EVERGREEN ANNEX INC (EIN 943217918) - 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

1995

Legal Domicile

Principal Officer

BISHOP LAWRENCE BRANDON

Phone

9259247100

Tax Period

2023-09-01 to 2024-08-31

EVERGREEN ANNEX INC, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $542K in total revenue in fiscal year 2023. Expenses of $795K exceeded revenue, resulting in a 47% operating deficit.

Mission

PROVIDES HOUSING TO LOW INCOME ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

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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 (2023)

Revenue Breakdown

Contributions & Grants $340,338

Program Service Revenue $194,121

Investment Income $7,851

Other Revenue $80

TOTAL REVENUE $542,390

Expense Breakdown

Grants Paid $0

Salaries & Benefits $81,349

Fundraising Expenses $0

Program Expenses $746,194

Other Expenses $713,917

TOTAL EXPENSES $795,266

Year-over-Year Comparison

	2023	2022	Change
Revenue	$542,390	$517,319	+0.0%
Expenses	$795,266	$693,719	+0.1%
Net Income	$-252,876	$-176,400	+0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EMMA BURKS	DIRECTOR	1.00	Director	$0	$0	$0
BISHOP LAWRENCE	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARILYN MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
LYDIA TAYLOR	SECRETARY	1.00	Officer 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	$542,390	$795,266	$2,977,410	$-252,876
2023	$517,319	$693,719	$3,062,879	$-176,400
2022	$503,466	$682,815	$3,203,143	$-179,349
2021	$491,939	$664,475	$3,329,981	$-172,536
2020	$480,432	$759,500	$3,586,218	$-279,068
2019	$678,351	$622,384	$3,661,695	$55,967

EVERGREEN ANNEX INC