KALONA VALLEY APARTMENTS INC (EIN 421089265) - 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

1977

Legal Domicile

Principal Officer

PHIL ROPP

Phone

5634326160

Tax Period

2024-09-01 to 2025-08-31

KALONA VALLEY APARTMENTS INC, founded in 1977, is a small nonprofit that reported $339K in total revenue in fiscal year 2024. Expenses of $290K left a modest 15% surplus.

Mission

HOUSING FOR LOW-INCOME SENIOR CITIZENS.

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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 $338,894

Investment Income $30

Other Revenue $0

TOTAL REVENUE $338,924

Expense Breakdown

Grants Paid $0

Salaries & Benefits $18,000

Fundraising Expenses $0

Program Expenses $244,858

Other Expenses $271,703

TOTAL EXPENSES $289,703

Year-over-Year Comparison

	2024	2023	Change
Revenue	$338,924	$314,575	+0.1%
Expenses	$289,703	$303,843	0.0%
Net Income	$49,221	$10,732	+3.6%

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

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
JUNITA TROYER LEFT FY 2025	DIRECTOR	N/A	Director	$0	$0	$0
LARRY KERN LEFT FY 2025	DIRECTOR	N/A	Director	$0	$0	$0
JENELLE BENDER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
TYLER COBLENTZ	DIRECTOR	1.00	Director	$0	$0	$0
EDWIN HERSHBERGER	DIRECTOR	1.00	Director	$0	$0	$0
PHIL ROPP	PRESIDENT	1.00	Officer Director	$0	$0	$0
STEPHANIE SCHLABAUGH	DIRECTOR	1.00	Director	$0	$0	$0
MARK SCHNEIDER	DIRECTOR	1.00	Director	$0	$0	$0
JUDY SHOWALTER	SECRETARY	1.00	Officer Director	$0	$0	$0
LANCE SLABACH	DIRECTOR	1.00	Director	$0	$0	$0
EILEEN YOTTY	TREASURER	1.00	Officer 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
2025	$338,924	$289,703	$1,037,646	$49,221
2024	$314,575	$303,843	$1,025,537	$10,732
2023	$287,008	$300,245	$1,059,026	$-13,237
2022	$271,921	$274,156	$1,108,588	$-2,235
2021	$272,981	$273,669	$1,146,227	$-688
2020	$269,280	$265,422	$1,180,801	$3,858
2019	$260,490	$270,706	$1,203,556	$-10,216
2018	$293,062	$257,872	$1,243,872	$35,190

KALONA VALLEY APARTMENTS INC