METHODIST TOWERS INC

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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

JAMES R REIM

Phone

8144409577

Tax Period

2024-10-01 to 2025-09-30

METHODIST TOWERS INC, founded in 1968, is a micro nonprofit in the Housing & Shelter sector that reported $28K in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5K, a strong 17% operating margin.

Mission

TO PROVIDE FOR AFFORDABLE HOUSING FOR LOW INCOME AND MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THE ELDERLY

Program Service Accomplishments

Program 1

Expenses: $23,315 Revenue: $14,047

TO PROVIDE FOR AFFORDABLE HOUSING FOR LOW INCOME AND MEET THE PHYSICAL

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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 $13,959

Program Service Revenue $0

Investment Income $14,047

Other Revenue $0

TOTAL REVENUE $28,006

Expense Breakdown

Grants Paid $16,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,315

Other Expenses $6,565

TOTAL EXPENSES $23,315

Year-over-Year Comparison

	2024	2023	Change
Revenue	$28,006	$21,491	+0.3%
Expenses	$23,315	$34,118	-0.3%
Net Income	$4,691	$-12,627	-1.4%

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

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
REV ROBERT TRASK	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT ROGERS	DIRECTOR	1.00	Director	$0	$0	$0
TRUDY SMITH	DIRECTOR	1.00	Director	$0	$0	$0
DIANE WINICKI	DIRECTOR	1.00	Director	$0	$0	$0
JAMES REIM	PRESIDENT	1.00	Officer	$0	$0	$0
MARY CAMPBELL	TREASURER	1.00	Officer	$0	$0	$0
SCOTT TOTEN	SECRETARY	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
2025	$28,006	$23,315	$651,773	$4,691
2024	$21,491	$34,118	$636,736	$-12,627
2023	$33,758	$39,955	$649,363	$-6,197
2022	$6,868,643	$6,976,281	$655,560	$-107,638
2021	$811,089	$802,740	$825,455	$8,349
2020	$852,817	$704,893	$817,198	$147,924
2019	$709,287	$710,360	$662,776	$-1,073
2018	$744,612	$745,423	$694,875	$-811