FOURTH STREET SENIOR CITIZEN HOUSING CORPORATION (EIN 954527348) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

DOUGLAS J COPE

Phone

3104756083

Tax Period

2024-07-01 to 2025-06-30

FOURTH STREET SENIOR CITIZEN HOUSING CORPORATION, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $731K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.1M exceeded revenue, resulting in a 47% operating deficit.

Mission

FOURTH STREET SENIOR CITIZEN HOUSING CORPORATION, A CALIFORNIA NONPROFIT CORPORATION, WAS FORMED TO OWN A 66-UNIT RENTAL HOUSING PROJECT FOR THE VERY LOW INCOME ELDERLY LOCATED IN SANTA MONICA, CALIFORNIA. THE OPERATIONS OF THE PROJECT BEGAN DECEMBER 2001. THE CORPORATION IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT. THE CORPORATION HAS EXECUTED A REGULATORY AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, WHICH GOVERNS THE OPERATION OF THE PROJECT WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $420,549

Program Service Revenue $293,928

Investment Income $9,563

Other Revenue $6,559

TOTAL REVENUE $730,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $901,549

Other Expenses $1,074,346

TOTAL EXPENSES $1,074,346

Year-over-Year Comparison

	2024	2023	Change
Revenue	$730,599	$672,279	+0.1%
Expenses	$1,074,346	$965,744	+0.1%
Net Income	$-343,747	$-293,465	+0.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$342,137

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH WEISER	CHAIR	0.10	Officer Director	$0	$0	$0
DAVID GOLDMAN	TREASURER	0.10	Officer Director	$0	$0	$0
ELISA PASTER	SECRETARY	0.10	Officer Director	$0	$0	$0
RICHARD ROMANOFF	BOARD MEMBER	0.10	Director	$0	$0	$0
DOREEN KLEE	BOARD MEMBER	0.10	Director	$0	$0	$0
JON PYNOOS	BOARD MEMBER	0.10	Director	$0	$0	$0
JODI COHN	BOARD MEMBER	0.10	Director	$0	$0	$0
DOUGLAS COPE	PRESIDENT	2.00	Officer	$0	$7,646	$342,137
ANGEL JARAMILLO	CONTROLLER	2.00	Highest	$0	$18,982	$215,182
JUSTIN DEIMEL	FACILITIES DIRECTOR	2.00	Highest	$0	$23,369	$189,155
DAWN BEEBE	DIRECTOR OF OPERATIONS	2.00	Highest	$0	$23,488	$182,774

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	$730,599	$1,074,346	$5,769,179	$-343,747
2024	$672,279	$965,744	$5,971,442	$-293,465
2023	$636,256	$944,651	$6,129,233	$-308,395
2022	$606,002	$949,979	$6,289,535	$-343,977
2021	$590,792	$924,261	$6,479,174	$-333,469
2020	$576,443	$924,373	$6,680,852	$-347,930
2019	$569,216	$852,891	$6,879,591	$-283,675

FOURTH STREET SENIOR CITIZEN HOUSING CORPORATION