COLLEGE ARMS TOWERS INC (EIN 237025116) - 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

1968

Legal Domicile

Principal Officer

HENRY KEITH

Phone

4078395050

Tax Period

2022-07-01 to 2023-06-30

COLLEGE ARMS TOWERS INC, founded in 1968, is a community nonprofit in the Housing & Shelter sector that reported $2.3M in total revenue in fiscal year 2022. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

LOW INCOME SUBSIDIZED HOUSING FOR THE 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 (2022)

Revenue Breakdown

Contributions & Grants $115,554

Program Service Revenue $2,013,618

Investment Income $84,216

Other Revenue $48,221

TOTAL REVENUE $2,261,609

Expense Breakdown

Grants Paid $0

Salaries & Benefits $548,827

Fundraising Expenses $0

Program Expenses $2,225,920

Other Expenses $1,677,093

TOTAL EXPENSES $2,225,920

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,261,609	$1,471,536	+0.5%
Expenses	$2,225,920	$1,774,735	+0.3%
Net Income	$35,689	$-303,199	-1.1%

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

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

$1,741,370

Total Directors

$1,255,910

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN HILLENMEYER	CHAIRMAN	N/A	Officer Director	$0	$0	$0
TERENCE ROGERS	CEO/PRESIDEN	N/A	Officer Director	$0	$36,488	$700,873
HENRY KEITH	CFO/TREASUR/	N/A	Officer Director	$0	$24,643	$555,037
GARRY HENNIS	COO/EXECUTIV	N/A	Officer	$0	$20,996	$485,460
MEGAN FAUBEL	SECRETARY	N/A	Officer	$0	$0	$0
LINDA SHELLEY	DIRECTOR	N/A	Director	$0	$0	$0
JOHN DEBEVOISE	DIRECTOR	N/A	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$2,261,609	$2,225,920	$14,520,490	$35,689
2022	$1,471,536	$1,774,735	$6,663,001	$-303,199
2021	$1,356,636	$1,573,553	$6,748,164	$-216,917
2020	$1,323,350	$1,578,153	$6,959,366	$-254,803
2019	$1,282,308	$1,622,569	$7,226,546	$-340,261

COLLEGE ARMS TOWERS INC