SKYLIGHT PROPERTIES INC (EIN 133870857) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

RAVI RAMASWAMY

Phone

7187202585

Tax Period

2023-01-01 to 2023-12-31

SKYLIGHT PROPERTIES INC, founded in 1998, is a small nonprofit that reported $105K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $85K, a strong 81% operating margin.

Mission

SKY LIGHT PROPERTIES INC WAS INCORPORATED IN THE STATE OF NEW YORK TO MANAGE PROPERTIES IT RENTS TO AN AFFILIATED EXEMPT ORGANIZATION, SKY LIGHT CENTER, INC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,295

Other Revenue $103,542

TOTAL REVENUE $104,837

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,501

Other Expenses $20,163

TOTAL EXPENSES $20,163

Year-over-Year Comparison

	2023	2022	Change
Revenue	$104,837	$74,962	+0.4%
Expenses	$20,163	$296,180	-0.9%
Net Income	$84,674	$-221,218	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
MARTIN PHILLIPS	PRESIDENT	1.00	Director	$0	$0	$0
DENNIS SCIMONE	SECRETARY	1.00	Director	$0	$0	$0
RAVI RAMASWAMY	TREASURER	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	No data	No data	No data	No data
2023	$104,837	$20,163	$521,830	$84,674
2022	$74,962	$296,180	$431,517	$-221,218
2021	$80,034	$173,330	$686,498	$-93,296
2020	$101,827	$365,372	$759,690	$-263,545
2019	$176,880	$192,500	$1,000,265	$-15,620
2018	$73,863	$202,978	$983,711	$-129,115

SKYLIGHT PROPERTIES INC