RESIDENT SERVICES INCORPORATED (EIN 261599249) - 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

2007

Legal Domicile

Principal Officer

ANUPAMA FRANCIS

Phone

4103963370

Tax Period

2023-01-01 to 2023-12-31

RESIDENT SERVICES INCORPORATED, founded in 2007, is a micro nonprofit in the Housing & Shelter sector that reported $25K in total revenue in fiscal year 2023. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $53K exceeded revenue, resulting in a 108% operating deficit.

Mission

HELPING RESIDENTS ONE PERSON, ONE FAMILY AND ONE COMMUNITY AT A TIME

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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 $21,538

Program Service Revenue $0

Investment Income $11

Other Revenue $3,745

TOTAL REVENUE $25,294

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,450

Other Expenses $52,598

TOTAL EXPENSES $52,598

Year-over-Year Comparison

	2023	2022	Change
Revenue	$25,294	$314,727	-0.9%
Expenses	$52,598	$80,292	-0.3%
Net Income	$-27,304	$234,435	-1.1%

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

$1,559,639

Total Directors

$1,160,732

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANET ABRAHAMS	DIRECTOR/CEO	1.00	Officer Director	$0	$60,778	$446,771
MONICA WATKINS	COO	1.00	Officer Director	$0	$49,777	$259,644
JOHN WILSON	TREASURER/CFO	1.00	Officer Director	$0	$46,156	$202,246
CANDICE JONES	BOARD LIAISON/LEGAL ASSISTANT	1.00	Director	$0	$9,709	$57,636
ANUPAMA FRANCIS	TREASURER/CFO	0.38	Officer Director	$0	$29,947	$194,435
TRACEY OLIVER-KEYSER	EXECUTIVE DIRECTOR	5.25	Officer	$0	$58,981	$207,767
JANET GOSLEE	RESIDENT AGENT	0.38	Officer	$0	$55,712	$248,776

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	$25,294	$52,598	$106,293	$-27,304
2022	$314,727	$80,292	$133,353	$234,435
2021	$226,075	$314,356	$125,328	$-88,281
2019	$1,001,332	$715,006	$655,844	$286,326
2018	$1,187,266	$1,068,716	$263,877	$118,550

RESIDENT SERVICES INCORPORATED