ANDOVER COMMUNITY TRUST (EIN 043159877) - 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

1992

Legal Domicile

Principal Officer

DENISE JOHNSON

Phone

9782769228

Tax Period

2024-01-01 to 2024-12-31

ANDOVER COMMUNITY TRUST, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $239K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $129K, a strong 54% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING IN ANDOVER

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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 $168,448

Program Service Revenue $62,718

Investment Income $708

Other Revenue $6,874

TOTAL REVENUE $238,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,053

Fundraising Expenses $0

Program Expenses $109,992

Other Expenses $53,939

TOTAL EXPENSES $109,992

Year-over-Year Comparison

	2024	2023	Change
Revenue	$238,748	$187,881	+0.3%
Expenses	$109,992	$85,913	+0.3%
Net Income	$128,756	$101,968	+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

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

$50,972

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
YAJHAYRA SANTANA	DIRECTOR	0.50	Director	$0	$0	$0
DENISE JOHNSON	EXECUTIVE DIR.	20.00	Director	$50,972	$0	$50,972
CATHY JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
KATE MARGOLESE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DARA OBBARD	DIRECTOR	0.50	Director	$0	$0	$0
SANDY SOUSA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ELLEN ARVIDSON	CLERK	0.50	Officer Director	$0	$0	$0
NORM RICE	DIRECTOR	1.00	Director	$0	$0	$0
BLAKE MARTIN	PRESIDENT	2.00	Officer Director	$0	$0	$0
PRISCILLA LORING	TREASURER	2.00	Officer Director	$0	$0	$0
BILL WEBBER	DIRECTOR	0.50	Director	$0	$0	$0
RISSY IBRAHAM	DIRECTOR	0.50	Director	$0	$0	$0
EMMANUEL MAURICIO	DIRECTOR	0.50	Director	$0	$0	$0
NAIYING WEIGAND	DIRECTOR	0.50	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	$238,748	$109,992	$1,707,759	$128,756
2023	$187,881	$85,913	$1,617,364	$101,968
2022	$-251,896	$73,940	$1,460,935	$-325,836
2021	$155,590	$65,831	$1,846,417	$89,759
2020	$121,563	$63,658	$1,758,112	$57,905
2019	$177,535	$62,227	$1,298,654	$115,308
2018	$314,207	$63,879	$1,165,539	$250,328

ANDOVER COMMUNITY TRUST