Qumbya Inc (EIN 383125525) - 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

2009

Legal Domicile

Principal Officer

Marijke Wijnen

Phone

5743230983

Tax Period

2023-09-01 to 2024-08-31

Qumbya Inc, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $477K in total revenue in fiscal year 2023. Expenses of $442K left a modest 7% surplus.

Mission

Providing housing for low-income residents via cooperative housing

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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 $477,318

Investment Income $0

Other Revenue $0

TOTAL REVENUE $477,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $406

Fundraising Expenses $0

Program Expenses $433,712

Other Expenses $441,573

TOTAL EXPENSES $441,979

Year-over-Year Comparison

	2023	2022	Change
Revenue	$477,318	$473,645	+0.0%
Expenses	$441,979	$440,787	+0.0%
Net Income	$35,339	$32,858	+0.1%

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
Christian Smith	President	3.00	Officer Director	$0	$0	$0
Alex Lamers	Board Member	3.00	Director	$0	$0	$0
Katie Lacroix	Board Member	3.00	Director	$0	$0	$0
Marijke Wijnen	Treasurer	3.00	Officer Director	$0	$0	$0
Laurel Bornman	Board Member	3.00	Director	$0	$0	$0
Maeve Orlowski - Scherer	Secretary	3.00	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	$477,318	$441,979	$243,034	$35,339
2023	$473,645	$440,787	$131,014	$32,858
2022	$554,679	$749,556	$97,419	$-194,877
2021	$608,352	$503,464	$286,700	$104,888
2020	$541,897	$617,638	$201,166	$-75,741
2019	$615,577	$558,009	$287,109	$57,568

Qumbya Inc