COTTONWOOD RIDGE APARTMENTS (EIN 411889334) - 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

1997

Legal Domicile

Principal Officer

PAM WENDT

Phone

5077234500

Tax Period

2023-10-01 to 2024-09-30

COTTONWOOD RIDGE APARTMENTS, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $118K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $150K exceeded revenue, resulting in a 27% operating deficit.

Mission

HOUSING SERVICES 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $114,506

Investment Income $3,130

Other Revenue $0

TOTAL REVENUE $117,636

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,135

Fundraising Expenses $0

Program Expenses $122,348

Other Expenses $122,500

TOTAL EXPENSES $149,635

Year-over-Year Comparison

	2023	2022	Change
Revenue	$117,636	$89,028	+0.3%
Expenses	$149,635	$130,648	+0.1%
Net Income	$-31,999	$-41,620	-0.2%

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

$88,001

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDSEY BEYER	ADMINISTRATOR	40.00	Officer	$0	$0	$88,001
PAM WENDT	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
MIKE REINER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
KAREN VOGE	Secretary	1.00	Officer Director	$0	$0	$0
DENISE WELLER	Director	1.00	Director	$0	$0	$0
BRACEY LERNER	Director	1.00	Director	$0	$0	$0
WILLIS MEYER	Director	1.00	Director	$0	$0	$0
JUSTIN AMUS	Director	1.00	Director	$0	$0	$0
DARVIN VOGE	Director	1.00	Director	$0	$0	$0
JO SCHWARTZ	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
2024	$117,636	$149,635	$439,870	$-31,999
2023	$89,028	$130,648	$445,025	$-41,620
2022	$92,681	$155,107	$447,389	$-62,426
2021	$101,944	$131,307	$492,641	$-29,363
2020	$104,180	$128,302	$522,503	$-24,122
2019	$91,462	$120,866	$535,168	$-29,404
2018	$91,610	$135,693	$528,556	$-44,083

COTTONWOOD RIDGE APARTMENTS