RISING DOVE SENIOR APARTMENTS INC (EIN 050546901) - 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

2002

Legal Domicile

Phone

9733450808

Tax Period

2024-01-01 to 2024-12-31

RISING DOVE SENIOR APARTMENTS INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $692K in total revenue in fiscal year 2024. Expenses of $979K exceeded revenue, resulting in a 41% operating deficit.

Mission

PROVIDE HOUSING FOR THE ELDERLY AND/OR VERY LOW INCOME INDIVIDUALS

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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 $682,561

Investment Income $184

Other Revenue $9,237

TOTAL REVENUE $691,982

Expense Breakdown

Grants Paid $0

Salaries & Benefits $288,732

Fundraising Expenses $0

Program Expenses $836,155

Other Expenses $689,918

TOTAL EXPENSES $978,650

Year-over-Year Comparison

	2024	2023	Change
Revenue	$691,982	$672,179	+0.0%
Expenses	$978,650	$891,291	+0.1%
Net Income	$-286,668	$-219,112	+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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV SEAN C EVANS	PRESIDENT	0.20	Officer Director	$0	$0	$0
MARION THOMPSON	BOARD MEMBER	0.10	Director	$0	$0	$0
SHEILA JAMES	CHAIR	0.10	Officer Director	$0	$0	$0
LAVONNE JONES	SECRETARY VICE CHAIR	0.10	Officer Director	$0	$0	$0
SUSAN BROWN	TREASURER	0.20	Officer Director	$0	$0	$0
DAVID HOLDER	BOARD MEMBER	0.10	Director	$0	$0	$0
EVERETT THOMPSON	BOARD MEMBER	0.10	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	$691,982	$978,650	$4,287,414	$-286,668
2023	$672,179	$891,291	$4,500,450	$-219,112
2022	$653,789	$772,801	$4,709,589	$-119,012
2021	$649,667	$777,696	$4,821,055	$-128,029
2020	$600,770	$771,568	$4,952,878	$-170,798
2019	$581,668	$703,356	$5,125,482	$-121,688
2018	$599,808	$776,433	$5,277,951	$-176,625

RISING DOVE SENIOR APARTMENTS INC