EAST LONG POND APARTMENTS INC (EIN 455337155) - 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

2012

Legal Domicile

Principal Officer

GINA MERCURE

Phone

4015213603

Tax Period

2023-07-01 to 2024-06-30

EAST LONG POND APARTMENTS INC, founded in 2012, is a small nonprofit in the Housing & Shelter sector that reported $299K in total revenue in fiscal year 2023. Revenue surged 74% from the prior year, signaling strong growth momentum. Expenses of $441K exceeded revenue, resulting in a 47% operating deficit.

Mission

OWNERSHIP AND OPERATION OF LOW INCOME HOUSING

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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 $0

Program Service Revenue $145,070

Investment Income $8,678

Other Revenue $145,171

TOTAL REVENUE $298,919

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $440,751

Other Expenses $440,751

TOTAL EXPENSES $440,751

Year-over-Year Comparison

	2023	2022	Change
Revenue	$298,919	$172,116	+0.7%
Expenses	$440,751	$294,739	+0.5%
Net Income	$-141,832	$-122,623	+0.2%

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
B JOSEPH REDDISH III	PRESIDENT	1.00	Officer Director	$0	$0	$0
MATTHEW ADAMS	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID ROBERT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARC GAUTHIER	DIRECTOR	1.00	Director	$0	$0	$0
DIANE SIEDLECKI	DIRECTOR	1.00	Director	$0	$0	$0
RAYMOND MALM	SECRETARY	1.00	Officer Director	$0	$0	$0
JOSEPH REUSCH	DIRECTOR	1.00	Director	$0	$0	$0
JAY JOYNES	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$298,919	$440,751	$1,998,471	$-141,832
2023	$172,116	$294,739	$1,875,247	$-122,623
2022	$172,277	$209,442	$1,943,882	$-37,165
2021	$173,007	$200,053	$2,019,337	$-27,046
2020	$176,721	$208,545	$2,023,906	$-31,824
2019	$174,453	$181,491	$2,024,320	$-7,038

EAST LONG POND APARTMENTS INC