GRANBY HOMES FOR SENIOR CITIZENS INC (EIN 060886800) - 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

1972

Legal Domicile

Principal Officer

DAVE ROBERTS

Phone

8606539233

Tax Period

2023-01-01 to 2023-12-31

GRANBY HOMES FOR SENIOR CITIZENS INC, founded in 1972, is a small nonprofit that reported $573K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $110K, a strong 19% operating margin.

Mission

PROVIDE LOW INCOME HOUSING OPERATION OF 49 HOUSING UNITS FOR LOW INCOME, ELDERLY, AND DISABLED

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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 $97,012

Program Service Revenue $476,403

Investment Income $76

Other Revenue $0

TOTAL REVENUE $573,491

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $393,474

Other Expenses $463,687

TOTAL EXPENSES $463,687

Year-over-Year Comparison

	2023	2022	Change
Revenue	$573,491	$515,920	+0.1%
Expenses	$463,687	$534,049	-0.1%
Net Income	$109,804	$-18,129	-7.1%

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

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
BUCK JABAILY	TREASURER	2.00	Officer Director	$0	$0	$0
LEWIS MCINYRE	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
VALERIE RAGGIO	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVE ROBERTS	PRESIDENT	2.00	Officer Director	$0	$0	$0
LORI DIBATTISTO	BOARD MEMBER	2.00	Officer	$0	$0	$0
SANDY FLAGG	BOARD MEMBER	2.00	Officer	$0	$0	$0
HELEN FRYE	BOARD MEMBER	2.00	Officer	$0	$0	$0
JENNIFER JONES	BOARD MEMBER	2.00	Officer	$0	$0	$0
RAINE PEDERSEN	BOARD MEMBER	2.00	Officer	$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	No data	No data	No data	No data
2023	$573,491	$463,687	$1,376,525	$109,804
2022	$515,920	$534,049	$1,337,603	$-18,129
2021	$519,980	$481,485	$1,359,700	$38,495
2020	$505,674	$479,696	$1,364,206	$25,978
2019	$488,915	$446,257	$1,378,583	$42,658
2018	$458,880	$443,503	$1,387,976	$15,377

GRANBY HOMES FOR SENIOR CITIZENS INC