CORTLAND AFFORDABLE SENIOR HOUSING INC (EIN 270014547) - 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

2002

Legal Domicile

Principal Officer

LYNN D DALTON

Phone

6144511919

Tax Period

2024-01-01 to 2024-12-31

CORTLAND AFFORDABLE SENIOR HOUSING INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $185K in total revenue in fiscal year 2024. Expenses of $227K exceeded revenue, resulting in a 22% operating deficit.

Mission

TO PROVIDE HOUSING TO QUALIFIED ELDERLY & HANDICAPPED PERSONS

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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 $73,402

Program Service Revenue $107,957

Investment Income $208

Other Revenue $3,629

TOTAL REVENUE $185,196

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $175,016

Other Expenses $226,744

TOTAL EXPENSES $226,744

Year-over-Year Comparison

	2024	2023	Change
Revenue	$185,196	$180,214	+0.0%
Expenses	$226,744	$232,245	0.0%
Net Income	$-41,548	$-52,031	-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

$120,000

Total Directors

$120,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LYNN D DALTON	PRESIDENT	1.00	Officer Director	$0	$0	$120,000
ELLEN H HARDYMON	BOARD MEMBER	1.00	Director	$0	$0	$0
THOMAS F HAVENS	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT MANGOLD	BOARD MEMBER	1.00	Director	$0	$0	$0
CHARLES PECK	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN RUTH	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLE WILEY	BOARD MEMBER	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
2024	$185,196	$226,744	$1,140,801	$-41,548
2023	$180,214	$232,245	$1,180,723	$-52,031
2022	$173,192	$220,147	$1,233,031	$-46,955
2021	$171,156	$211,618	$1,280,293	$-40,462
2020	$176,894	$208,520	$1,319,619	$-31,626
2019	$174,855	$209,369	$1,351,977	$-34,514
2018	$153,072	$199,837	$1,385,025	$-46,765

CORTLAND AFFORDABLE SENIOR HOUSING INC