COVENTRY PLACE INC C/O COMMUNITY RENEWAL TEAM (EIN 412134403) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

JEFFREY WALSH

Phone

8605605639

Tax Period

2023-01-01 to 2023-12-31

COVENTRY PLACE INC C/O COMMUNITY RENEWAL TEAM, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $406K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $471K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $401,109

Investment Income $72

Other Revenue $4,352

TOTAL REVENUE $405,533

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $421,374

Other Expenses $471,250

TOTAL EXPENSES $471,250

Year-over-Year Comparison

	2023	2022	Change
Revenue	$405,533	$328,578	+0.2%
Expenses	$471,250	$435,794	+0.1%
Net Income	$-65,717	$-107,216	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$397,195

Total Directors

$492,055

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER ROACH	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARY ROSE	DIRECTOR	1.00	Director	$0	$0	$0
JAMES PESTANA JR	SECRETARY/TREASURER	1.00	Officer Director	$0	$26,570	$146,120
JOSE VEGA	DIRECTOR	1.00	Director	$0	$14,985	$80,588
NANCY PAPPAS	DIRECTOR	1.00	Director	$0	$0	$0
JULIE ACKERMAN	DIRECTOR	1.00	Director	$0	$26,734	$155,211
BRENDA RANSOM	VICE CHAIRPERSON	1.00	Officer Director	$0	$3,884	$110,136
JEFFREY WALSH	CFO	1.00	Officer	$0	$2,461	$140,939

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	$405,533	$471,250	$3,158,878	$-65,717
2022	$328,578	$435,794	$3,199,759	$-107,216
2021	$301,787	$388,402	$3,238,064	$-86,615
2020	$338,630	$386,822	$3,283,444	$-48,192
2019	$328,516	$424,701	$3,323,399	$-96,185
2018	$318,453	$367,692	$3,387,557	$-49,239

COVENTRY PLACE INC C/O COMMUNITY RENEWAL TEAM