FLINT HEIGHTS SENIOR CITIZENS APARTMENT ASSOCIATIO (EIN 381945919) - 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

1968

Legal Domicile

Principal Officer

LAWRENCE FORD

Tax Period

2023-01-01 to 2023-12-31

FLINT HEIGHTS SENIOR CITIZENS APARTMENT ASSOCIATIO, founded in 1968, is a small nonprofit that reported $686K in total revenue in fiscal year 2023.

Mission

TO PROVIDE AFFORDABLE HOUSING TO SENIOR CITIZENS WITH LOW TO MODERATE INCOME.

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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 $0

Program Service Revenue $644,986

Investment Income $22,056

Other Revenue $18,818

TOTAL REVENUE $685,860

Expense Breakdown

Grants Paid $0

Salaries & Benefits $166,805

Fundraising Expenses $0

Program Expenses $554,444

Other Expenses $503,860

TOTAL EXPENSES $670,665

Year-over-Year Comparison

	2023	2022	Change
Revenue	$685,860	$721,727	0.0%
Expenses	$670,665	$640,930	+0.0%
Net Income	$15,195	$80,797	-0.8%

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

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	Role	Reportable Comp	Other Comp	Total
PEGGY TORTORICE	BOARD MEMBER	Director	$0	$0	$0
MARTIE GERECKE	BOARD MEMBER	Director	$0	$0	$0
JERRY PRESTON	BOARD MEMBER	Director	$0	$0	$0
LARRY STECCO	BOARD MEMBER	Director	$0	$0	$0
LAWRENCE FORD	PRESIDENT	Officer	$0	$0	$0
BRADY SMITH	VICE PRESIDENT	Officer	$0	$0	$0
PAULETTE MASSE	SECRETARY	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
2024	No data	No data	No data	No data
2023	$685,860	$670,665	$988,923	$15,195
2022	$721,727	$640,930	$971,025	$80,797
2021	$730,509	$653,282	$961,914	$77,227
2020	$692,557	$557,047	$1,004,591	$135,510
2019	$720,496	$572,970	$963,300	$147,526
2018	$706,655	$560,503	$1,027,382	$146,152

FLINT HEIGHTS SENIOR CITIZENS APARTMENT ASSOCIATIO