ARC APARTMENTS INC (EIN 222467197) - 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

1986

Legal Domicile

Phone

8453314300

Tax Period

2023-01-01 to 2023-12-31

ARC APARTMENTS INC, founded in 1986, is a micro nonprofit in the Housing & Shelter sector that reported $89K in total revenue in fiscal year 2023. Net assets of $354K represent 48 months of operating reserves.

Mission

A NOT-FOR-PROFIT CORPORATION WHOSE PRINCIPAL PURPOSE IS TO PROVIDE HOUSING FOR THE AGED AND HANDICAPPED UNDER SECTION 202 OF THE HOUSING ACT OF 1959.

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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 $88,878

Investment Income $29

Other Revenue $0

TOTAL REVENUE $88,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,880

Other Expenses $88,196

TOTAL EXPENSES $88,196

Year-over-Year Comparison

	2023	2022	Change
Revenue	$88,907	$86,532	+0.0%
Expenses	$88,196	$79,818	+0.1%
Net Income	$711	$6,714	-0.9%

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

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

$644,447

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER	0.5	Officer Director	$0	$0	$0
N/A	SENIOR VICE PRESIDENT	0.5	Officer Director	$0	$0	$0
N/A	SECRETARY	0.5	Officer Director	$0	$0	$0
N/A	PRESIDENT	0.5	Officer Director	$0	$0	$0
N/A	VICE PRESIDENT	0.5	Officer Director	$0	$0	$0
N/A	CFO	0.4	Officer	$0	$47,947	$234,705
N/A	CEO	0.4	Officer	$0	$69,638	$409,742

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
2024	No data	No data	No data	No data
2023	$88,907	$88,196	$364,636	$711
2022	$86,532	$79,818	$359,684	$6,714
2021	$84,545	$76,140	$354,576	$8,405
2020	$82,736	$64,999	$372,050	$17,737
2019	$80,336	$61,546	$369,648	$18,790
2018	$70,886	$65,611	$391,937	$5,275

ARC APARTMENTS INC