NORTHWEST TOWER RESIDENTS ASSOCIATION (EIN 363907906) - 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

1996

Legal Domicile

Principal Officer

FAYE JENKINS

Phone

3126339057

Tax Period

2023-01-01 to 2023-12-31

NORTHWEST TOWER RESIDENTS ASSOCIATION, founded in 1996, is a community nonprofit in the Housing & Shelter sector that reported $2.7M in total revenue in fiscal year 2023. Expenses of $3.3M exceeded revenue, resulting in a 25% operating deficit.

Mission

OPERATION OF A HUD PROPERTY FOR LOW TO MODERATE INCOME INDIVIDUALS AND FAMILIES.

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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 $1,762,503

Program Service Revenue $870,536

Investment Income $46,435

Other Revenue $0

TOTAL REVENUE $2,679,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $379,989

Fundraising Expenses $0

Program Expenses $3,151,212

Other Expenses $2,956,944

TOTAL EXPENSES $3,336,933

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,679,474	$2,495,637	+0.1%
Expenses	$3,336,933	$3,421,117	0.0%
Net Income	$-657,459	$-925,480	-0.3%

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
CLAUDETTE BEAUMONT	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE DELONEY	DIRECTOR	1.00	Director	$0	$0	$0
EARNEST DELONEY	DIRECTOR	1.00	Director	$0	$0	$0
QUINESHA DELONEY	DIRECTOR	1.00	Director	$0	$0	$0
MARY ANN DICKENS	DIRECTOR	1.00	Director	$0	$0	$0
VIVIAN GAMBLE	DIRECTOR	1.00	Director	$0	$0	$0
ROCHELLE HEARD	DIRECTOR	1.00	Director	$0	$0	$0
FAYE JENKINS	PRESIDENT	2.00	Officer Director	$0	$0	$0
DELANO LUCAS	DIRECTOR	1.00	Director	$0	$0	$0
ROSHEDA MOHOMES	DIRECTOR	1.00	Director	$0	$0	$0
MAXINE ROLLINS	TREASURER	2.00	Officer Director	$0	$0	$0
AMELIA VANN	DIRECTOR	1.00	Director	$0	$0	$0
CONNIE WILKINS	DIRECTOR	1.00	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	$2,679,474	$3,336,933	$18,533,198	$-657,459
2022	$2,495,637	$3,421,117	$19,386,171	$-925,480
2021	$2,683,413	$3,201,835	$20,352,281	$-518,422
2020	$2,539,330	$3,018,278	$21,819,405	$-478,948
2019	$1,637,490	$2,382,500	$22,373,849	$-745,010
2018	$1,526,725	$1,924,064	$16,563,753	$-397,339

NORTHWEST TOWER RESIDENTS ASSOCIATION