Lynx Crossing Apartments Inc (EIN 371925844) - 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

2018

Legal Domicile

Principal Officer

Deborah Dutton

Tax Period

2023-01-01 to 2023-12-31

Lynx Crossing Apartments Inc, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $464K in total revenue in fiscal year 2023. Expenses of $534K exceeded revenue, resulting in a 15% operating deficit.

Mission

Operation of an apartment complex for low income elderly and individuals with disabilities. The Organization began operations January 2020.

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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 $283,116

Program Service Revenue $179,014

Investment Income $1,473

Other Revenue $0

TOTAL REVENUE $463,603

Expense Breakdown

Grants Paid $0

Salaries & Benefits $65,668

Fundraising Expenses $0

Program Expenses $527,388

Other Expenses $468,420

TOTAL EXPENSES $534,088

Year-over-Year Comparison

	2023	2022	Change
Revenue	$463,603	$467,136	0.0%
Expenses	$534,088	$520,947	+0.0%
Net Income	$-70,485	$-53,811	+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
Debra Dye	Board Treasurer	1.00	Officer Director	$0	$0	$0
Wesley Thomas	Board Secretary	1.00	Officer Director	$0	$0	$0
Deborah Dutton	Board 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
2024	No data	No data	No data	No data
2023	$463,603	$534,088	$1,919,179	$-70,485
2022	$467,136	$520,947	$2,016,224	$-53,811
2021	$527,707	$498,721	$2,107,919	$28,986
2020	$517,034	$623,897	$2,109,405	$-106,863

Lynx Crossing Apartments Inc