Area Agency Properties Inc (EIN 020447830) - 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

1983

Legal Domicile

Principal Officer

Sandra Pelletier

Phone

6038826333

Tax Period

2024-07-01 to 2025-06-30

Area Agency Properties Inc, founded in 1983, is a small nonprofit that reported $492K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $630K exceeded revenue, resulting in a 28% operating deficit.

Mission

Provide residences for consumers with developmental disabilities.

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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 $11,171

Program Service Revenue $481,221

Investment Income $2

Other Revenue $0

TOTAL REVENUE $492,394

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $630,164

TOTAL EXPENSES $630,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$492,394	$531,727	-0.1%
Expenses	$630,164	$535,685	+0.2%
Net Income	$-137,770	$-3,958	+33.8%

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

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

$402,002

Total Directors

$402,002

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Peggy Gilmour	President	0.10	Officer Director	$0	$0	$0
Lisa Scheib	Vice President	0.10	Officer Director	$0	$0	$0
Edgar Carter	Treasurer	0.10	Officer Director	$0	$0	$0
Jim Moran	Secretary	0.10	Officer Director	$0	$0	$0
Sandra Pelletier	CEO/Director	0.30	Officer Director	$0	$69,494	$402,002

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	$492,394	$630,164	$3,223,337	$-137,770
2024	$531,727	$535,685	$2,329,861	$-3,958
2023	$593,581	$574,936	$2,377,156	$18,645
2022	$471,125	$500,722	$2,255,081	$-29,597
2021	$523,844	$509,927	$2,229,986	$13,917
2020	$419,024	$380,200	$2,115,066	$38,824
2019	$427,196	$380,426	$2,208,493	$46,770
2018	$447,581	$412,219	$2,305,541	$35,362

Area Agency Properties Inc