Morgandale Commons Inc (EIN 273796382) - 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

2010

Legal Domicile

Phone

3303691533

Tax Period

2024-01-01 to 2024-12-31

Morgandale Commons Inc, founded in 2010, is a micro nonprofit in the Housing & Shelter sector that reported $71K in total revenue in fiscal year 2024. Expenses of $139K exceeded revenue, resulting in a 96% operating deficit.

Mission

Provide elderly or disabled persons with affordable housing facilities.

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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 $0

Program Service Revenue $70,680

Investment Income $208

Other Revenue $0

TOTAL REVENUE $70,888

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $132,207

Other Expenses $138,807

TOTAL EXPENSES $138,807

Year-over-Year Comparison

	2024	2023	Change
Revenue	$70,888	$70,674	+0.0%
Expenses	$138,807	$129,519	+0.1%
Net Income	$-67,919	$-58,845	+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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gilbert L Rieger	President	0.04	Officer Director	$0	$0	$0
William J Turner	Vice-President	0.04	Officer Director	$0	$0	$0
Donald W Emerson Jr	Vice-President & Statutory Agent	0.04	Officer Director	$0	$0	$0
Anthony C Perrone	Secretary	0.04	Officer Director	$0	$0	$0
Steven T Arnold	Treasurer	0.04	Officer Director	$0	$0	$0
Charlene W Allen	Member	0.04	Director	$0	$0	$0
Gloria J Gray	Member	0.04	Director	$0	$0	$0
Mary Ann Menten	Member	0.04	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	$70,888	$138,807	$1,173,485	$-67,919
2023	$70,674	$129,519	$1,221,356	$-58,845
2022	$69,844	$110,352	$1,265,842	$-40,508
2021	$71,540	$113,403	$1,299,106	$-41,863
2020	$73,253	$127,419	$1,338,898	$-54,166
2019	$70,798	$111,708	$1,380,658	$-40,910
2018	$70,534	$116,267	$1,420,331	$-45,733

Morgandale Commons Inc