER	0.10	Officer Director	$0	$0	$0
CINDY LOUIE	PRESIDENT	0.10	Officer Director	$0	$20,849	$212,359
WENDELL LIN	DIRECTOR	0.10	Director	$0	$0	$0
JIM FAGLER	DIRECTOR	0.10	Director	$0	$0	$0
WHITNEY JONES	SECRETARY	0.10	Officer Director	$0	$23,688	$224,789

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
2022	$278,510	$256,574	$3,634,436	$21,936
2021	$801,516	$872,971	$3,604,562	$-71,455
2020	$992,100	$1,073,342	$3,400,243	$-81,242
2019	$968,887	$1,079,176	$3,001,690	$-110,289
2018	$954,370	$1,089,761	$2,600,329	$-135,391

BAYSIDE ELDERLY HOUSING CORPORATION