COUNTRY LANE APARTMENTS INC (EIN 371322506) - 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

1993

Legal Domicile

Principal Officer

KATIE WILSON

Phone

2177733325

Tax Period

2023-07-01 to 2024-06-30

COUNTRY LANE APARTMENTS INC, founded in 1993, is a small nonprofit in the Housing & Shelter sector that reported $107K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $127K exceeded revenue, resulting in a 18% operating deficit.

Mission

HOUSING FOR ELDERLY & DISABLED

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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 $51,696

Program Service Revenue $54,987

Investment Income $375

Other Revenue $0

TOTAL REVENUE $107,058

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $101,333

Other Expenses $126,679

TOTAL EXPENSES $126,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$107,058	$86,579	+0.2%
Expenses	$126,679	$125,759	+0.0%
Net Income	$-19,621	$-39,180	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN DITTMER	V. PRESIDENT	N/A	Officer Director	$0	$0	$0
JERRY EDISON	BOARD MEMBER	N/A	Director	$0	$0	$0
TOM HARTZELL	BOARD MEMBER	N/A	Director	$0	$0	$0
CAITLIN HOBSON	BOARD MEMBER	N/A	Director	$0	$0	$0
BILL HOLLIS	PRESIDENT	N/A	Officer Director	$0	$0	$0
SANDRA PRATHER	BOARD MEMBER	N/A	Director	$0	$0	$0
KATIE WILSON	EXEC DIRECT	N/A	Director	$0	$0	$0
REBECCA WYDELL	SEC/TREAS	N/A	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
2025	No data	No data	No data	No data
2024	$107,058	$126,679	$363,942	$-19,621
2023	$86,579	$125,759	$371,303	$-39,180
2022	$74,076	$118,067	$388,850	$-43,991
2021	$98,029	$122,058	$442,427	$-24,029
2020	$98,682	$156,152	$442,853	$-57,470
2019	$108,492	$141,399	$495,753	$-32,907
2018	$107,141	$129,111	$526,072	$-21,970

COUNTRY LANE APARTMENTS INC