VERNON STREET HOUSING INC (EIN 943192548) - 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

1993

Legal Domicile

Principal Officer

DAN SAWISLAK

Phone

5108414410

Tax Period

2024-07-01 to 2025-06-30

VERNON STREET HOUSING INC, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $189K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $314K exceeded revenue, resulting in a 66% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO DEVELOP AFFORDABLE HOUSING FOR DISABLED INDIVIDUALS.

🔒

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 $121,304

Program Service Revenue $68,669

Investment Income $-526

Other Revenue $0

TOTAL REVENUE $189,447

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,307

Fundraising Expenses $0

Program Expenses $298,459

Other Expenses $286,749

TOTAL EXPENSES $314,056

Year-over-Year Comparison

	2024	2023	Change
Revenue	$189,447	$170,072	+0.1%
Expenses	$314,056	$275,058	+0.1%
Net Income	$-124,609	$-104,986	+0.2%

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

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

$500,329

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET KENNEDY	PRESIDENT	0.10	Officer Director	$0	$0	$0
ARTISE HARDY	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
KATTYE GILES	SECRETARY	0.10	Officer Director	$0	$0	$0
PHIL PALMER	TREASURER	0.10	Officer Director	$0	$0	$0
DAVID TOM	DIRECTOR	0.10	Director	$0	$0	$0
WILLIE PHILLIPS	DIRECTOR	0.10	Director	$0	$0	$0
DAN SAWISLAK	CEO	0.10	Officer	$0	$41,217	$292,543
ERIC KNECHT	CFO	0.10	Officer	$0	$28,006	$207,786

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	$189,447	$314,056	$849,804	$-124,609
2024	$170,072	$275,058	$896,051	$-104,986
2023	$169,826	$265,537	$967,749	$-95,711
2022	$164,437	$266,692	$1,023,133	$-102,255
2021	$160,505	$238,577	$1,079,318	$-78,072
2020	$146,266	$246,986	$1,118,246	$-100,720
2019	$142,648	$216,739	$1,179,439	$-74,091
2018	$143,042	$200,145	$1,214,529	$-57,103

VERNON STREET HOUSING INC