HILLTOP RESIDENCE INC (EIN 411376605) - 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

ERIK BJERKE

Phone

3205987551

Tax Period

2024-10-01 to 2025-09-30

HILLTOP RESIDENCE INC, founded in 1980, is a small nonprofit that reported $245K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HOUSING TO THE ELDERLY AND HANDICAPPED.

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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 $25,000

Program Service Revenue $218,809

Investment Income $200

Other Revenue $1,391

TOTAL REVENUE $245,400

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $198,615

Other Expenses $238,331

TOTAL EXPENSES $238,331

Year-over-Year Comparison

	2024	2023	Change
Revenue	$245,400	$214,252	+0.1%
Expenses	$238,331	$246,776	0.0%
Net Income	$7,069	$-32,524	-1.2%

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

$418,108

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BART HILL	CHAIRMAN	0.10	Officer Director	$0	$0	$0
JASON YOUNG	SECRETARY	0.10	Officer Director	$0	$0	$0
KAREN MCGINTY	DIRECTOR	0.10	Director	$0	$0	$0
KEVIN OLSON	DIRECTOR	0.10	Director	$0	$0	$0
KIM JAHN	DIRECTOR	0.10	Director	$0	$0	$0
TIM VOLK	DIRECTOR	0.10	Director	$0	$0	$0
ERIK BJERKE	CEO	0.50	Officer	$0	$51,814	$278,018
CAROL BORGERSON	CFO	1.00	Officer	$0	$18,843	$140,090

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	$245,400	$238,331	$428,479	$7,069
2024	$214,252	$246,776	$439,279	$-32,524
2023	$186,439	$250,310	$476,963	$-63,871
2022	$192,297	$249,748	$516,525	$-57,451
2021	$205,649	$265,537	$561,837	$-59,888
2020	$240,534	$284,795	$616,206	$-44,261
2019	$267,517	$294,602	$728,585	$-27,085
2018	$280,977	$308,740	$781,157	$-27,763

HILLTOP RESIDENCE INC