MARGARET WAGNER APARTMENTS II INC (EIN 264430804) - 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

2009

Legal Domicile

Principal Officer

ORION H BELL

Phone

2163731602

Tax Period

2023-01-01 to 2023-12-31

MARGARET WAGNER APARTMENTS II INC, founded in 2009, is a micro nonprofit in the Housing & Shelter sector that reported $2.6M in total revenue in fiscal year 2023. Revenue fell 806% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE LOW-INCOME HOUSING, UNDER HUD SECTION 202 PROVISIONS, TO ELDERLY PEOPLE. THERE ARE 36 RENTAL UNITS AVAILABLE FOR THIS PURPOSE.

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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 $146,912

Investment Income $-2,735,205

Other Revenue $1,933

TOTAL REVENUE $-2,586,360

Expense Breakdown

Grants Paid $0

Salaries & Benefits $74,346

Fundraising Expenses $0

Program Expenses $223,564

Other Expenses $163,933

TOTAL EXPENSES $238,279

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-2,586,360	$366,323	-8.1%
Expenses	$238,279	$457,441	-0.5%
Net Income	$-2,824,639	$-91,118	+30.0%

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

$732,416

Total Directors

$839,586

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ORION H BELL IV	PRESIDENT & CEO	1.0	Officer Director	$0	$29,437	$342,411
MARY MARITA	SR VP & COO	2.0	Officer Director	$0	$24,921	$200,011
JANICE BRENNAN	SR. VP & CFO	1.0	Officer Director	$0	$19,720	$189,994
BETH SIPPLE	BOARD MEMBER	1.0	Director	$0	$13,922	$107,170
PATRICIA R FRUTIG JD	CHAIR	1.0	Officer Director	$0	$0	$0
CONNIE HILL-JOHNSON	SECRETARY	1.0	Officer Director	$0	$0	$0
LORI LOZIER MSSA LISW-S LNHA	VICE CHAIR	1.0	Officer 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
2023	$-2,586,360	$238,279	No data	$-2,824,639
2022	$366,323	$457,441	$4,125,217	$-91,118
2021	$371,635	$450,393	$4,209,000	$-78,758
2020	$367,696	$459,790	$4,193,516	$-92,094
2019	$357,260	$480,442	$4,278,358	$-123,182
2018	$358,301	$440,295	$4,178,336	$-81,994

MARGARET WAGNER APARTMENTS II INC