ALVERNO APARTMENTS INC (EIN 232879316) - 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

1999

Legal Domicile

Principal Officer

DANIEL BARBUSIO

Phone

4128564880

Tax Period

2025-01-01 to 2025-12-31

ALVERNO APARTMENTS INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $515K in total revenue in fiscal year 2025.

Mission

TO PROVIDE SAFE AND AFFORDABLE HOUSING FOR LOW INCOME ELDERLY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $211,971

Program Service Revenue $293,328

Investment Income $5,389

Other Revenue $4,527

TOTAL REVENUE $515,215

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $456,697

Other Expenses $558,992

TOTAL EXPENSES $558,992

Year-over-Year Comparison

	2025	2024	Change
Revenue	$515,215	$495,053	+0.0%
Expenses	$558,992	$574,924	0.0%
Net Income	$-43,777	$-79,871	-0.5%

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

Total Directors

$171,840

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT BACHMAN	DIRECTOR	0.25	Director	$0	$0	$0
LOUIS J MORAYTIS	DIRECTOR	0.25	Director	$0	$0	$0
SISTER BERNADETTE SCHAAD OSF	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN SPOALES	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
JENNIFER COHEN SOMOGYE	SECRETARY	0.25	Officer Director	$0	$0	$0
DANIEL BARBUSIO	DIRECTOR	0.25	Director	$0	$32,025	$171,840
SR EILEEN MAGILL OSF	DIRECTOR	0.25	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	$515,215	$558,992	$2,278,129	$-43,777
2024	$495,053	$574,924	$2,319,693	$-79,871
2023	$473,415	$579,215	$2,405,586	$-105,800
2022	$470,552	$558,561	$2,503,243	$-88,009
2021	$459,521	$558,584	$2,657,938	$-99,063
2020	$461,231	$548,813	$2,692,221	$-87,582
2019	$447,072	$556,111	$2,776,339	$-109,039
2018	$445,026	$524,587	$2,884,834	$-79,561

ALVERNO APARTMENTS INC