SHIELDS HOUSING CORPORATION (EIN 954516191) - 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

KATHRYN ICENHOWER

Phone

3232425000

Tax Period

2024-01-01 to 2024-12-31

SHIELDS HOUSING CORPORATION, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2024. Expenses of $1.2M exceeded revenue, resulting in a 12% operating deficit.

Mission

SHIELDS HOUSING CORPORATION PROVIDES ADVOCACY AND ESTABLISHES HOUSING PROGRAMS TO MEET THE NEEDS OF HIGH-RISK FAMILIES IN UNDERSERVED AREAS WITH AN EMPHASIS ON SERVICES TO THE SOUTH-CENTRAL LOS ANGELES COMMUNITY

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $1,067,059

TOTAL REVENUE $1,067,059

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,196,013

Other Expenses $1,196,013

TOTAL EXPENSES $1,196,013

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,067,059	$1,019,736	+0.0%
Expenses	$1,196,013	$1,010,179	+0.2%
Net Income	$-128,954	$9,557	-14.5%

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

$340,160

Total Directors

$340,160

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHRYN ICENHOWER	VICE PRESIDENT/SECRETARY	2	Officer Director	$0	$0	$340,160
ALISON QUALS	DIRECTOR	2	Director	$0	$0	$0
CHARLENE SMITH	PRESIDENT	2	Director	$0	$0	$0
DR XYLINA BEAN	BOARD MEMBER	2	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	$1,067,059	$1,196,013	$5,597,670	$-128,954
2023	$1,019,736	$1,010,179	$5,818,858	$9,557
2022	$817,626	$2,881,402	$6,177,041	$-2,063,776
2021	$626,411	$1,097,681	$6,770,142	$-471,270
2020	$1,236,518	$1,464,276	$6,732,640	$-227,758

SHIELDS HOUSING CORPORATION