LIBERTY HILL APARTMENTS INC (EIN 251788214) - 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

1999

Legal Domicile

Principal Officer

SUE LEONARD

Phone

8143758945

Tax Period

2023-10-01 to 2024-09-30

LIBERTY HILL APARTMENTS INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $118K in total revenue in fiscal year 2023.

Mission

THE CORPORATION PROVIDES SUBSIDIZED HOUSING TO LOW-INCOME CHRONICALLY MENTALLY ILL RESIDENTS OF THIS RURAL AREA IN CONJUNCTION WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT. THE PROPERTY CONSISTS OF 10 APARTMENT UNITS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $69,454

Program Service Revenue $46,330

Investment Income $9

Other Revenue $1,721

TOTAL REVENUE $117,514

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $115,248

Other Expenses $127,047

TOTAL EXPENSES $127,047

Year-over-Year Comparison

	2023	2022	Change
Revenue	$117,514	$117,315	+0.0%
Expenses	$127,047	$129,244	0.0%
Net Income	$-9,533	$-11,929	-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

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
SUE LEONARD	PRESIDENT	1.00	Officer Director	$0	$0	$0
LARRY JAMISON	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICIA MCFARLAND	SECRETARY	1.00	Officer Director	$0	$0	$0
REV JAKE JACOBSON	TREASURER	1.00	Officer Director	$0	$0	$0
LEANNE SEVERO	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE WILSHIRE	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
2024	$117,514	$127,047	$508,431	$-9,533
2023	$117,315	$129,244	$521,251	$-11,929
2022	$116,863	$125,159	$528,644	$-8,296
2021	$111,253	$119,302	$538,032	$-8,049
2020	$109,901	$110,652	$550,102	$-751
2019	$105,526	$110,278	$549,812	$-4,752
2018	$-7,295	No data	$552,518	No data

LIBERTY HILL APARTMENTS INC