LA COLONIA APARTMENTS INC (EIN 208725313) - 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

2007

Legal Domicile

Principal Officer

ARTHUR BALANDRAN

Phone

7852732995

Tax Period

2023-01-01 to 2023-12-31

LA COLONIA APARTMENTS INC, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $585K in total revenue in fiscal year 2023. Expenses of $527K left a modest 10% surplus.

Mission

PROVIDE LOW INCOME HOUSING FOR THE 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 (2023)

Revenue Breakdown

Contributions & Grants $378,858

Program Service Revenue $195,266

Investment Income $271

Other Revenue $10,126

TOTAL REVENUE $584,521

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,876

Fundraising Expenses $0

Program Expenses $400,178

Other Expenses $416,444

TOTAL EXPENSES $527,320

Year-over-Year Comparison

	2023	2022	Change
Revenue	$584,521	$566,167	+0.0%
Expenses	$527,320	$546,452	0.0%
Net Income	$57,201	$19,715	+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

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
ARTHUR BALANDRAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
MARY CUEVAS	TREASURER	N/A	Officer Director	$0	$0	$0
ANGIE GUTIERREZ	BOARD MEMBER	N/A	Director	$0	$0	$0
MIKE MARTINEZ	SECRETARY	N/A	Officer Director	$0	$0	$0
VIRGINIA MENDOZA	BOARD MEMBER	N/A	Director	$0	$0	$0
ALEXANDRA ORTIZ-TESKE	BOARD MEMBER	N/A	Director	$0	$0	$0
VERONICA PADILLA	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
DOMINIC GUTIERREZ SR	BOARD MEMBER	N/A	Director	$0	$0	$0
ROGER WILSON	BOARD MEMBER	N/A	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$584,521	$527,320	$623,832	$57,201
2022	$566,167	$546,452	$615,833	$19,715
2021	$572,040	$606,469	$716,845	$-34,429
2020	$543,947	$537,505	$812,564	$6,442
2019	$536,451	$551,300	$831,358	$-14,849
2018	$528,799	$513,088	$881,723	$15,711

LA COLONIA APARTMENTS INC