SILVERADO CREEK HOUSING INC (EIN 943376086) - 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

2000

Legal Domicile

Principal Officer

KATHLEEN DREESSEN

Phone

4159891111

Tax Period

2020-01-01 to 2020-12-31

SILVERADO CREEK HOUSING INC, founded in 2000, is a micro nonprofit in the Housing & Shelter sector that reported $49K in total revenue in fiscal year 2020. Revenue decreased 11% compared to the prior year. Expenses of $298K exceeded revenue, resulting in a 509% operating deficit.

Mission

MISSION: THIS ORGANIZATION SUPPORTS BRIDGE HOUSING CORPORATION (BRIDGE). BRIDGE STRENGTHENS COMMUNITIES BY DEVELOPING, OWNING AND MANAGING HIGH-QUALITY, AFFORDABLE HOMES FOR WORKING FAMILIES AND SENIORS.VISION:* BRIDGE STRENGTHENS COMMUNITIES AND CREATES OPPORTUNITIES FOR WORKING FAMILIES AND SENIORS, BEGINNING BUT NOT ENDING WITH HOUSING.* BRIDGE IS A LEADER AND INNOVATOR IN THE MISSION-DRIVEN BUSINESS OF EFFECTIVE PRODUCTION, OPERATION AND OWNERSHIP OF AFFORDABLE AND MIXED-INCOME HOUSING.* BRIDGE EARNS THE HIGHEST DEGREE OF CUSTOMER SATISFACTION FROM ALL STAKEHOLDERS, INCLUDING RESIDENTS, NEIGHBORS, INVESTORS, TAXPAYERS, PRIVATE- AND PUBLIC-SECTOR PARTNERS, AND EMPLOYEES.* BRIDGE IS THE GO-TO DEVELOPER AND OWNER FOR PUBLIC OFFICIALS, INVESTORS AND COMMUNITIES SEEKING AN ARRAY OF HOUSING SOLUTIONS, AND IT DELIVERS RESULTS.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $48,866

Investment Income $0

Other Revenue $0

TOTAL REVENUE $48,866

Expense Breakdown

Grants Paid $35,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $296,141

Other Expenses $262,541

TOTAL EXPENSES $297,791

Year-over-Year Comparison

	2020	2019	Change
Revenue	$48,866	$55,178	-0.1%
Expenses	$297,791	$311,027	0.0%
Net Income	$-248,925	$-255,849	0.0%

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

$496,656

Total Directors

$752,657

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE FLEMING	DIRECTOR	1.00	Director	$0	$53,505	$256,001
KATHLEEN DREESSEN	PRESIDENT	0.10	Officer Director	$0	$0	$0
ROBYN SISEMORE	CFO	0.10	Officer Director	$0	$0	$0
SUSAN JOHNSON	SECRETARY	1.00	Officer Director	$0	$83,938	$496,656

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
2020	$48,866	$297,791	$123,229	$-248,925
2019	$55,178	$311,027	$131,246	$-255,849
2018	$54,320	$315,153	$132,073	$-260,833

SILVERADO CREEK HOUSING INC