THE SALVATION ARMY BROOMFIELD RESIDENCES INC (EIN 330612653) - 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

1996

Legal Domicile

Principal Officer

DOUGLAS RILEY

Phone

5624918775

Tax Period

2024-10-01 to 2025-09-30

THE SALVATION ARMY BROOMFIELD RESIDENCES INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $777K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $930K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE SALVATION ARMY BROOMFIELD RESIDENCES INC IS A NON-PROFIT APARTMENT COMPLEX THAT PROVIDES SUBSIDIZED HOUSING TO LOW INCOME ELDERLY OR HANDICAPPED 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 $336,144

Program Service Revenue $416,645

Investment Income $23,866

Other Revenue $0

TOTAL REVENUE $776,655

Expense Breakdown

Grants Paid $0

Salaries & Benefits $232,000

Fundraising Expenses $0

Program Expenses $855,819

Other Expenses $698,259

TOTAL EXPENSES $930,259

Year-over-Year Comparison

	2024	2023	Change
Revenue	$776,655	$660,882	+0.2%
Expenses	$930,259	$796,057	+0.2%
Net Income	$-153,604	$-135,175	+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

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

$311,202

Total Directors

$1,036,822

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILIP LUM	DIRECTOR	1.00	Director	$0	$29,460	$188,620
DEBBIE LUM	DIRECTOR	1.00	Director	$0	$29,460	$177,370
DOUGLAS RILEY	PRESIDENT	1.00	Officer Director	$0	$31,929	$109,814
COLLEEN RILEY	DIRECTOR	1.00	Director	$0	$31,929	$107,050
KELLY PONSTLER	TREASURER	1.00	Officer Director	$0	$46,150	$106,195
GENEVERA VINCENT	DIRECTOR	1.00	Director	$0	$38,491	$95,193
EDDIE VINCENT	VP	1.00	Officer Director	$0	$38,491	$95,193
JENNIFER WILD	DIRECTOR	1.00	Director	$0	$27,585	$78,694
IVAN WILD	DIRECTOR	1.00	Director	$0	$27,585	$78,693
MERLE HEATWOLE	CHAIRMAN	0.00	Officer 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
2025	$776,655	$930,259	$2,584,219	$-153,604
2024	No data	No data	No data	No data
2023	$671,150	$684,035	$2,847,315	$-12,885
2022	$639,388	$640,705	$2,843,906	$-1,317
2021	$611,420	$776,275	$2,893,790	$-164,855
2020	$592,903	$716,480	$3,010,770	$-123,577
2019	$572,655	$677,633	$3,167,914	$-104,978
2018	$554,984	$613,953	$3,233,459	$-58,969

THE SALVATION ARMY BROOMFIELD RESIDENCES INC