Columbus Colony Inc (EIN 341265105) - 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

1977

Legal Domicile

Principal Officer

Elwin Babb

Phone

6148905533

Tax Period

2023-01-01 to 2023-12-31

Columbus Colony Inc, founded in 1977, is a small nonprofit that reported $287K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $192K, a strong 67% operating margin.

Mission

CCI has developed and manages three non-for-profit projects, a 150 bed nursing facility, a 106 unit elderly housing apartment building (HUD) and a 49 unit elderly apt. bldg.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $287,327

Investment Income $0

Other Revenue $0

TOTAL REVENUE $287,327

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,244

Fundraising Expenses $0

Program Expenses $95,494

Other Expenses $61,250

TOTAL EXPENSES $95,494

Year-over-Year Comparison

	2023	2022	Change
Revenue	$287,327	$246,314	+0.2%
Expenses	$95,494	$140,962	-0.3%
Net Income	$191,833	$105,352	+0.8%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bobby Blessing	Trustee	1.00	Director	$0	$0	$0
Kim Sutton	Trustee	1.00	Director	$0	$0	$0
Delila Dusenbury	Trustee	1.00	Director	$0	$0	$0
Elwin Babb	Treasurer-Interin	1.00	Officer Director	$0	$0	$0
Mary Penny	Trustee	1.00	Director	$0	$0	$0
Howard Snyder	Treasurer-Interim	1.00	Officer Director	$0	$0	$0
Derek Svec	Trustee	1.00	Director	$0	$0	$0
Ricard Penny	Board-Secretary	1.00	Officer Director	$0	$0	$0
Darrell Doudt	President	1.00	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
2024	No data	No data	No data	No data
2023	$287,327	$95,494	$904,606	$191,833
2022	$246,314	$140,962	$757,423	$105,352
2021	$297,611	$93,839	$608,631	$203,772
2020	$300,169	$85,861	$404,107	$214,308
2019	$76,220	$84,864	$191,621	$-8,644
2018	$74,628	$111,658	$199,773	$-37,030

Columbus Colony Inc