COLCHESTER PROPERTIES INC CO ALBION COLLEGE (EIN 382025320) - 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

1972

Legal Domicile

Phone

5176290540

Tax Period

2024-07-01 to 2025-06-30

COLCHESTER PROPERTIES INC CO ALBION COLLEGE, founded in 1972, is a micro nonprofit that reported $48K in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $134K exceeded revenue, resulting in a 180% operating deficit.

Mission

501(C)(2) COLCHESTER PROPERTIES, INC. IS A REAL ESTATE HOLDING COMPANY FOR ALBION COLLEGE. ITS PURPOSE IS TO ACQUIRE PROPERTY ADJACENT TO ALBION COLLEGE PROPERTY FOR POSSIBLE FUTURE DEVELOPMENT AND EXPANSION OF THE COLLEGE. HELD PROPERTIES, IF POSSIBLE, ARE RENTED TO MEMBERS OF THE COMMUNITY, IF NOT SUITABLE THE STRUCTURES ARE RAZED AND HELD AS VACANT LAND.

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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 $47,550

Investment Income $0

Other Revenue $325

TOTAL REVENUE $47,875

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $134,201

TOTAL EXPENSES $134,201

Year-over-Year Comparison

	2024	2023	Change
Revenue	$47,875	$310,605	-0.8%
Expenses	$134,201	$125,075	+0.1%
Net Income	$-86,326	$185,530	-1.5%

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

N/A

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

$484,474

Total Directors

$484,474

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amanda Ewers	Treasurer	1.0	Officer Director	$0	$15,609	$99,241
Daniel Valles	MANAGER (START 10/2024)	1.0	Officer Director	$0	$2,855	$46,392
MICHAEL FOX	MANAGER (LEFT 10/2024)	1.0	Officer Director	$0	$36,003	$199,238
W Scott Roberts	Controller	1.0	Officer Director	$0	$37,415	$139,603

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	$47,875	$134,201	$408,179	$-86,326
2024	No data	No data	No data	No data
2023	$60,786	$155,907	$456,358	$-95,121
2022	$103,222	$150,178	$535,076	$-46,956
2021	$8,901	$85,702	$569,300	$-76,801
2020	$72,055	$122,758	$656,247	$-50,703
2019	$93,632	$144,256	$713,352	$-50,624
2018	$102,880	$120,109	$892,603	$-17,229

COLCHESTER PROPERTIES INC CO ALBION COLLEGE