MANLY RETIREMENT APARTMENTS INC (EIN 237303564) - 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

1966

Legal Domicile

Phone

6414543085

Tax Period

2023-01-01 to 2023-12-31

MANLY RETIREMENT APARTMENTS INC, founded in 1966, is a micro nonprofit that reported $99K in total revenue in fiscal year 2023. Expenses of $131K exceeded revenue, resulting in a 33% operating deficit.

Mission

PROVIDES LOW-COST APARTMENTS TO THE ELDERLY.

🔒

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 $98,328

Investment Income $192

Other Revenue $0

TOTAL REVENUE $98,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,699

Fundraising Expenses $0

Program Expenses $131,391

Other Expenses $119,692

TOTAL EXPENSES $131,391

Year-over-Year Comparison

	2023	2022	Change
Revenue	$98,520	$99,846	0.0%
Expenses	$131,391	$128,293	+0.0%
Net Income	$-32,871	$-28,447	+0.2%

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

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

$600

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
SHERRI HUTZEL	SECRETARY/TREAS	Director	$600	$0	$600
PASTOR CORY ALLARD	Director	Director	$0	$0	$0
SHERYL THOMPSON	Director	Director	$0	$0	$0
WILMA ROMIG	Director	Director	$0	$0	$0
REV LINDA JOHNSON PRESTHOLT	Director	Director	$0	$0	$0
JUDITH DAVIES	Director	Director	$0	$0	$0
JAY EDGAR	President	Director	$0	$0	$0
SANDY HOLDEN	Vice President	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
2024	No data	No data	No data	No data
2023	$98,520	$131,391	$352,927	$-32,871
2022	$99,846	$128,293	$395,798	$-28,447
2021	$107,179	$102,342	$424,245	$4,837
2020	$104,192	$105,381	$429,408	$-1,189
2019	$98,520	$102,444	$430,597	$-3,924
2018	$96,643	$106,231	$454,521	$-9,588

MANLY RETIREMENT APARTMENTS INC