THE CROWN CENTER INC

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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

1995

Legal Domicile

Principal Officer

ANDREW THORP

Phone

3149912055

Tax Period

2025-01-01 to 2025-12-31

THE CROWN CENTER INC, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $3.1M in total revenue in fiscal year 2025. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.6M, a strong 53% operating margin.

Mission

PROVIDE HIGH QUALITY LIVING AND SERVICES TO ENABLE LOWER INCOME OLDER ADULT RESIDENTS OF THE MANAGED APARTMENT BUILDINGS TO FLOURISH INDEPENDENTLY; AND CREATE INSPIRING PROGRAMMING TO ENABLE BOTH RESIDENTS AND COMMUNITY SENIORS TO MAINTAIN AN ACTIVE AND HEALTHY LIFESTYLE. SERVICES ARE PROVIDED FREE OF CHARGE OR FOR A NOMINAL FEE AND INCLUDE TRANSPORTATION, NUTRITION, HEALTH EDUCATION AND PREVENTIVE SCREENINGS, ADVOCACY, COUNSELING, CASE MANAGEMENT, AND SOCIAL WORK SUPPORT.PROGRAMS INCLUDE PHYSICAL FITNESS AND EXERCISE OPTIONS; SOCIAL, CULTURAL, ARTS, GARDENING, AND VOLUNTEER OPPORTUNITIES.

Program Service Accomplishments

Program 1

Expenses: $855,236 Revenue: $666,310

CROWN CENTER PROVIDES SUPPORTIVE SERVICES AND PROGRAMMING TO RESIDENTS OF COUNCIL APARTMENTS, INC. AND COUNCIL APARTMENTS II, INC. THESE ENTITIES PROVIDE LOW-INCOME HOUSING FOR SENIOR ADULTS. CROWN CENTER ALSO PROVIDES HEALTH AND WELLNESS PROGRAMS, NUTRITION PROGRAMS, TRANSPORTATION, SOCIAL WORK AND CASE MANAGEMENT SERVICES, CULTURAL, SOCIAL AND EDUCATIONAL PROGRAMMING, AND COMMUNITY RESOURCES TO ADULT SENIORS RESIDING IN COUNCIL APARTMENTS AND COUNCIL APARTMENTS II, AND TO RESIDENTS OF THE SURROUNDING AREA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,910,758

Program Service Revenue $666,310

Investment Income $449,403

Other Revenue $86,104

TOTAL REVENUE $3,112,575

Expense Breakdown

Grants Paid $0

Salaries & Benefits $889,865

Fundraising Expenses $47,524

Program Expenses $855,236

Other Expenses $577,080

TOTAL EXPENSES $1,466,945

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,112,575	$2,740,569	+0.1%
Expenses	$1,466,945	$1,528,357	0.0%
Net Income	$1,645,630	$1,212,212	+0.4%

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

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

$215,128

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW THORP	EXECUTIVE DIRECTOR	40.00	Officer	$207,877	$7,251	$215,128
TODD GOLDENHERSH	PRESIDENT	0.33	Officer Director	$0	$0	$0
MARK RUBIN	IMMEDIATE PAST PRESIDENT	0.33	Officer Director	$0	$0	$0
AMY BENDER-LEVY	VICE PRESIDENT	0.33	Officer Director	$0	$0	$0
SCOTT BERNSTEIN	TREASURER	0.33	Officer Director	$0	$0	$0
CINDY LANDER WALLACH	SECRETARY	0.33	Officer Director	$0	$0	$0
SALLY ALTMAN	DIRECTOR (TERM ENDED IN 2025)	0.33	Director	$0	$0	$0
LISA BORNSTEIN	DIRECTOR	0.33	Director	$0	$0	$0
EMILY CAINE	DIRECTOR	0.33	Director	$0	$0	$0
DAN COHEN	DIRECTOR	0.33	Director	$0	$0	$0
PAMELA DERN	DIRECTOR	0.33	Director	$0	$0	$0
AVA EHRLICH	DIRECTOR	0.33	Director	$0	$0	$0
SHELDON HARBER	DIRECTOR	0.33	Director	$0	$0	$0
JOSHUA B HUTKINS	DIRECTOR	0.33	Director	$0	$0	$0
ALVAH LEVINE	DIRECTOR (RESIGNED IN 2025)	0.33	Director	$0	$0	$0
JUDY MANGE	DIRECTOR	0.33	Director	$0	$0	$0
ESTELLE ROCHMAN	DIRECTOR	0.33	Director	$0	$0	$0
DARRYL SAGEL	DIRECTOR	0.33	Director	$0	$0	$0
ERIN SCHUVER	DIRECTOR	0.33	Director	$0	$0	$0
IRL SCISSORS	DIRECTOR	0.33	Director	$0	$0	$0
MICHELLE SCHWERIN	DIRECTOR	0.33	Director	$0	$0	$0
ANN SPECTOR	DIRECTOR	0.33	Director	$0	$0	$0
CLIFFORD TAGER	DIRECTOR	0.33	Director	$0	$0	$0
MATT TOWERMAN	DIRECTOR	0.33	Director	$0	$0	$0
JODY WALDMAN	DIRECTOR	0.33	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	$3,112,575	$1,466,945	$15,698,610	$1,645,630
2024	$2,740,569	$1,528,357	$13,212,025	$1,212,212
2023	$2,671,349	$1,379,240	$11,967,359	$1,292,109
2022	$4,107,535	$1,230,005	$10,457,996	$2,877,530
2021	$3,578,288	$1,189,271	$7,990,613	$2,389,017
2020	$1,617,319	$1,197,462	$5,159,376	$419,857
2019	$1,291,757	$1,131,838	$4,400,926	$159,919
2018	$1,188,231	$1,080,540	$3,901,853	$107,691