GROTON AFFORDABLE HOUSING INC C/O RCAP SOLUTION INC (EIN 222831170) - 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

1988

Legal Domicile

Principal Officer

BRIAN SCALES

Phone

9786306600

Tax Period

2023-07-01 to 2024-06-30

GROTON AFFORDABLE HOUSING INC C/O RCAP SOLUTION INC, founded in 1988, is a small nonprofit in the Housing & Shelter sector that reported $678K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $165K, a strong 24% operating margin.

Mission

TO ACQUIRE, CONSTRUCT, REHABILITATE AND OPERATE 34 UNITS OF AFFORDABLE RESIDENTIAL HOUSING FOR ELDERLY PERSONS IN GROTON, MA.

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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 $486,145

Program Service Revenue $187,307

Investment Income $49

Other Revenue $4,523

TOTAL REVENUE $678,024

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $458,731

Other Expenses $512,727

TOTAL EXPENSES $512,727

Year-over-Year Comparison

	2023	2022	Change
Revenue	$678,024	$526,861	+0.3%
Expenses	$512,727	$486,995	+0.1%
Net Income	$165,297	$39,866	+3.1%

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

N/A

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

$324,332

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE MARCHETTI	DIRECTOR	0.10	Director	$0	$0	$0
BRIAN SCALES	PRESIDENT/TREASURER	0.10	Officer	$0	$14,570	$240,515
DEBORAH A FOLEY	CLERK/RESIDENT AGENT	0.10	Officer	$0	$7,023	$83,817

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	$678,024	$512,727	$634,007	$165,297
2023	$526,861	$486,995	$591,663	$39,866
2022	$514,974	$458,523	$567,388	$56,451
2021	$515,508	$441,212	$575,688	$74,296
2020	$503,539	$440,546	$547,734	$62,993
2019	$490,368	$493,489	$552,340	$-3,121
2018	$481,109	$521,944	$611,229	$-40,835

GROTON AFFORDABLE HOUSING INC C/O RCAP SOLUTION INC