ABCAP HOUSING L INC LAFAYETTE PLACE APARTMENTS (EIN 311589841) - 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

1998

Legal Domicile

Phone

9373786041

Tax Period

2018-01-01 to 2018-12-31

ABCAP HOUSING L INC LAFAYETTE PLACE APARTMENTS, founded in 1998, is a micro nonprofit that reported $45K in total revenue in fiscal year 2018. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $64K exceeded revenue, resulting in a 40% operating deficit.

Mission

TO PROVIDE FACILITIES & SERVICES DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS FOR ELDERLY AND HANDICAPPED INDIVIDUALS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $45,113

Investment Income $32

Other Revenue $316

TOTAL REVENUE $45,461

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,702

Fundraising Expenses $0

Program Expenses $57,296

Other Expenses $59,844

TOTAL EXPENSES $63,546

Year-over-Year Comparison

	2018	2017	Change
Revenue	$45,461	$147,867	-0.7%
Expenses	$63,546	$186,432	-0.7%
Net Income	$-18,085	$-38,565	-0.5%

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	Role	Reportable Comp	Other Comp	Total
JANIE PHILLIPS	FISCAL DIRECTOR	Director	$0	$0	$0
MARY CASSIDY	Trustee	Director	$0	$0	$0
SANDY ADKINS	Trustee	Director	$0	$0	$0
BONITA HASS	Trustee	Director	$0	$0	$0
GENE BISHOP	Trustee	Director	$0	$0	$0
MANDY REIS	Trustee	Director	$0	$0	$0
ALVIN M NORRIS	President	Officer	$0	$0	$0
NANCY DARBY	Secretary	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
2018	$45,461	$63,546	No data	$-18,085

ABCAP HOUSING L INC LAFAYETTE PLACE APARTMENTS