GLIDE COMMUNITY HOUSING INC (EIN 943237618) - 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

1997

Legal Domicile

Principal Officer

MELVIN CARRIERE

Phone

4156746107

Tax Period

2023-01-01 to 2023-12-31

GLIDE COMMUNITY HOUSING INC, founded in 1997, is a community nonprofit in the Housing & Shelter sector that reported $1.7M in total revenue in fiscal year 2023. Net assets of $5.8M represent 40 months of operating reserves.

Mission

THE ORGANIZATION CONTINUES TO FULFILL ITS MISSION OF PROVIDING HOUSING FOR THE HOMELESS AND UNDERSERVED POPULATIONS. OUR SIGNIFICANT ACCOMPLISHMENTS THIS YEAR INCLUDE HIGH RESIDENT RETENTION RATE, HIGHLY RECOGNIZED ON-SITE SUPPORT SERVICES PROVIDED BY A TEAM OF CASE MANAGERS, NURSE/NURSE PRACTITIONER AND CLINICAL STAFF.

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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 $1,521,726

Program Service Revenue $180,170

Investment Income $27,053

Other Revenue $0

TOTAL REVENUE $1,728,949

Expense Breakdown

Grants Paid $0

Salaries & Benefits $604,432

Fundraising Expenses $0

Program Expenses $1,480,247

Other Expenses $1,078,229

TOTAL EXPENSES $1,682,661

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,728,949	$1,660,455	+0.0%
Expenses	$1,682,661	$1,476,006	+0.1%
Net Income	$46,288	$184,449	-0.7%

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
BRADFORD PAUL	SECRETARY/TREASURER	4.00	Officer Director	$0	$0	$0
MELVIN CARRIERE	PRESIDENT	4.00	Officer Director	$0	$0	$0
THOMAS S BECHARD	BOARD CHAIR	0.50	Officer Director	$0	$0	$0
DION L GRIFFIN	FORMER SECRETARY/TREASURER	4.00	Officer Director	$0	$0	$0
SEAN JEFFRIES	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
ANDREW C WOODARD	DIRECTOR	0.50	Director	$0	$0	$0
JERRY VALLERY	DIRECTOR	0.50	Director	$0	$0	$0
RONDEY HENMI	DIRECTOR	0.50	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	No data	No data	No data	No data
2023	$1,728,949	$1,682,661	$5,952,919	$46,288
2022	$1,660,455	$1,476,006	$5,785,872	$184,449
2021	$1,750,447	$1,453,260	$6,026,298	$297,187
2020	$1,773,784	$1,671,158	$6,463,971	$102,626
2019	$1,949,492	$1,538,088	$6,792,722	$411,404

GLIDE COMMUNITY HOUSING INC