MT ZION SUBURBAN APARTMENTS INC (EIN 351590416) - 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

1974

Legal Domicile

Principal Officer

WILLIS OLDHAM

Phone

3179211950

Tax Period

2023-01-01 to 2023-12-31

MT ZION SUBURBAN APARTMENTS INC, founded in 1974, is a community nonprofit in the Housing & Shelter sector that reported $1.2M in total revenue in fiscal year 2023.

Mission

TO PROVIDE HOUSING FOR THE ELDERLY & HANDICAPPED

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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 $1,159,582

Investment Income $31,309

Other Revenue $18,497

TOTAL REVENUE $1,209,388

Expense Breakdown

Grants Paid $0

Salaries & Benefits $337,543

Fundraising Expenses $0

Program Expenses $1,139,401

Other Expenses $873,823

TOTAL EXPENSES $1,211,366

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,209,388	$1,160,570	+0.0%
Expenses	$1,211,366	$1,158,877	+0.0%
Net Income	$-1,978	$1,693	-2.2%

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

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
PHILLIP CONNER	BOARD MEMBER	2.00	Director	$0	$0	$0
SHEILA COOPER	BOARD MEMBER	2.00	Director	$0	$0	$0
ANTHONY DEFORREST	BOARD MEMBER	2.00	Director	$0	$0	$0
DORIS J DOGGETT	BOARD MEMBER	2.00	Director	$0	$0	$0
WILMA GOLD-JONES	BOARD MEMBER	2.00	Director	$0	$0	$0
MALCOLM ORTON	BOARD MEMBER	2.00	Director	$0	$0	$0
WILLIS OLDHAM	PRESIDENT	2.00	Officer Director	$0	$0	$0
IVAN BAIRD	SECRETARY	2.00	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
2024	No data	No data	No data	No data
2023	$1,209,388	$1,211,366	$1,691,093	$-1,978
2022	$1,160,570	$1,158,877	$1,677,284	$1,693
2021	$1,232,727	$1,050,489	$1,721,222	$182,238
2020	$1,144,046	$1,028,308	$1,547,743	$115,738
2019	$1,119,782	$1,086,071	$1,364,534	$33,711
2018	$1,078,591	$992,417	$1,322,338	$86,174

MT ZION SUBURBAN APARTMENTS INC