RESIDENTIAL OPTIONS INC (EIN 042867643) - 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

1985

Legal Domicile

Principal Officer

CYNTHIA PARK

Phone

9787624878

Tax Period

2024-07-01 to 2025-06-30

RESIDENTIAL OPTIONS INC, founded in 1985, is a micro nonprofit that reported $90K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $119K exceeded revenue, resulting in a 32% operating deficit.

Mission

HOLD REAL ESTATE FOR NORTHEAST ARC, AN AFFILIATED 501(C)(3) ORGANIZATION.

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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 $90,201

Investment Income $55

Other Revenue $0

TOTAL REVENUE $90,256

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $113,841

Other Expenses $119,095

TOTAL EXPENSES $119,095

Year-over-Year Comparison

	2024	2023	Change
Revenue	$90,256	$73,850	+0.2%
Expenses	$119,095	$117,036	+0.0%
Net Income	$-28,839	$-43,186	-0.3%

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

$1,050,649

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE CUMMINGS	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE HARRINGTON	DIRECTOR (UNTIL 5/25)	1.00	Director	$0	$0	$0
SHARI MUNRO	DIRECTOR	1.00	Director	$0	$0	$0
JO ANN SIMONS	PRESIDENT/DIRECTOR	1.00	Officer	$0	$213,914	$622,520
JOANNE PLOURDE	TREASURER/DIRECTOR (UNTIL 10/2024)	1.00	Officer	$0	$11,866	$169,532
CYNTHIA PARK	CLERK/DIRECTOR	1.00	Officer	$0	$35,691	$258,597

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	$90,256	$119,095	$449,702	$-28,839
2024	$73,850	$117,036	$413,978	$-43,186
2023	$71,419	$93,985	$432,448	$-22,566
2022	$65,728	$95,062	$433,410	$-29,334
2021	$63,948	$89,598	$467,823	$-25,650
2020	$64,275	$98,488	$489,863	$-34,213
2019	$107,267	$138,481	$505,635	$-31,214
2018	$105,454	$114,559	$519,518	$-9,105

RESIDENTIAL OPTIONS INC