GARDEN TERRACE COMMONS SENIOR HOUSING (EIN 300003273) - 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

2001

Legal Domicile

Principal Officer

JENNIFER ANDERSON

Phone

6512911750

Tax Period

2024-01-01 to 2024-12-31

GARDEN TERRACE COMMONS SENIOR HOUSING, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $343K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $446K exceeded revenue, resulting in a 30% operating deficit.

Mission

TO PROVIDE HOUSING AND SERVICES TO ELDERLY AND DISABLED 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 $0

Program Service Revenue $340,655

Investment Income $1,910

Other Revenue $0

TOTAL REVENUE $342,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $446,232

Other Expenses $446,232

TOTAL EXPENSES $446,232

Year-over-Year Comparison

	2024	2023	Change
Revenue	$342,565	$255,476	+0.3%
Expenses	$446,232	$387,597	+0.2%
Net Income	$-103,667	$-132,121	-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

$496,784

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT AXTMANN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ALBERTA BINKER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BETH SALZL	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT LONG	DIRECTOR	1.00	Director	$0	$0	$0
GABRIEL QUINN	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA RILEY	FORMER CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$15,031	$174,002
THOMAS ADAMS	EXECUTIVE VICE PRESIDENT	1.00	Officer	$0	$23,297	$225,273
JENNIFER ANDERSON	INTERIM CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$6,194	$97,509

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	$342,565	$446,232	$1,977,591	$-103,667
2023	$255,476	$387,597	$1,925,752	$-132,121
2022	$243,927	$387,118	$2,020,522	$-143,191
2021	$258,558	$339,926	$2,052,508	$-81,368
2020	$248,215	$302,898	$2,109,671	$-54,683
2019	$236,382	$316,218	$2,169,158	$-79,836
2018	$222,045	$298,463	$2,218,913	$-76,418

GARDEN TERRACE COMMONS SENIOR HOUSING