EDWARD ROMERO TERRACE (EIN 262005172) - 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

MELANIE RIBIERO

Phone

9548359200

Tax Period

2023-10-01 to 2024-09-30

EDWARD ROMERO TERRACE, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $461K in total revenue in fiscal year 2023. Expenses of $631K exceeded revenue, resulting in a 37% operating deficit.

Mission

OPERATION OF LOW INCOME HOUSING FOR THE ELDERLY AND HANDICAPPED. REGULATED AND ASSISTED BY THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).

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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 $0

Program Service Revenue $458,356

Investment Income $1,922

Other Revenue $593

TOTAL REVENUE $460,871

Expense Breakdown

Grants Paid $0

Salaries & Benefits $194,759

Fundraising Expenses $0

Program Expenses $419,246

Other Expenses $436,080

TOTAL EXPENSES $630,839

Year-over-Year Comparison

	2023	2022	Change
Revenue	$460,871	$479,599	0.0%
Expenses	$630,839	$617,039	+0.0%
Net Income	$-169,968	$-137,440	+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

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

$524,053

Total Directors

$26,541

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELANIE RIBIERO	EXECUTIVE VP	0.70	Officer	$0	$72,591	$497,512
JOHN OLSEN	TREASURER	0.50	Officer Director	$0	$0	$26,541
MARIA CORDONE	SECRETARY	0.30	Officer Director	$0	$0	$0
ERIC DEAN	DIRECTOR	0.10	Director	$0	$0	$0
TONY FRANSETTA	DIRECTOR	0.10	Director	$0	$0	$0
SHANNON ROBINSON	DIRECTOR	0.10	Director	$0	$0	$0
EDWARD ROMERO	VICE PRESIDE	0.10	Officer Director	$0	$0	$0
CHRISTOPHER M SHELTON	PRESIDENT	0.50	Officer Director	$0	$0	$0
ROGER SMITH	DIRECTOR	0.10	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	$460,871	$630,839	$3,722,710	$-169,968
2023	$479,599	$617,039	$3,836,168	$-137,440
2022	$424,871	$567,844	$3,954,598	$-142,973
2021	$427,830	$630,706	$4,026,912	$-202,876
2020	$429,075	$637,280	$4,132,677	$-208,205
2019	$420,109	$531,552	$4,282,921	$-111,443
2018	$420,178	$535,815	$4,385,754	$-115,637

EDWARD ROMERO TERRACE