MISSION TOWERS INC (EIN 237138152) - 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

1971

Legal Domicile

Principal Officer

JERED F STEWART

Phone

9783742160

Tax Period

2024-01-01 to 2024-12-31

MISSION TOWERS INC, founded in 1971, is a community nonprofit in the Housing & Shelter sector that reported $2.0M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE AFFORDABLE HOUSING, MEALS AND CONGREGATE SERVICES 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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,937,317

Investment Income $55,690

Other Revenue $0

TOTAL REVENUE $1,993,007

Expense Breakdown

Grants Paid $250,000

Salaries & Benefits $569,152

Fundraising Expenses $0

Program Expenses $1,944,992

Other Expenses $1,255,708

TOTAL EXPENSES $2,074,860

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,993,007	$1,786,096	+0.1%
Expenses	$2,074,860	$1,678,278	+0.2%
Net Income	$-81,853	$107,818	-1.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHERINE VOZEOLAS	CHAIR	0.25	Officer Director	$0	$0	$0
JOHN DEBAUN	TREASURER	0.25	Officer Director	$0	$0	$0
THOMAS FAULKNER	CLERK	0.25	Officer Director	$0	$0	$0
BRIAN FARMER	DIRECTOR	0.10	Director	$0	$0	$0
STEPHEN CORCORAN	DIRECTOR	0.10	Director	$0	$0	$0
PAUL MAGLIOCCHETTI	DIRECTOR	0.10	Director	$0	$0	$0
DIANE SHIKRALLAH	DIRECTOR	0.10	Director	$0	$0	$0
JAMES TRAVER	DIRECTOR	0.10	Director	$0	$0	$0
MEGAN SHEA	DIRECTOR	0.10	Director	$0	$0	$0
ALLISON HEARTQUIST	DIRECTOR	0.10	Director	$0	$0	$0
JERED F STEWART	PRESIDENT AND CEO	2.00	Highest	$0	$43,745	$321,901
JAMES L LYNCH	CFO	8.00	Highest	$36,836	$31,465	$201,780
LUKE MALBON	SUPERINTENDENT	1.00	Highest	$0	$20,285	$145,766
JEANETTE MARTINEZ	DIRECTOR OF WELLNESS	1.00		$0	$3,962	$111,999

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	$1,993,007	$2,074,860	$7,039,559	$-81,853
2023	$1,786,096	$1,678,278	$7,175,414	$107,818
2022	$1,430,934	$1,610,305	$7,129,351	$-179,371
2021	$1,464,169	$1,600,310	$7,363,785	$-136,141
2020	$1,334,108	$1,545,284	$7,644,247	$-211,176
2019	$1,288,465	$1,251,693	$8,036,164	$36,772
2018	$1,270,534	$1,079,668	$5,181,760	$190,866
2018	$1,270,536	$1,096,627	$5,165,706	$173,909

MISSION TOWERS INC