FAIRWAY COOPERATIVE ASSOCIATION INC

EIN: 352092492 Housing & Shelter

WEST LAFAYETTE, IN

Total Revenue
$406,898
Total Expenses
$423,616
Total Assets
$953,757
Net Assets
$460,243
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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
1998
Legal Domicile
IN
Principal Officer
GRANT ROBINSON
Phone
7654643155
Tax Period
2023-01-01 to 2023-12-31

FAIRWAY COOPERATIVE ASSOCIATION INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $407K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE ROOM AND BOARD FOR ITS MEMBERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $389,631
Investment Income $0
Other Revenue $17,267
TOTAL REVENUE $406,898

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $423,616
TOTAL EXPENSES $423,616

Year-over-Year Comparison

2023 2022 Change
Revenue $406,898 $373,125 +0.1%
Expenses $423,616 $380,672 +0.1%
Net Income $-16,718 $-7,547 +1.2%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ZACH GARRETT BOARD PRESIDENT 5.00
Officer
$0 $0 $0
GRANT ROBINSON BOARD VP/TREASURER 5.00
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
2023 $406,898 $423,616 $953,757 $-16,718
2022 $373,125 $380,672 $1,013,496 $-7,547
2021 $347,877 $356,108 $1,068,888 $-8,231
2020 $311,264 $324,845 $1,118,901 $-13,581
2019 $338,176 $345,538 $1,172,357 $-7,362
2018 $322,873 $294,444 $1,217,918 $28,429
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