HANDS METRO APARTMENTS INC (EIN 251696942) - 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

1993

Legal Domicile

Principal Officer

SHARON RICHARDSON

Phone

8144533333

Tax Period

2022-10-01 to 2023-09-30

HANDS METRO APARTMENTS INC, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $212K in total revenue in fiscal year 2022. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $252K exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE AND MAINTAIN 20 AFFORDABLE APARTMENT HOMES FOR ADULTS WITH CHRONIC MENTAL ILLNESS.

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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 $125,563

Program Service Revenue $53,745

Investment Income $2,575

Other Revenue $30,359

TOTAL REVENUE $212,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $227,577

Other Expenses $251,554

TOTAL EXPENSES $251,554

Year-over-Year Comparison

	2022	2021	Change
Revenue	$212,242	$191,388	+0.1%
Expenses	$251,554	$201,398	+0.2%
Net Income	$-39,312	$-10,010	+2.9%

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

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
SHARON RICHARDSON	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MELISSA GRUCZA	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SISTER MARIANNE STUCKERT	SECRETARY	1.00	Officer Director	$0	$0	$0
CINDY STONE	TREASURER	1.00	Officer Director	$0	$0	$0
JOE BLOOMSTINE	MEMBER	1.00	Director	$0	$0	$0
CINDY BROWN	MEMBER	1.00	Director	$0	$0	$0
ALMITRA CLERKIN	MEMBER	1.00	Director	$0	$0	$0
DR ANNETTE FRANKLIN	MEMBER	1.00	Director	$0	$0	$0
MICHELLE HARKINS	MEMBER	1.00	Director	$0	$0	$0
MICHAEL JARUSZEWICZ	MEMBER	1.00	Director	$0	$0	$0
JANE KIRK	MEMBER	1.00	Director	$0	$0	$0
WILLIAM STEGER	MEMBER	1.00	Director	$0	$0	$0
JOHN VANTASSEL	MEMBER	1.00	Director	$0	$0	$0
JOHN VILLA	MEMBER	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
2024	No data	No data	No data	No data
2023	$212,242	$251,554	$602,651	$-39,312
2022	$191,388	$201,398	$640,915	$-10,010
2021	$185,093	$208,682	$650,083	$-23,589
2020	$167,104	$203,885	$672,426	$-36,781
2019	$175,928	$184,383	$712,497	$-8,455
2018	$169,349	$197,373	$732,013	$-28,024

HANDS METRO APARTMENTS INC