Grandview Apartment Affordable Housing Corporation (EIN 223389093) - 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

1991

Legal Domicile

Principal Officer

RANDI MOORE

Phone

7323892958

Tax Period

2023-01-01 to 2023-12-31

Grandview Apartment Affordable Housing Corporation, founded in 1991, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $1.7M left a modest 4% surplus.

Mission

Provide and manage housing facilities and services for underserved individuals and families in Monmouth County, NJ.

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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 $902,659

Program Service Revenue $863,967

Investment Income $17,843

Other Revenue $6,584

TOTAL REVENUE $1,791,053

Expense Breakdown

Grants Paid $0

Salaries & Benefits $378,480

Fundraising Expenses $0

Program Expenses $1,544,906

Other Expenses $1,339,447

TOTAL EXPENSES $1,717,927

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,791,053	$1,898,986	-0.1%
Expenses	$1,717,927	$1,883,133	-0.1%
Net Income	$73,126	$15,853	+3.6%

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

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

$334,006

Total Directors

$282,127

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RANDI MOORE	EXECUTIVE DIRECTOR	0.5	Officer	$0	$0	$179,653
WARREN SIDOSKY	TREASURER	0.5	Officer Director	$0	$0	$154,353
CHRISTOPHER PUGLIESE	TRUSTEE	1.0	Director	$0	$0	$127,774
Donna Blaze	chair	1.0	Officer Director	$0	$0	$0
GAIL ABRAMS	SECRETARY (TERM 11/3/2023)	1.0	Officer Director	$0	$0	$0
Bernard Friel	DIRECTOR	1.0	Director	$0	$0	$0
WAYNE GREER	DIRECTOR	1.0	Director	$0	$0	$0
Maria Maio Messano	DIRECTOR	1.0	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	No data	No data	No data	No data
2023	$1,791,053	$1,717,927	$9,017,228	$73,126
2022	$1,898,986	$1,883,133	$8,950,312	$15,853
2021	$1,960,403	$1,818,319	$9,150,542	$142,084
2020	$2,002,766	$1,809,664	$8,993,376	$193,102
2019	$2,027,864	$1,681,959	$8,838,862	$345,905
2018	$1,915,498	$1,748,339	$8,536,593	$167,159

Grandview Apartment Affordable Housing Corporation