FIND-A-WAY II COMMUNITY URBAN REDEV CORP C/O LADD INC (EIN 311207764) - 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

1982

Legal Domicile

Principal Officer

SUSAN BROWNKNIGHT

Phone

5138615233

Tax Period

2024-10-01 to 2025-09-30

FIND-A-WAY II COMMUNITY URBAN REDEV CORP C/O LADD INC, founded in 1982, is a small nonprofit in the Housing & Shelter sector that reported $593K in total revenue in fiscal year 2024. Expenses of $550K left a modest 7% surplus.

Mission

PROVIDE AND OPERATE RESIDENTIAL FACILITIES FOR PEOPLE WHO ARE MENTALLY AND/OR PHYSICALLY DISABLED.

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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 $591,246

Investment Income $1,342

Other Revenue $97

TOTAL REVENUE $592,685

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $434,483

Other Expenses $550,005

TOTAL EXPENSES $550,005

Year-over-Year Comparison

	2024	2023	Change
Revenue	$592,685	$569,524	+0.0%
Expenses	$550,005	$563,271	0.0%
Net Income	$42,680	$6,253	+5.8%

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

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
MAGGIE PALAZZOLO	PRESIDENT/TREASURER	1.00	Officer Director	$0	$0	$0
WILL GOERING	VICE PRESIDENT/SECRETARY	1.00	Officer Director	$0	$0	$0
VALLIE GEIER	DIRECTOR	1.00	Director	$0	$0	$0
GARY GILBERT	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN BROWNKNIGHT	CHIEF EXECUTIVE OFFICER	4.00	Officer	$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	$592,685	$550,005	$952,383	$42,680
2024	$569,524	$563,271	$965,198	$6,253
2023	$541,502	$569,272	$1,021,698	$-27,770
2022	$567,314	$514,301	$1,039,610	$53,013
2021	$532,774	$518,640	$1,089,563	$14,134
2020	$529,010	$497,028	$1,089,994	$31,982
2019	$515,428	$512,516	$1,109,426	$2,912
2018	$505,678	$521,766	$1,135,687	$-16,088

FIND-A-WAY II COMMUNITY URBAN REDEV CORP C/O LADD INC