MARGARET WAGNER APARTMENTS INC (EIN 341951915) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

ORION H BELL

Phone

2163731602

Tax Period

2023-01-01 to 2023-12-31

MARGARET WAGNER APARTMENTS INC, founded in 2003, is a small nonprofit in the Housing & Shelter sector that reported $218K in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $39K, a strong 18% operating margin.

Mission

TO PROVIDE LOW-INCOME HOUSING, UNDER HUD SECTION 202 PROVISIONS, TO ELDERLY PEOPLE. THERE ARE 24 RENTAL UNITS AVAILABLE FOR THIS PURPOSE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $129,206

Investment Income $87,423

Other Revenue $1,314

TOTAL REVENUE $217,943

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,548

Fundraising Expenses $0

Program Expenses $169,413

Other Expenses $124,852

TOTAL EXPENSES $179,400

Year-over-Year Comparison

	2023	2022	Change
Revenue	$217,943	$292,010	-0.3%
Expenses	$179,400	$349,006	-0.5%
Net Income	$38,543	$-56,996	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$732,416

Total Directors

$839,586

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ORION H BELL IV	PRESIDENT & CEO	1.0	Officer Director	$0	$29,437	$342,411
MARY MARITA	SR VP & COO	2.0	Officer Director	$0	$24,921	$200,011
JANICE BRENNAN	SR. VP & CFO	1.0	Officer Director	$0	$19,720	$189,994
BETH SIPPLE	BOARD MEMBER	1.0	Director	$0	$13,922	$107,170
PATRICIA R FRUTIG JD	CHAIR	1.0	Officer Director	$0	$0	$0
CONNIE HILL-JOHNSON	SECRETARY	1.0	Officer Director	$0	$0	$0
LORI LOZIER MSSA LISW-S LNHA	VICE CHAIR	1.0	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
2023	$217,943	$179,400	No data	$38,543
2022	$292,010	$349,006	$683,943	$-56,996
2021	$299,971	$364,985	$779,062	$-65,014
2020	$368,964	$371,646	$829,208	$-2,682
2019	$287,304	$374,884	$762,361	$-87,580
2018	$284,476	$381,375	$672,043	$-96,899

MARGARET WAGNER APARTMENTS INC