BAY POINTE APARTMENTS INC (EIN 204264152) - 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

2006

Legal Domicile

Principal Officer

MADONNA SKAGGS

Phone

6068862374

Tax Period

2024-07-01 to 2025-06-30

BAY POINTE APARTMENTS INC, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $151K in total revenue in fiscal year 2024. Expenses of $198K exceeded revenue, resulting in a 31% operating deficit.

Mission

LOW INCOME HOUSING FOR SENIOR CITIZENS

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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 $150,240

Investment Income $1,096

Other Revenue $0

TOTAL REVENUE $151,336

Expense Breakdown

Grants Paid $0

Salaries & Benefits $51,292

Fundraising Expenses $0

Program Expenses $198,403

Other Expenses $147,111

TOTAL EXPENSES $198,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$151,336	N/A	N/A
Expenses	$198,403	N/A	N/A
Net Income	$-47,067	N/A	N/A

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

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
JAMES BUTLER	PRESIDENT	2.00	Officer Director	$0	$0	$0
DIANE THACKER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ERIC RATLIFF	SEC/TREAS	2.00	Officer Director	$0	$0	$0
MISSY ALLEN	MEMBER	2.00	Director	$0	$0	$0
JERRY FULTZ	MEMBER	2.00	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	$151,336	$198,403	$1,335,873	$-47,067
2024	$148,021	$188,436	$1,372,464	$-40,415
2023	$132,692	$217,482	$1,408,390	$-84,790
2022	$125,874	$197,157	$1,490,775	$-71,283
2021	$132,516	$203,116	$1,561,864	$-70,600
2020	$105,691	$196,443	$1,637,810	$-90,752
2019	$116,774	$179,586	$1,733,835	$-62,812

BAY POINTE APARTMENTS INC