MARRAKECH RESIDENTIAL SERVICES INC (EIN 061319876) - 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

1991

Legal Domicile

Principal Officer

HEATHER I LATORRA

Phone

2033892970

Tax Period

2022-10-01 to 2023-09-30

MARRAKECH RESIDENTIAL SERVICES INC, founded in 1991, is a community nonprofit in the Human Services sector that reported $3.2M in total revenue in fiscal year 2022. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $2.9M left a modest 9% surplus.

Mission

PROVIDES PERSON-CENTERED AND INCLUSIVE SERVICES TO CHILDREN AND ADULTS WITH AND WITHOUT DISABILITIES THAT INCLUDES SECURING EMPLOYMENT, CONNECTING TO NECESSARY SUPPORTIVE SERVICES, ACCESSING HOUSING AND PARTICIPATING FULLY AS CONTRIBUTING MEMBERS OF THE COMMUNITY. EQUITY AND INCLUSION ARE EMBEDDED IN THE CORE VALUES OF THE ORGANIZATION WHERE DIVERSE BACKGROUNDS, CULTURES, PERSPECTIVES AND LIFE EXPERIENCES ARE EMBRACED.

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,182,048

Program Service Revenue $0

Investment Income $0

Other Revenue $7,560

TOTAL REVENUE $3,189,608

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,003,718

Fundraising Expenses $0

Program Expenses $2,660,466

Other Expenses $904,216

TOTAL EXPENSES $2,907,934

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,189,608	$2,508,282	+0.3%
Expenses	$2,907,934	$2,773,447	+0.0%
Net Income	$281,674	$-265,165	-2.1%

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

$589,636

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HEATHER I LATORRA	CEO	5.00	Officer	$0	$37,747	$306,270
JILL CRETELLA	CHIEF ADMIN	5.00	Highest	$0	$26,516	$175,893
JASON MIRSKY	CFO	5.00	Officer	$0	$9,932	$158,259
DENISE CANADY	CHIEF COMPLI	5.00	Highest	$0	$8,871	$138,354
DANIELLE PHILLIPS	CHIEF PROGRA	5.00	Highest	$0	$8,797	$126,775
MAUREEN MCMENAMEY	ASSISTANT CF	5.00	Officer	$0	$8,835	$125,107
IHSSANE KHATIB	DIRECTOR	0.25	Director	$0	$0	$0
BOBBY PETERSON	DIRECTOR	0.25	Director	$0	$0	$0
GRETA E SOLOMON	DIRECTOR	0.25	Director	$0	$0	$0
JEFFREY H EUBEN	DIRECTOR	0.25	Director	$0	$0	$0
MYRA STANLEY	DIRECTOR	0.25	Director	$0	$0	$0
DAVID FERRETTI	DIRECTOR	0.25	Director	$0	$0	$0
DELORES STRODE	DIRECTOR	0.25	Director	$0	$0	$0
STEVEN P SHWARTZ	CHAIRMAN	0.25	Officer Director	$0	$0	$0
SUZANNE LETSO	VICE CHAIR	0.25	Officer Director	$0	$0	$0
DEBORAH STANLEY-MCAULAY	SECRETARY	0.25	Officer Director	$0	$0	$0
ANN ARPINO CPA	TREASURER	0.25	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$3,189,608	$2,907,934	$270,470	$281,674
2022	$2,508,282	$2,773,447	$248,870	$-265,165
2021	$2,480,411	$2,694,091	$225,209	$-213,680
2020	$2,529,452	$2,466,961	$237,857	$62,491
2019	$2,421,512	$2,361,041	$245,571	$60,471
2018	$2,295,384	$2,376,229	$217,822	$-80,845

MARRAKECH RESIDENTIAL SERVICES INC