ST ANDREW TOWERS INC

EIN: 237227364 501(c)(3)

LAUDERDALE LAKES, FL

Total Revenue
$73,219
Total Expenses
$9,530
Total Assets
$954,379
Net Assets
$-4,271,911
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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
1974
Legal Domicile
FL
Principal Officer
REV MARCOS SOMARRIBA
Phone
9544841515
Tax Period
2023-07-01 to 2024-06-30

ST ANDREW TOWERS INC, founded in 1974, is a micro nonprofit that reported $73K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $64K, a strong 87% operating margin.

Mission

LOW INCOME ELDERLY HOUSING.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $55,303
Investment Income $14,135
Other Revenue $3,781
TOTAL REVENUE $73,219

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $160
Other Expenses $9,530
TOTAL EXPENSES $9,530

Year-over-Year Comparison

2023 2022 Change
Revenue $73,219 $63,741 +0.1%
Expenses $9,530 $11,235 -0.2%
Net Income $63,689 $52,506 +0.2%
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

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Governance

Voting Members
12
Independent Members
12
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
0
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REV MARCOS SOMARRIBA PRESIDENT 1.00
Director
$0 $0 $0
REV CARLOS ARMANDO MARTINEZ ROMERO DIRECTOR 1.00
Director
$0 $0 $0
REV EDUARDO LOGISTE FELIX DIRECTOR 1.00
Director
$0 $0 $0
REV JUAN J SOSA DIRECTOR 1.00
Director
$0 $0 $0
REV SAMUEL MUODIAJU DIRECTOR 1.00
Director
$0 $0 $0
REV JEAN JADOTTE DIRECTOR 1.00
Director
$0 $0 $0
REV MSGR MICHAEL SOUCKAR VICE PRES./SECRETARY 1.00
Director
$0 $0 $0
REV STEVEN O'HALA DIRECTOR 1.00
Director
$0 $0 $0
REV LUCIEN PIERRE TREASURER 1.00
Director
$0 $0 $0
REV JESUS FERRAS DIRECTOR 1.00
Director
$0 $0 $0
FR MANUEL GALVAN VARGAS DIRECTOR 1.00
Director
$0 $0 $0
REV MSGR ROBERTO GARZA DIRECTOR 1.00
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 $73,219 $9,530 $954,379 $63,689
2023 $63,741 $11,235 $947,377 $52,506
2022 $98,378 $10,270 $3,793,393 $88,108
2021 $181,046 $14,243 $10,191,168 $166,803
2020 $3,931,149 $594,368 $13,582,667 $3,336,781
2019 $2,178,421 $1,808,670 $4,963,811 $369,751
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