Augustana Homes Inc (EIN 066085508) - 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

1964

Legal Domicile

Principal Officer

Michael Hanlon

Phone

2034161390

Tax Period

2024-01-01 to 2024-11-06

Augustana Homes Inc, founded in 1964, is a small nonprofit that reported $902K in total revenue in fiscal year 2024. Expenses of $1.0M exceeded revenue, resulting in a 12% operating deficit.

Mission

To provide affordable housing, both independent and assisted (congregate services) living, for the low income elderly.

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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 $489,741

Program Service Revenue $412,746

Investment Income $0

Other Revenue $0

TOTAL REVENUE $902,487

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $885,045

Other Expenses $1,011,294

TOTAL EXPENSES $1,011,294

Year-over-Year Comparison

	2024	2023	Change
Revenue	$902,487	$875,472	+0.0%
Expenses	$1,011,294	$943,947	+0.1%
Net Income	$-108,807	$-68,475	+0.6%

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

N/A

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

$592,170

Total Directors

$592,170

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Hanlon	Chief Financial Officer	0.5	Officer Director	$0	$12,802	$268,850
Anne O Mccrory	Secretary	0.5	Officer Director	$0	$12,279	$257,869
Bishop Frank J Caggiano	President	0.1	Officer Director	$0	$21,080	$62,401
Rev Robert Kinnally	Vice President	0.1	Officer Director	$0	$0	$3,050

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	$902,487	$1,011,294	No data	$-108,807
2023	$875,472	$943,947	$520,995	$-68,475
2022	$812,211	$931,306	$590,353	$-119,095
2021	$823,979	$901,837	$690,851	$-77,858
2020	$783,569	$859,664	$848,152	$-76,095
2018	$774,729	$838,252	$1,263,804	$-63,523

Augustana Homes Inc