United Church Residences of Delaware (EIN 341553081) - 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

1987

Legal Domicile

Phone

7403824885

Tax Period

2024-01-01 to 2024-12-31

United Church Residences of Delaware, founded in 1987, is a small nonprofit that reported $605K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $569K left a modest 6% surplus.

Mission

To Provide Safe and Affordable Housing for Low-Income 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 $371,161

Program Service Revenue $194,614

Investment Income $203

Other Revenue $39,356

TOTAL REVENUE $605,334

Expense Breakdown

Grants Paid $0

Salaries & Benefits $82,547

Fundraising Expenses $0

Program Expenses $201,763

Other Expenses $486,850

TOTAL EXPENSES $569,397

Year-over-Year Comparison

	2024	2023	Change
Revenue	$605,334	$552,201	+0.1%
Expenses	$569,397	$476,570	+0.2%
Net Income	$35,937	$75,631	-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

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

$1,134,814

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dick Beck	Officer	0.10	Director	$0	$0	$0
Sue Ellis	Officer	0.10	Director	$0	$0	$0
Sue Shedler	Officer	0.10	Director	$0	$0	$0
Jim Henry	Officer	0.10	Director	$0	$0	$0
Tom Brownfield	Officer	0.10	Director	$0	$0	$0
Dan Busch	Officer	0.10	Director	$0	$0	$0
John Krueger	Officer	0.10	Director	$0	$0	$0
Joyce Schroer	Officer	0.10	Director	$0	$0	$0
Cathy Green	President	0.25	Officer	$0	$0	$0
John Renner	Treasurer	0.25	Key Emp	$0	$50,772	$462,483
Terry Spitznagel	Secretary	0.25	Key Emp	$0	$48,829	$459,103
Daniel C Fagan Jr	Vice President	0.25	Key Emp	$0	$20,000	$213,228

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	$605,334	$569,397	$1,124,887	$35,937
2023	$552,201	$476,570	$1,144,944	$75,631
2022	$513,868	$528,978	$1,090,781	$-15,110
2021	$542,950	$471,994	$1,053,682	$70,956
2020	$520,333	$461,962	$1,007,108	$58,371
2019	$494,253	$473,337	$995,680	$20,916
2018	$493,227	$488,093	$983,101	$5,134

United Church Residences of Delaware