JFM NO 3 CORP (EIN 264545133) - 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

2009

Legal Domicile

Principal Officer

ANDREW COWAN

Phone

2077822726

Tax Period

2024-04-01 to 2025-03-31

JFM NO 3 CORP, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $166K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $200K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO PROVIDE LOW INCOME RENTAL HOUSING TO DISABLED ADULTS.

🔒

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 $128,284

Program Service Revenue $37,076

Investment Income $263

Other Revenue $0

TOTAL REVENUE $165,623

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,221

Fundraising Expenses $0

Program Expenses $178,770

Other Expenses $182,369

TOTAL EXPENSES $199,590

Year-over-Year Comparison

	2024	2023	Change
Revenue	$165,623	$152,252	+0.1%
Expenses	$199,590	$189,846	+0.1%
Net Income	$-33,967	$-37,594	-0.1%

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

$507,546

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN D CLIFFORD V	DIRECTOR	0.00	Director	$0	$0	$0
DEANA KANE	DIRECTOR	0.00	Director	$0	$0	$0
CHRIS CROWLEY	DIRECTOR	0.00	Director	$0	$0	$0
STEVEN SHAVER	TREASURER	0.00	Officer Director	$0	$0	$0
MICHAEL DROUIN	DIRECTOR	0.00	Director	$0	$0	$0
JOHN D CLIFFORD IV	DIRECTOR	0.00	Director	$0	$0	$0
CYNDY PARADIS	DIRECTOR	0.00	Director	$0	$0	$0
JOE O'CONNOR	PRESIDENT	0.00	Officer Director	$0	$0	$0
JOHN V BONNEAU	DIRECTOR	0.00	Director	$0	$0	$0
JOHN DULAC	DIRECTOR	0.00	Director	$0	$0	$0
ANITA DROUIN	VICE PRESIDENT	0.00	Officer Director	$0	$0	$0
RICHELLE WALLACE	SECRETARY	0.00	Officer Director	$0	$0	$0
NORM TANCREDE	DIRECTOR	0.00	Director	$0	$0	$0
RICH CUTLIFFE	DIRECTOR	0.00	Director	$0	$0	$0
ANDREW COWAN	CFO	1.00	Officer	$0	$18,495	$250,892
TODD GOODWIN	CEO	1.00	Officer	$0	$14,253	$256,654

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	$165,623	$199,590	$1,172,111	$-33,967
2024	$152,252	$189,846	$1,199,853	$-37,594
2023	$122,227	$192,104	$1,250,163	$-69,877
2022	$127,845	$198,941	$1,307,688	$-71,096
2021	$104,942	$168,709	$1,325,686	$-63,767
2020	$122,949	$156,035	$1,354,273	$-33,086
2019	$84,977	$148,268	$1,385,539	$-63,291
2018	$90,466	$137,486	$1,442,572	$-47,020

JFM NO 3 CORP