FOOTHILL APARTMENT ASSOCIATION (EIN 237013787) - 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

1968

Legal Domicile

Principal Officer

LEON D KHACHOONI

Tax Period

2023-01-01 to 2023-12-31

FOOTHILL APARTMENT ASSOCIATION, founded in 1968, is a micro nonprofit that reported $75K in total revenue in fiscal year 2023.

Mission

EDUCATION

🔒

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 $74,997

Investment Income $4

Other Revenue $10

TOTAL REVENUE $75,011

Expense Breakdown

Grants Paid $0

Salaries & Benefits $47,453

Fundraising Expenses $1,000

Program Expenses $25,586

Other Expenses $26,586

TOTAL EXPENSES $74,039

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,011	$74,577	+0.0%
Expenses	$74,039	$79,924	-0.1%
Net Income	$972	$-5,347	-1.2%

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

N/A

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEON D KHACHOONI	OFFICE MANAGER	40.00	Officer Key Emp	$0	$0	$0
GLORIA DUNN	SECRETARY	1.00	Officer	$0	$0	$0
DENIS GALLONIO	PRESIDENT	1.00	Officer	$0	$0	$0
VINCE MEDINA	VICE PRESIDENT	4.00	Officer	$0	$0	$0
FRANK RUBIN	TREASURER	1.00	Officer	$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	$75,011	$74,039	$51,658	$972
2022	$74,577	$79,924	$52,999	$-5,347
2021	$82,062	$77,420	$60,463	$4,642
2020	$76,326	$69,627	$56,900	$6,699
2019	$83,738	$82,915	$19,773	$823
2018	$84,747	$84,097	$21,817	$650

FOOTHILL APARTMENT ASSOCIATION