FORT HUDSON RESIDENCES INC (EIN 311655779) - 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

1999

Legal Domicile

Principal Officer

ANDREW CRUIKSHANK

Phone

5187472811

Tax Period

2024-01-01 to 2024-12-31

FORT HUDSON RESIDENCES INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $986K in total revenue in fiscal year 2024. The organization ran a surplus of $286K, a strong 29% operating margin.

Mission

TO PROVIDE HOUSING FOR THE ELDERLY, SPECIFICALLY DESIGNED TO MEET THEIR NEEDS.

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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 $985,585

Investment Income $0

Other Revenue $0

TOTAL REVENUE $985,585

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $548,553

Other Expenses $699,983

TOTAL EXPENSES $699,983

Year-over-Year Comparison

	2024	2023	Change
Revenue	$985,585	$981,291	+0.0%
Expenses	$699,983	$721,770	0.0%
Net Income	$285,602	$259,521	+0.1%

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

$773,613

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER YOUNG	PRESIDENT	0.40	Officer Director	$0	$0	$0
SARAH WRIGHT	SECRETARY	0.40	Officer Director	$0	$0	$0
JACK MORPHIS	TREASURER	0.40	Officer Director	$0	$0	$0
JASON MCCANN	DIRECTOR	0.40	Director	$0	$0	$0
KEVIN HAYES	DIRECTOR	0.40	Director	$0	$0	$0
KEVIN COTO	DIRECTOR	0.40	Director	$0	$0	$0
J LAWRENCE PALTROWITZ	DIRECTOR	0.40	Director	$0	$0	$0
GRETCHEN STAFFAN	DIRECTOR	0.40	Director	$0	$0	$0
SUZANNE BLOOD	DIRECTOR	0.40	Director	$0	$0	$0
JOHN SCHURGA	DIRECTOR	0.40	Director	$0	$0	$0
ANDREW CRUIKSHANK	CEO	0.40	Officer	$0	$107,908	$490,288
JOHN COBURN	CFO	0.40	Officer	$0	$62,357	$283,325

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	$985,585	$699,983	$806,979	$285,602
2023	$981,291	$721,770	$822,076	$259,521
2022	$957,643	$743,289	$2,560,116	$214,354
2021	$936,900	$707,706	$2,326,235	$229,194
2020	$869,241	$717,808	$2,115,957	$151,433
2019	$937,046	$727,459	$1,951,795	$209,587
2018	$938,424	$696,898	$1,885,251	$241,526

FORT HUDSON RESIDENCES INC