EDISON TERRACE SOUTH (EIN 264362933) - 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

2010

Legal Domicile

Principal Officer

W RICHARD BARCHET

Phone

5093756074

Tax Period

2024-07-01 to 2025-06-30

EDISON TERRACE SOUTH, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $114K in total revenue in fiscal year 2024. Expenses of $210K exceeded revenue, resulting in a 83% operating deficit.

Mission

TO CONSTRUCT AND OPERATE A 15 UNIT APARTMENT COMPLEX TO PROVIDE HOUSING FOR VERY LOW INCOME PERSONS WITH DEVELOPMENTAL DISABILITITES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $44,003

Program Service Revenue $69,348

Investment Income $1,143

Other Revenue $0

TOTAL REVENUE $114,494

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,138

Fundraising Expenses $0

Program Expenses $210,057

Other Expenses $189,919

TOTAL EXPENSES $210,057

Year-over-Year Comparison

	2024	2023	Change
Revenue	$114,494	$112,201	+0.0%
Expenses	$210,057	$189,555	+0.1%
Net Income	$-95,563	$-77,354	+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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD BARCHET	PRESIDENT	3.00	Officer Director	$0	$0	$0
AL HAFFNER	TREASURER	2.00	Officer Director	$0	$0	$0
PAUL CROSS	SECRETARY	2.00	Officer Director	$0	$0	$0
CARL GUSTAFSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WARNER BLYCKERT	DIRECTOR	1.00	Director	$0	$0	$0
JAN GRIFFIN	DIRECTOR	1.00	Director	$0	$0	$0
BETTY QUINN	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	$114,494	$210,057	$1,523,818	$-95,563
2024	$112,201	$189,555	$1,612,853	$-77,354
2023	$102,245	$190,823	$1,692,123	$-88,578
2022	$96,453	$181,020	$1,781,578	$-84,567
2021	$91,239	$180,040	$1,874,871	$-88,801
2020	$90,499	$170,274	$1,959,542	$-79,775
2019	$93,642	$167,500	$2,034,085	$-73,858

EDISON TERRACE SOUTH