METRO TOWERS INC (EIN 431425399) - 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

1986

Legal Domicile

Principal Officer

BRENDA SYLVAN

Phone

8164441900

Tax Period

2024-01-01 to 2024-12-31

METRO TOWERS INC, founded in 1986, is a small nonprofit that reported $506K in total revenue in fiscal year 2024. Expenses of $593K exceeded revenue, resulting in a 17% operating deficit.

Mission

PROVIDE SUBSIDIZED HOUSING FOR LOW INCOME ELDERLY PERSONS.

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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 $335,550

Program Service Revenue $169,669

Investment Income $921

Other Revenue $0

TOTAL REVENUE $506,140

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $465,530

Other Expenses $593,411

TOTAL EXPENSES $593,411

Year-over-Year Comparison

	2024	2023	Change
Revenue	$506,140	$488,811	+0.0%
Expenses	$593,411	$578,585	+0.0%
Net Income	$-87,271	$-89,774	0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA SYLVAN	PRESIDENT	001.00	Officer Director	$0	$0	$0
LINDA JOHNSON	SECRETARY	001.00	Officer Director	$0	$0	$0
N/A	DIRECTOR	000.50	Director	$0	$0	$0
HELEN CASEY	DIRECTOR	001.00	Director	$0	$0	$0
RORY KIRK	DIRECTOR	000.50	Director	$0	$0	$0
JANELLE HARVEY-JORDAN	DIRECTOR	000.50	Director	$0	$0	$0
ANNETE PRESTON	DIRECTOR	000.50	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	$506,140	$593,411	$1,948,665	$-87,271
2023	$488,811	$578,585	$1,996,105	$-89,774
2022	$491,021	$534,188	$2,050,635	$-43,167
2021	$433,795	$491,027	$2,129,764	$-57,232
2020	$332,615	$503,721	$2,195,400	$-171,106
2019	$429,737	$458,261	$2,392,292	$-28,524
2018	$484,680	$489,520	$2,464,947	$-4,840

METRO TOWERS INC