SILVER LAKE NEW HOPE COURTYARD APARTMENTS (EIN 954479135) - 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

1994

Legal Domicile

Principal Officer

DAVID NAHAS

Phone

8185468929

Tax Period

2024-07-01 to 2025-06-30

SILVER LAKE NEW HOPE COURTYARD APARTMENTS, founded in 1994, is a small nonprofit that reported $215K in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $270K exceeded revenue, resulting in a 25% operating deficit.

Mission

SILVER LAKE NEW HOPE COURTYARD APARTMENTS IS A NOT-FOR-PROFIT CORPORATION. SEE PART III, LINE I

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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 (2024)

Revenue Breakdown

Contributions & Grants $129,478

Program Service Revenue $85,813

Investment Income $110

Other Revenue $0

TOTAL REVENUE $215,401

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $233,864

Other Expenses $270,175

TOTAL EXPENSES $270,175

Year-over-Year Comparison

	2024	2023	Change
Revenue	$215,401	$270,775	-0.2%
Expenses	$270,175	$282,285	0.0%
Net Income	$-54,774	$-11,510	+3.8%

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

N/A

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
DAVID NAHAS	PRESIDENT	0.30	Officer Director	$0	$0	$0
THOMAS SPRATT	TREASURER	0.30	Officer Director	$0	$0	$0
MARGARET WILLIS	SECRETARY	0.30	Officer Director	$0	$0	$0
BRIGITTE TWEDDELL	BOARD MEMBER	0.30	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
2025	$215,401	$270,175	$750,237	$-54,774
2024	$270,775	$282,285	$806,655	$-11,510
2023	$205,371	$273,653	$880,970	$-68,282
2022	$203,620	$245,034	$933,561	$-41,414
2021	$205,444	$202,289	$976,079	$3,155
2020	$205,657	$250,729	$990,186	$-45,072
2019	$209,676	$285,537	$1,021,291	$-75,861
2018	$209,823	$217,829	$1,112,120	$-8,006

SILVER LAKE NEW HOPE COURTYARD APARTMENTS