Residents Council of Canterbury Court Inc

EIN: 273304976 501(c)(3) Health Care

Atlanta, GA

Total Revenue
$305,000
Total Expenses
$286,310
Total Assets
$331,293
Net Assets
$331,293
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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
GA
Phone
4045025855
Tax Period
2024-01-01 to 2024-12-31

Residents Council of Canterbury Court Inc, founded in 2010, is a small nonprofit in the Health Care sector that reported $305K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $286K left a modest 6% surplus.

Mission

To enrich the lives of all who live and work in our retirement community by providing social activities and membership services for the elderly residents and appreciation bonus and scholarship programs for the caring employees.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $254,232
Program Service Revenue $0
Investment Income $13,831
Other Revenue $36,937
TOTAL REVENUE $305,000

Expense Breakdown

Grants Paid $257,904
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $277,670
Other Expenses $28,406
TOTAL EXPENSES $286,310

Year-over-Year Comparison

2024 2023 Change
Revenue $305,000 $225,216 +0.4%
Expenses $286,310 $176,290 +0.6%
Net Income $18,690 $48,926 -0.6%
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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
125

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
5
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Martha Solano President 10.00
Officer Director
$0 $0 $0
Ann Pearce Vice President 10.00
Officer Director
$0 $0 $0
Barbara Blender Secretary 10.00
Officer Director
$0 $0 $0
Jean Schick Treasurer 20.00
Officer Director
$0 $0 $0
Virgil Brown Past President 10.00
Officer Director
$0 $0 $0
Jim Coomer Member at Large 5.00
Director
$0 $0 $0
Mary Patton Higgins Member at Large 5.00
Director
$0 $0 $0
Aaron Johnson Member at Large 5.00
Director
$0 $0 $0
Margaret Jones Member at Large 5.00
Director
$0 $0 $0
Pat Miller Member at Large 5.00
Director
$0 $0 $0
Bill Newton Member at Large 5.00
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 No data No data No data No data
2024 $305,000 $286,310 $331,293 $18,690
2023 $225,216 $176,290 $313,157 $48,926
2022 $172,134 $243,854 $262,914 $-71,720
2021 $228,528 $188,114 $331,274 $40,414
2020 $242,523 $230,462 $291,177 $12,061
2019 $240,670 $238,556 $278,644 $2,114
2018 $278,354 $247,976 $276,914 $30,378
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