VINOKAN RESIDENCE CORPORATION (EIN 204864678) - 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

Chinyelu Anwunah

Phone

3136139203

Tax Period

2024-01-01 to 2024-12-31

VINOKAN RESIDENCE CORPORATION, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $967K in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. The organization ran a surplus of $168K, a strong 17% operating margin.

Mission

To provide round the clock residential services to adults with mental illness and retardation.

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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 $967,340

Investment Income $8

Other Revenue $67

TOTAL REVENUE $967,415

Expense Breakdown

Grants Paid $0

Salaries & Benefits $473,043

Fundraising Expenses $0

Program Expenses $790,842

Other Expenses $326,681

TOTAL EXPENSES $799,724

Year-over-Year Comparison

	2024	2023	Change
Revenue	$967,415	$736,448	+0.3%
Expenses	$799,724	$745,976	+0.1%
Net Income	$167,691	$-9,528	-18.6%

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

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
Chris Onwusurike	Chairperson	0.00	Officer	$0	$0	$0
Chuk Izuegbunam	Treasurer	0.00	Officer	$0	$0	$0
Kenneth Anene	Secretary	0.00	Officer	$0	$0	$0
Chinyelu Anwunah	President	40.00	Officer	$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	$967,415	$799,724	$832,766	$167,691
2023	$736,448	$745,976	$645,656	$-9,528
2022	$746,089	$673,862	$660,077	$72,227
2021	$650,931	$587,509	$643,131	$63,422
2020	$613,019	$509,356	$584,599	$103,663
2019	$577,114	$386,961	$425,784	$190,153
2018	$558,534	$423,154	$229,937	$135,380

VINOKAN RESIDENCE CORPORATION