PARTNERSHIP FOR SENIORS INC OPER AS LEEDS HOUSING FOR THE ELDERLY (EIN 222528863) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

MELANIE RIBEIRO

Phone

9548359200

Tax Period

2023-10-01 to 2024-09-30

PARTNERSHIP FOR SENIORS INC OPER AS LEEDS HOUSING FOR THE ELDERLY, founded in 1984, is a small nonprofit that reported $363K in total revenue in fiscal year 2023. Expenses of $343K left a modest 6% surplus.

Mission

OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED. REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $360,386

Investment Income $1,976

Other Revenue $289

TOTAL REVENUE $362,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $132,642

Fundraising Expenses $0

Program Expenses $220,249

Other Expenses $209,862

TOTAL EXPENSES $342,504

Year-over-Year Comparison

	2023	2022	Change
Revenue	$362,651	$341,711	+0.1%
Expenses	$342,504	$321,216	+0.1%
Net Income	$20,147	$20,495	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$524,053

Total Directors

$524,053

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE RIBEIRO	VICE PRESIDE	0.70	Officer Director	$0	$72,591	$497,512
JOHN OLSEN	TREASURER	0.50	Officer Director	$0	$0	$26,541
MARIA CORDONE	SECRETARY	0.30	Officer Director	$0	$0	$0
JENNIFER DAY	DIRECTOR	0.10	Director	$0	$0	$0
TONY FRANSETTA	DIRECTOR	0.10	Director	$0	$0	$0
CYNTHIA PHINNEY	DIRECTOR	0.10	Director	$0	$0	$0
CHRISTOPHER SHELTON	PRESIDENT	0.50	Officer Director	$0	$0	$0
WILLIAM HOLAYTER	DIRECTOR	0.10	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
2024	$362,651	$342,504	$411,873	$20,147
2023	$341,711	$321,216	$434,066	$20,495
2022	$330,403	$338,170	$448,179	$-7,767
2021	$336,942	$308,178	$467,750	$28,764
2020	$320,971	$336,006	$485,155	$-15,035
2019	$313,395	$300,627	$519,253	$12,768
2018	$308,731	$310,395	$530,127	$-1,664

PARTNERSHIP FOR SENIORS INC OPER AS LEEDS HOUSING FOR THE ELDERLY