ABTK INC (EIN 391763109) - 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

1992

Legal Domicile

Principal Officer

LINDA KITTLESON

Phone

6088224777

Tax Period

2024-01-01 to 2024-12-31

ABTK INC, founded in 1992, is a small nonprofit that reported $372K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $114K, a strong 31% operating margin.

Mission

FEDERALLY ASSISTED AND REGULATED (BY USDA RURAL DEVELOPMENT) AFFORDABLE HOUSING COMPLEXES THAT PROVIDE LOW-COST RENTAL UNITS TO LOW-INCOME FAMILIES AND ELDERLY TENANTS IN RURAL COMMUNITIES OF WISCONSIN AND ILLINOIS.

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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 $334,484

Investment Income $33,581

Other Revenue $4,021

TOTAL REVENUE $372,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,614

Fundraising Expenses $0

Program Expenses $251,861

Other Expenses $227,329

TOTAL EXPENSES $257,943

Year-over-Year Comparison

	2024	2023	Change
Revenue	$372,086	$338,724	+0.1%
Expenses	$257,943	$261,964	0.0%
Net Income	$114,143	$76,760	+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

N/A

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
LINDA M KITTLESON	PRESIDENT/TREASURER	1.00	Officer Director	$0	$0	$0
TY J KITTLESON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHERINE R RICE	SECRETARY	1.00	Officer Director	$0	$0	$0
KARI ADDISON	MEMBER	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
2024	$372,086	$257,943	$2,014,041	$114,143
2023	$338,724	$261,964	$1,957,795	$76,760
2022	$314,054	$271,845	$1,917,224	$42,209
2021	$383,006	$255,364	$1,904,415	$127,642
2020	$305,937	$262,137	$1,804,524	$43,800
2019	$286,125	$249,960	$1,893,474	$36,165
2018	$286,645	$234,138	$1,875,957	$52,507

ABTK INC