Ken-Crest Del II Inc (EIN 232703540) - 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

1993

Legal Domicile

Principal Officer

ARTHUR ANDERSON

Phone

6108259360

Tax Period

2024-07-01 to 2025-06-30

Ken-Crest Del II Inc, founded in 1993, is a small nonprofit that reported $177K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $209K exceeded revenue, resulting in a 19% operating deficit.

Mission

OWN AND OPERATE A NONPROFIT HOUSING PROJECT FOR PEOPLE WITH DISABILITIES UNDER SECTION 811 CAPITAL ADVANCE PROGRAM OF U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $176,543

Investment Income $191

Other Revenue $0

TOTAL REVENUE $176,734

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,184

Fundraising Expenses $0

Program Expenses $165,381

Other Expenses $171,287

TOTAL EXPENSES $209,471

Year-over-Year Comparison

	2024	2023	Change
Revenue	$176,734	$144,232	+0.2%
Expenses	$209,471	$176,482	+0.2%
Net Income	$-32,737	$-32,250	+0.0%

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

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

$872,719

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marian Baldini	CEO	0.5	Officer	$0	$15,172	$532,888
Colleen Kelly	CFO	0.5	Officer	$0	$39,165	$339,831
CHARLES W HORN III	PRESIDENT	0.5	Officer Director	$0	$0	$0
SEAN OUTEN	TREASURER	0.5	Officer Director	$0	$0	$0
ERIC RAHE	MEMBER	0.5	Director	$0	$0	$0
KEVIN DOUGHER	MEMBER	0.5	Director	$0	$0	$0
SCOTT MCCLOSKEY	SECRETARY	0.5	Officer Director	$0	$0	$0
BRETT ASKINS	MEMBER	0.5	Director	$0	$0	$0
JACK RULE	MEMBER	0.5	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
2025	$176,734	$209,471	$567,014	$-32,737
2024	$144,232	$176,482	$544,798	$-32,250
2023	$151,619	$155,273	$557,425	$-3,654
2022	$119,578	$144,120	$535,069	$-24,542
2021	$137,085	$168,220	$533,240	$-31,135
2020	$143,102	$177,765	$564,763	$-34,663
2019	$144,773	$176,264	$625,734	$-31,491
2018	$147,738	$164,087	$632,216	$-16,349

Ken-Crest Del II Inc