CALVARY COMMUNITY SERVICES INC (EIN 411352554) - 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

1980

Legal Domicile

Principal Officer

DAVE DAHL

Phone

7632312974

Tax Period

2023-01-01 to 2023-12-31

CALVARY COMMUNITY SERVICES INC, founded in 1980, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023. Revenue surged 379% from the prior year, signaling strong growth momentum. The organization ran a surplus of $324K, a strong 32% operating margin.

Mission

THE ORGANIZATION IS THE DEVELOPER OF CALVARY CENTER APARTMENTS, AN 80 UNIT APARTMENT BUILDING FOR THE ELDERLY IN GOLDEN VALLEY, MINNESOTA. THE PROJECT HAS A SECTION 8 ASSISTANCE CONTRACT WITH HUD THAT SUBSIDIZES RENT PAID BY TENANTS.

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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 $949,736

Investment Income $64,653

Other Revenue $0

TOTAL REVENUE $1,014,389

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $690,497

Other Expenses $690,497

TOTAL EXPENSES $690,497

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,014,389	$211,819	+3.8%
Expenses	$690,497	$16,083	+41.9%
Net Income	$323,892	$195,736	+0.7%

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
KENT LILLEHAUGEN	BOARD MEMBER	1.00	Director	$0	$0	$0
BOBBY GRIFFIN	BOARD MEMBER	1.00	Director	$0	$0	$0
LOWELL BROMANDER	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRY AMDAHL	TREASURER	1.00	Officer Director	$0	$0	$0
DAVE DAHL	CHAIR	1.00	Officer Director	$0	$0	$0
JULIE HOLMEN	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID GAYLOR	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEVEN OPHEIM	BOARD 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	No data	No data	No data	No data
2023	$1,014,389	$690,497	$6,725,336	$323,892
2022	$211,819	$16,083	$5,054,651	$195,736
2021	$209,308	$17,454	$5,127,133	$191,854
2020	$195,143	$14,733	$4,898,950	$180,410
2019	$192,655	$12,873	$4,630,055	$179,782
2018	$179,170	$12,794	$4,344,994	$166,376

CALVARY COMMUNITY SERVICES INC