GRANGE ACRES IIIIV NONPROFIT CORPORATION (EIN 371753984) - 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

2015

Legal Domicile

Principal Officer

THOMAS LAPKA

Phone

5178874200

Tax Period

2024-07-01 to 2025-06-30

GRANGE ACRES IIIIV NONPROFIT CORPORATION, founded in 2015, is a community nonprofit in the Housing & Shelter sector that reported $1.9M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $308K, a strong 17% operating margin.

Mission

TO PROVIDE HOUSING TO LOW INCOME SENIOR CITIZENS AND HANDICAPPED INDIVIDUALS AGE 55 OR OLDER.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,852,929

Investment Income $5,183

Other Revenue $5,184

TOTAL REVENUE $1,863,296

Expense Breakdown

Grants Paid $1,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $878,679

Other Expenses $1,554,557

TOTAL EXPENSES $1,555,557

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,863,296	$1,715,134	+0.1%
Expenses	$1,555,557	$1,484,885	+0.0%
Net Income	$307,739	$230,249	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHARON POPLER	DIRECTOR	1.00	Director	$0	$0	$0
PEGGY JOHNSTON	DIRECTOR	1.00	Director	$0	$0	$0
MIKKI DROSTE	SECRETARY	1.00	Officer Director	$0	$0	$0
KATIE VONDRA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS J LAPKA	PRESIDENT	1.00	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
2025	$1,863,296	$1,555,557	$8,398,104	$307,739
2024	$1,715,134	$1,484,885	$8,068,349	$230,249
2023	$1,063,179	$1,454,132	$7,858,017	$-390,953
2022	$1,130,119	$1,140,330	$7,754,022	$-10,211
2021	$932,391	$1,232,275	$7,392,582	$-299,884
2020	$1,273,717	$1,241,067	$7,145,588	$32,650
2019	$1,420,475	$1,309,107	$6,897,465	$111,368

GRANGE ACRES IIIIV NONPROFIT CORPORATION