GLENBROOK ROAD ELDERLY HOUSING CORP (EIN 061031260) - 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

1975

Legal Domicile

Principal Officer

SAM FEDA

Phone

2039771400

Tax Period

2024-01-01 to 2024-12-31

GLENBROOK ROAD ELDERLY HOUSING CORP, founded in 1975, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 7% surplus.

Mission

THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROVIDE LOW COST HOUSING FOR ELDERLY FAMILIES.

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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 $897,573

Program Service Revenue $235,722

Investment Income $9,245

Other Revenue $0

TOTAL REVENUE $1,142,540

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $970,776

Other Expenses $1,065,365

TOTAL EXPENSES $1,065,365

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,142,540	$1,049,272	+0.1%
Expenses	$1,065,365	$997,755	+0.1%
Net Income	$77,175	$51,517	+0.5%

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

$777,653

Total Directors

$777,653

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VINCENT TUFO	PRESIDENT/SECRETARY/TREASURER	1.00	Officer Director	$0	$3,075	$485,732
RICH OSTUW	CHAIRMAN	1.00	Officer Director	$0	$0	$0
RONICE LATTA	VICE CHAIRWOMAN	1.00	Officer Director	$0	$0	$0
JONATHAN GOTTLIEB	SENIOR DIRECTOR	1.00	Officer Director	$0	$16,625	$291,921
JOHN COFF	DIRECTOR	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	$1,142,540	$1,065,365	$6,016,840	$77,175
2023	$1,048,972	$997,755	$6,241,918	$51,217
2022	$766,350	$829,007	$6,572,516	$-62,657
2021	$654,584	$488,000	$5,427,840	$166,584
2020	$712,398	$492,445	$4,081,598	$219,953
2019	$672,928	$478,069	$2,784,833	$194,859
2018	$654,207	$519,957	$2,713,553	$134,250

GLENBROOK ROAD ELDERLY HOUSING CORP