Old Towne Square Inc (EIN 261404499) - 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

2007

Legal Domicile

Principal Officer

Anna Richman

Phone

5803537392

Tax Period

2024-07-01 to 2025-06-30

Old Towne Square Inc, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $155K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $248K exceeded revenue, resulting in a 60% operating deficit.

Mission

To provide housing to low income 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 (2024)

Revenue Breakdown

Contributions & Grants $50,645

Program Service Revenue $102,194

Investment Income $1,701

Other Revenue $0

TOTAL REVENUE $154,540

Expense Breakdown

Grants Paid $0

Salaries & Benefits $33,359

Fundraising Expenses $0

Program Expenses $223,242

Other Expenses $214,444

TOTAL EXPENSES $247,803

Year-over-Year Comparison

	2024	2023	Change
Revenue	$154,540	$172,542	-0.1%
Expenses	$247,803	$234,260	+0.1%
Net Income	$-93,263	$-61,718	+0.5%

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

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

$121,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rita Love	Executive Director	0.00	Key Emp	$0	$0	$121,000
Mark Ashton	President	1.00	Director	$0	$0	$0
Tom Aplin	Vice-President	1.00	Director	$0	$0	$0
Lynda Bentley	Director	1.00	Director	$0	$0	$0
Mark McClain	Director	1.00	Director	$0	$0	$0
Charles Webber	Director	1.00	Director	$0	$0	$0
Lynn Fitz	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	$154,540	$247,803	$2,453,350	$-93,263
2024	$172,542	$234,260	$2,590,467	$-61,718
2023	$150,906	$217,382	$2,549,277	$-66,476
2022	$150,164	$285,938	$2,642,544	$-135,774
2021	$166,193	$191,334	$2,762,332	$-25,141

Old Towne Square Inc