538 TALBOT AVENUE INC C/O CODMAN SQUARE NDC (EIN 043298787) - 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

1995

Legal Domicile

Principal Officer

GAIL LATIMORE

Phone

6178254224

Tax Period

2023-10-01 to 2024-09-30

538 TALBOT AVENUE INC C/O CODMAN SQUARE NDC, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $200K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Expenses of $253K exceeded revenue, resulting in a 27% operating deficit.

Mission

TO PROVIDE ELDERLY INDIVIDUALS OF LOW INCOME WITH HOUSING FACILITIES AND SERVICES.

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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 $199,034

Investment Income $464

Other Revenue $280

TOTAL REVENUE $199,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $243,467

Other Expenses $253,092

TOTAL EXPENSES $253,092

Year-over-Year Comparison

	2023	2022	Change
Revenue	$199,778	$227,764	-0.1%
Expenses	$253,092	$230,168	+0.1%
Net Income	$-53,314	$-2,404	+21.2%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNETT MCCLANAHAN	TREASURER	1.00	Officer Director	$0	$0	$0
LINDA MONTEIRO	MEMBER	1.00	Director	$0	$0	$0
TANYA WESLEY-WHITE	MEMBER	1.00	Director	$0	$0	$0
LEROY GIBSON	CO-CHAIR	1.00	Officer Director	$0	$0	$0
TRINA RUFFIN	MEMBER	1.00	Director	$0	$0	$0
WHITNEY DEMETRIUS	MEMBER	1.00	Director	$0	$0	$0
KEVIN BENJAMIN	MEMBER	1.00	Director	$0	$0	$0
LAQUISA BURKE	SECRETARY	1.00	Officer Director	$0	$0	$0
LATISHIA CROSBY-MUTURI	CO-CHAIR	1.00	Officer Director	$0	$0	$0
CARLA RICHARDS	MEMBER	1.00	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	$199,778	$253,092	$752,582	$-53,314
2023	$227,764	$230,168	$764,866	$-2,404
2022	$170,042	$216,656	$774,588	$-46,614
2021	$168,719	$206,504	$817,254	$-37,785
2020	$169,373	$209,193	$845,864	$-39,820
2019	$162,464	$210,045	$872,957	$-47,581
2018	$157,669	$186,351	$899,529	$-28,682

538 TALBOT AVENUE INC C/O CODMAN SQUARE NDC