High Park Gardens Cooperative Corporation (EIN 221833014) - 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

1965

Legal Domicile

Principal Officer

Blonnie Watson

Phone

9736233155

Tax Period

2023-01-01 to 2023-12-31

High Park Gardens Cooperative Corporation, founded in 1965, is a community nonprofit in the Housing & Shelter sector that reported $4.4M in total revenue in fiscal year 2023. Expenses of $4.1M left a modest 7% surplus.

Mission

The organiztion seeks to provide affordable housing to area residents.

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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 $0

Program Service Revenue $4,379,045

Investment Income $4,763

Other Revenue $0

TOTAL REVENUE $4,383,808

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,179,434

Fundraising Expenses $0

Program Expenses $3,882,751

Other Expenses $2,910,180

TOTAL EXPENSES $4,089,614

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,383,808	$4,104,260	+0.1%
Expenses	$4,089,614	$3,908,383	+0.0%
Net Income	$294,194	$195,877	+0.5%

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
Blonnie Watson	President	010.00	Officer Director	$0	$0	$0
Jacqueline Johnson	Vice President	010.00	Officer Director	$0	$0	$0
Olivie Lowery	Secretary	010.00	Officer Director	$0	$0	$0
Donna Curvin	Treasurer	010.00	Officer Director	$0	$0	$0
Melvin Calloway	Director	010.00	Director	$0	$0	$0
Denise Cook	Director	010.00	Director	$0	$0	$0
Olayemi Abayomi	Director	010.00	Director	$0	$0	$0
Tajudeen Taiwo	Director	010.00	Director	$0	$0	$0
Sheila Thomas	Director	010.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$4,383,808	$4,089,614	$6,306,855	$294,194
2022	$4,104,260	$3,908,383	$6,341,913	$195,877
2021	$3,948,181	$3,846,174	$6,495,116	$102,007
2020	$3,884,347	$3,802,493	$6,698,782	$81,854

High Park Gardens Cooperative Corporation