SHALOM TOWER TWO INC (EIN 421135447) - 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

1979

Legal Domicile

Principal Officer

IAN STOCKBERGER

Phone

6414241740

Tax Period

2023-10-01 to 2024-09-30

SHALOM TOWER TWO INC, founded in 1979, is a small nonprofit that reported $314K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Net assets of $927K represent 35 months of operating reserves.

Mission

APARTMENT RENTALS FOR ELDERLY AND DISABLED INDIVIDUALS (HUD PROJECT) - 48 APTS

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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 $146,482

Program Service Revenue $165,467

Investment Income $1,639

Other Revenue $0

TOTAL REVENUE $313,588

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $211,383

Other Expenses $325,804

TOTAL EXPENSES $325,804

Year-over-Year Comparison

	2023	2022	Change
Revenue	$313,588	$344,817	-0.1%
Expenses	$325,804	$313,380	+0.0%
Net Income	$-12,216	$31,437	-1.4%

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

$473,800

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT SMED	CHAIRPERSON	0.10	Officer Director	$0	$0	$0
KATHRYN ALDEN	VICE CHAIR THRU 11/23	0.10	Officer Director	$0	$0	$0
KIRK PAULSON	SEC/TREAS THRU 11/23	0.10	Officer Director	$0	$0	$0
DAVID RUEN	VICE CHAIR EFF 12/23	0.10	Officer Director	$0	$0	$0
TYLER SCHAEFER	SEC/TREAS EFF 11/23	0.10	Officer Director	$0	$0	$0
CONNIE BLEILE	DIRECTOR	0.10	Director	$0	$0	$0
GREG BRAUN	DIRECTOR	0.10	Director	$0	$0	$0
AMY DIXON	DIRECTOR	0.10	Director	$0	$0	$0
BURTON EVERIST	DIRECTOR THRU 11/23	0.10	Director	$0	$0	$0
REV DAN GERRIETTS	DIRECTOR	0.10	Director	$0	$0	$0
JASON GEVING	DIRECTOR THRU 11/23	0.10	Director	$0	$0	$0
MASON HARMS	DIRECTOR	0.10	Director	$0	$0	$0
SAMUEL HUNT	DIRECTOR THRU 11/23	0.10	Director	$0	$0	$0
WHITENY JOHNSTON	DIRECTOR	0.10	Director	$0	$0	$0
LES SELTUN	DIRECTOR	0.10	Director	$0	$0	$0
SCOTT SHIPMAN	DIRECTOR	0.10	Director	$0	$0	$0
DR JERROLD WHITE	DIRECTOR	0.10	Director	$0	$0	$0
ANNE ZOOK	DIRECTOR THRU 11/23	0.10	Director	$0	$0	$0
DR JOHN BOEDEKER	DIRECTOR EFF 12/23	0.10	Director	$0	$0	$0
REV JANE HARRIS	DIRECTOR THRU 12/23	0.10	Director	$0	$0	$0
MARTHA KOCH	DIRECTOR EFF 12/23	0.10	Director	$0	$0	$0
JOHN LANDER	DIRECTOR EFF 12/23	0.10	Director	$0	$0	$0
IAN STOCKBERGER	CEO	5.00	Officer	$0	$711	$304,176
KIMBER KLEVEN	ADMINISTRATOR	3.00	Officer	$0	$0	$169,624

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	$313,588	$325,804	$1,013,542	$-12,216
2023	$344,817	$313,380	$1,040,368	$31,437
2022	$342,038	$262,379	$980,807	$79,659
2021	$373,875	$310,428	$1,018,207	$63,447
2020	$456,519	$321,605	$1,088,555	$134,914
2019	$458,405	$352,625	$1,101,174	$105,780
2018	$462,500	$341,701	$1,127,209	$120,799

SHALOM TOWER TWO INC