MAURICE I SCHWARTZ TOWERS INC (EIN 160997888) - 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

1970

Legal Domicile

Principal Officer

TIMOTHY CARR

Phone

3152534947

Tax Period

2024-04-01 to 2025-03-31

MAURICE I SCHWARTZ TOWERS INC, founded in 1970, is a small nonprofit in the Housing & Shelter sector that reported $749K in total revenue in fiscal year 2024. Net assets of $4.4M represent 70 months of operating reserves.

Mission

ORGANIZED FOR THE PURPOSE OF PROVIDING HOUSING AND AUXILIARY FACILITIES TO 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 $0

Program Service Revenue $695,168

Investment Income $53,913

Other Revenue $0

TOTAL REVENUE $749,081

Expense Breakdown

Grants Paid $0

Salaries & Benefits $257,421

Fundraising Expenses $0

Program Expenses $669,476

Other Expenses $523,458

TOTAL EXPENSES $780,879

Year-over-Year Comparison

	2024	2023	Change
Revenue	$749,081	$760,575	0.0%
Expenses	$780,879	$725,967	+0.1%
Net Income	$-31,798	$34,608	-1.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIMOTHY CARR	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE MOOLIN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS HIGGINS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
BARB SROKA	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD KNAUL	DIRECTOR	1.00	Director	$0	$0	$0
SHARON DESANTIS	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY HERRLING	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
2025	$749,081	$780,879	$4,447,449	$-31,798
2024	$760,575	$725,967	$4,531,516	$34,608
2023	$742,582	$683,940	$4,432,771	$58,642
2022	$688,931	$636,113	$4,376,886	$52,818
2021	$723,104	$614,825	$4,330,848	$108,279
2020	$711,975	$621,828	$4,234,356	$90,147
2019	$725,463	$747,725	$4,140,418	$-22,262

MAURICE I SCHWARTZ TOWERS INC