QUINCY POINT CONGREGATIONAL CHURCH HOMES INC (EIN 042393288) - 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

1963

Legal Domicile

Principal Officer

SARA MORRISON

Phone

6174711000

Tax Period

2023-07-01 to 2024-06-30

QUINCY POINT CONGREGATIONAL CHURCH HOMES INC, founded in 1963, is a community nonprofit that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 72% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 67% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY AND HANDICAPPED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,955,141

Other Revenue $1,034,753

TOTAL REVENUE $2,989,894

Expense Breakdown

Grants Paid $726,266

Salaries & Benefits $135,828

Fundraising Expenses $0

Program Expenses $831,102

Other Expenses $111,318

TOTAL EXPENSES $973,412

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,989,894	$1,739,818	+0.7%
Expenses	$973,412	$1,231,669	-0.2%
Net Income	$2,016,482	$508,149	+3.0%

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
RICHARD GRANDE	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHAD GRAYBILL	TRUSTEE	1.00	Director	$0	$0	$0
PAUL BAHARIAN	CLERK	1.00	Director	$0	$0	$0
MICHAEL MCFARLAND	TREASURER	1.00	Officer Director	$0	$0	$0
IRA DEITSCH	TRUSTEE	1.00	Director	$0	$0	$0
JULIE PINKHAM	TRUSTEE	1.00	Director	$0	$0	$0
SARA MORRISON	EXECUTIVE DIRECTOR	40.00	Highest	$0	$46,815	$325,659

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	$2,989,894	$973,412	$93,396,950	$2,016,482
2023	$1,739,818	$1,231,669	$88,945,434	$508,149
2022	$2,648,648	$629,980	$84,837,992	$2,018,668
2021	$3,401,852	$3,188,750	$91,051,242	$213,102
2020	$1,337,954	$681,982	$80,147,886	$655,972
2019	$2,771,292	$2,262,930	$80,748,820	$508,362

QUINCY POINT CONGREGATIONAL CHURCH HOMES INC