COLONY RETIREMENT HOMES IV INC (EIN 042668678) - 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

1979

Legal Domicile

Principal Officer

MICHAEL MILLS

Phone

5088532211

Tax Period

2023-01-01 to 2023-12-31

COLONY RETIREMENT HOMES IV INC, founded in 1979, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023.

Mission

DEDICATED TO PROVIDING AFFORDABLE HOUSING FOR SENIORS OF LOW AND MODERATE INCOME.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $121,237

Program Service Revenue $1,469,513

Investment Income $-1,231

Other Revenue $12,857

TOTAL REVENUE $1,602,376

Expense Breakdown

Grants Paid $0

Salaries & Benefits $391,627

Fundraising Expenses $0

Program Expenses $1,166,288

Other Expenses $1,167,679

TOTAL EXPENSES $1,559,306

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,602,376	$1,572,074	+0.0%
Expenses	$1,559,306	$1,441,320	+0.1%
Net Income	$43,070	$130,754	-0.7%

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

$294,527

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MILLS	PRESIDENT	0.25	Officer Director	$0	$0	$0
JANE WANGARI	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
BRAD CAMPBELL	TREASURER	0.25	Officer Director	$0	$0	$0
REVEREND MARGARET GIFFORD	MEMBER	0.25	Director	$0	$0	$0
ANDIE BYRD	MEMBER	0.25	Director	$0	$0	$0
CONSTANCE NICHOLS	MEMBER	0.25	Director	$0	$0	$0
DIANNE MANN	MEMBER	0.25	Director	$0	$0	$0
CHRIS EVANS	MEMBER	0.25	Director	$0	$0	$0
BOB WOODLAND	MEMBER	0.25	Director	$0	$0	$0
REVEREND JANE WILLAN	MEMBER	0.25	Director	$0	$0	$0
NINA DOW	MEMBER	0.25	Director	$0	$0	$0
MARIANNE DELOREY	EXECUTIVE DIRECTOR	10.00	Officer	$0	$22,475	$173,094
HUA XU	CONTROLLER	9.38	Officer	$0	$15,164	$121,433
TIMOTHY O'BRIEN	SITE SUPERINTENDENT	10.00	Highest	$0	$20,094	$122,584

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	No data	No data	No data	No data
2023	$1,602,376	$1,559,306	$3,415,293	$43,070
2022	$1,572,074	$1,441,320	$3,481,218	$130,754
2021	$1,281,797	$1,350,670	$3,517,203	$-68,873
2020	$1,237,995	$1,554,779	$3,785,463	$-316,784
2019	$1,183,223	$1,407,352	$4,154,297	$-224,129
2018	$1,174,299	$1,291,776	$4,261,107	$-117,477

COLONY RETIREMENT HOMES IV INC