RACOR INC HERITAGE APARTMENTS (EIN 391501522) - 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

1984

Legal Domicile

Principal Officer

GREGORY BRANDT

Phone

7158346302

Tax Period

2025-01-01 to 2025-12-31

RACOR INC HERITAGE APARTMENTS, founded in 1984, is a small nonprofit that reported $200K in total revenue in fiscal year 2025. Expenses of $176K left a modest 12% surplus.

Mission

PROVIDE HOUSING FOR THE ELDERLY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $171,570

Investment Income $28,568

Other Revenue $0

TOTAL REVENUE $200,138

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $153,671

Other Expenses $176,103

TOTAL EXPENSES $176,103

Year-over-Year Comparison

	2025	2024	Change
Revenue	$200,138	$195,246	+0.0%
Expenses	$176,103	$147,052	+0.2%
Net Income	$24,035	$48,194	-0.5%

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

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
GREGORY BRANDT	PRESIDENT	1.00	Officer Director	$0	$0	$0
LYNN YOLITZ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID MEIER	TREASURER	1.00	Officer Director	$0	$0	$0
RANDOLPH LUNDBLAD	SECRETARY	1.00	Officer Director	$0	$0	$0
ANN GORDON	DIRECTOR	1.00	Director	$0	$0	$0
JUDITH MOSELEY	DIRECTOR	1.00	Director	$0	$0	$0
BENJAMIN HANSON	DIRECTOR	1.00	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	$200,138	$176,103	$1,110,825	$24,035
2024	$195,246	$147,052	$1,088,225	$48,194
2023	$178,517	$158,175	$1,036,875	$20,342
2022	$215,031	$172,085	$1,026,310	$42,946
2021	$219,093	$168,088	$993,912	$51,005
2020	$212,156	$169,639	$972,913	$42,517
2019	$212,436	$178,745	$899,761	$33,691
2018	$219,183	$185,000	$860,412	$34,183

RACOR INC HERITAGE APARTMENTS