BETHEL TOWERS INC (EIN 010888847) - 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

1970

Legal Domicile

Principal Officer

Bill Sisk

Phone

6785145900

Tax Period

2024-01-01 to 2024-12-31

BETHEL TOWERS INC, founded in 1970, is a micro nonprofit in the Housing & Shelter sector that reported $53K in total revenue in fiscal year 2024. Expenses of $64K exceeded revenue, resulting in a 20% operating deficit.

Mission

A non-profit organization formed to manage and operate the commercial units of the apartment community known as Big Bethel Towers Apartments located in Atlanta, Georgia.

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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 $21,567

Program Service Revenue $0

Investment Income $8,616

Other Revenue $22,792

TOTAL REVENUE $52,975

Expense Breakdown

Grants Paid $4,450

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,072

Other Expenses $59,190

TOTAL EXPENSES $63,640

Year-over-Year Comparison

	2024	2023	Change
Revenue	$52,975	$54,722	0.0%
Expenses	$63,640	$91,413	-0.3%
Net Income	$-10,665	$-36,691	-0.7%

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
Dr John Foster	Board Chair	002.00	Officer Director	$0	$0	$0
Charles W Moore	First Vice Chair	002.00	Officer Director	$0	$0	$0
Timothy Crim	Second Vice Chair	002.00	Officer Director	$0	$0	$0
Annette G Petty	Corporate Secretary	002.00	Officer Director	$0	$0	$0
Bettieanne Hart	Assist. Corporate Secretary	002.00	Officer Director	$0	$0	$0
Bill Sisk	Treasurer	002.00	Officer Director	$0	$0	$0
Shelley Webster	Director	002.00	Director	$0	$0	$0
Larry McCalop	Director	002.00	Director	$0	$0	$0
Alvin Francis	Director	002.00	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	$52,975	$63,640	$490,331	$-10,665
2023	$54,722	$79,112	$501,061	$-24,390
2023	$54,722	$91,413	$491,661	$-36,691
2022	$67,841	$56,473	$392,820	$11,368
2021	$108,891	$319,276	$391,856	$-210,385
2020	$147,554	$600,364	$701,527	$-452,810
2019	$311,646	$313,799	$1,235,679	$-2,153
2018	$3,344,949	$2,525,131	$2,763,899	$819,818

BETHEL TOWERS INC