GRANDVIEW TERRACE INC (EIN 221904314) - 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

1968

Legal Domicile

Principal Officer

Steve Lesko

Phone

2017924918

Tax Period

2020-07-01 to 2021-06-30

GRANDVIEW TERRACE INC, founded in 1968, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2020. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $2.2M left a modest 4% surplus.

Mission

To provide affordable housing to Low income senior citizens age 62 or over.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,198,606

Investment Income $8,956

Other Revenue $44,036

TOTAL REVENUE $2,251,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $415,588

Fundraising Expenses $0

Program Expenses $2,164,240

Other Expenses $1,748,652

TOTAL EXPENSES $2,164,240

Year-over-Year Comparison

	2020	2019	Change
Revenue	$2,251,598	$6,663,282	-0.7%
Expenses	$2,164,240	$2,235,623	0.0%
Net Income	$87,358	$4,427,659	-1.0%

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

Volunteers

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
WILLIAM CUNNINGHAM	TRUSTEE	1.00	Director	$0	$0	$0
JIM KILKENNY	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MARCHELLO	TRUSTEE	1.00	Director	$0	$0	$0
JOSPH DIPALMA	TRUSTEE	1.00	Director	$0	$0	$0
LOUIS RODRIGUEZ	TRUSTEE	1.00	Director	$0	$0	$0
NICHOLAS JAYME	TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY VALDNER	TRUSTEE	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
2021	$2,251,598	$2,164,240	$6,522,044	$87,358
2020	$6,663,282	$2,235,623	$6,403,720	$4,427,659
2019	$2,402,460	$2,274,799	$3,075,258	$127,661
2018	$2,278,563	$2,185,975	$3,157,219	$92,588

GRANDVIEW TERRACE INC