EDISON TERRACE WEST (EIN 205057014) - 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

W RICHARD BARCHET

Phone

5093756074

Tax Period

2024-07-01 to 2025-06-30

EDISON TERRACE WEST, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $810K in total revenue in fiscal year 2024. Revenue surged 178% from the prior year, signaling strong growth momentum. The organization ran a surplus of $338K, a strong 42% operating margin.

Mission

TO AQUIRE AND OPERATE A 45 UNIT APARTMENT COMPLEX TO PROVIDE LOW INCOME HOUSING AND SERVICES FOR SENIORS.

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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 $622,362

Program Service Revenue $183,012

Investment Income $4,624

Other Revenue $0

TOTAL REVENUE $809,998

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,449

Fundraising Expenses $0

Program Expenses $471,678

Other Expenses $397,229

TOTAL EXPENSES $471,678

Year-over-Year Comparison

	2024	2023	Change
Revenue	$809,998	$290,936	+1.8%
Expenses	$471,678	$402,970	+0.2%
Net Income	$338,320	$-112,034	-4.0%

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

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
RICHARD BARCHET	PRESIDENT	3.00	Officer Director	$0	$0	$0
PAUL CROSS	SECRETARY	2.00	Officer Director	$0	$0	$0
AL HAFFNER	TREASURER	2.00	Officer Director	$0	$0	$0
CARL GUSTAFSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WARNER BLYCKERT	DIRECTOR	1.00	Director	$0	$0	$0
JAN GRIFFIN	DIRECTOR	1.00	Director	$0	$0	$0
BETTY QUINN	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	$809,998	$471,678	$3,584,435	$338,320
2024	$290,936	$402,970	$3,205,444	$-112,034
2023	$274,701	$395,213	$3,314,707	$-120,512
2022	$250,449	$351,409	$3,432,201	$-100,960
2021	$237,108	$347,020	$3,540,121	$-109,912
2020	$235,040	$334,980	$3,652,356	$-99,940
2019	$230,708	$323,045	$3,742,540	$-92,337

EDISON TERRACE WEST