Ambassador Senior Residence Inc (EIN 270768599) - 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

Joy Oliver

Phone

2198876418

Tax Period

2024-01-01 to 2024-12-31

Ambassador Senior Residence Inc, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $248K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $232K left a modest 6% surplus.

Mission

To provide housing for the elderly.

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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 $205,706

Program Service Revenue $42,000

Investment Income $2

Other Revenue $0

TOTAL REVENUE $247,708

Expense Breakdown

Grants Paid $251

Salaries & Benefits $192,380

Fundraising Expenses $0

Program Expenses $221,266

Other Expenses $39,012

TOTAL EXPENSES $231,643

Year-over-Year Comparison

	2024	2023	Change
Revenue	$247,708	$305,285	-0.2%
Expenses	$231,643	$299,027	-0.2%
Net Income	$16,065	$6,258	+1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joyce Oliver	Vice President	2.00	Officer Director	$0	$0	$0
Madeline Nichols	Secretary/Treasurer	0.00	Officer Director	$0	$0	$0
Michael Oliver	Board Member	0.00	Director	$0	$0	$0
Willie Winfrey	Board Member	0.00	Director	$0	$0	$0
Joy Y Oliver	President	0.00	Officer Director	$0	$0	$0
Timothy Ojo	Board Member	0.00	Director	$0	$0	$0
Antonio Gholston	Board Member	0.00	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	$247,708	$231,643	$83	$16,065
2023	$305,285	$299,027	$12,345	$6,258
2022	$220,730	$230,012	$5,738	$-9,282
2021	$222,081	$226,811	$7,390	$-4,730
2020	$219,501	$214,561	$9,338	$4,940
2019	$202,817	$206,449	$7,895	$-3,632
2018	$208,544	$213,042	$6,918	$-4,498

Ambassador Senior Residence Inc