SIMPSON REAL ESTATE HOLDING COMPANY (EIN 991434007) - 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

2023

Legal Domicile

Principal Officer

STEVE HORSFIELD

Phone

6128748683

Tax Period

2024-07-01 to 2025-06-30

SIMPSON REAL ESTATE HOLDING COMPANY, founded in 2023, is a micro nonprofit in the Human Services sector that reported $93K in total revenue in fiscal year 2024. Revenue surged 354% from the prior year, signaling strong growth momentum. Expenses of $840K exceeded revenue, resulting in a 805% operating deficit.

Mission

SIMPSON REAL ESTATE HOLDING COMPANY WAS CREATED BY SIMPSON HOUSING SERVICES TO FINANCE THE CONSTRUCTION OF THE NEW SHELTER. THE MISSION STATEMENT FOR SIMPSON HOUSING SERVICES IS TO HOUSE, SUPPORT, & ADVOCATE FOR PEOPLE EXPERIENCING HOMELESSNESS. WE KNOW THAT WITH CLOSE, INDIVIDUAL ADVOCACY & SUPPORT INDIVIDUALS & FAMILIES EXPERIENCING HOMELESSNESS ACHIEVE HOUSING STABILITY.

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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 $92,802

Other Revenue $0

TOTAL REVENUE $92,802

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $798,418

Other Expenses $840,295

TOTAL EXPENSES $840,295

Year-over-Year Comparison

	2024	2023	Change
Revenue	$92,802	$20,453	+3.5%
Expenses	$840,295	$44,989	+17.7%
Net Income	$-747,493	$-24,536	+29.5%

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

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

$321,478

Total Directors

$176,190

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE HORSFIELD	BOARD CHAIR/PRESIDENT	2.00	Officer Director	$0	$14,522	$176,190
MARK HAMEL	BOARD SECRETARY	2.00	Officer Director	$0	$0	$0
FRANK FALLON	BOARD VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN NOLAN	VICE PRESIDENT	2.00	Officer	$0	$0	$0
DEB WARD	TREASURER	2.00	Officer	$0	$0	$0
WENDY WIEGMANN	VICE PRESIDENT	2.00	Officer	$0	$13,693	$145,288

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	$92,802	$840,295	$25,851,916	$-747,493
2024	$20,453	$44,989	$25,448,148	$-24,536

SIMPSON REAL ESTATE HOLDING COMPANY