AMHERST RIDGE SENIOR APARTMENTS 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

2012

Legal Domicile

Principal Officer

ELEANOR WHITE

Phone

6788606833

Tax Period

2024-01-01 to 2024-12-31

AMHERST RIDGE SENIOR APARTMENTS INC, founded in 2012, is a micro nonprofit in the Housing & Shelter sector that reported $180 in total revenue in fiscal year 2024. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $694K exceeded revenue, resulting in a 385428% operating deficit.

Mission

THE MISSION OF MENORAH CAMPUS, INC. D/B/A THE HARRY AND JEANETTE WEINBER G CAMPUS, IS TO ADDRESS THE FULL NEED SO OLDER PEOPLE IN OUR REGION: MEDICAL, RESIDENTIAL, EMOTIONAL, FINANCIAL, SOCIAL, AND SPIRITUAL. AMHERST RIDGE SENIOR APARTMENTS, INC. IS A SUBSIDIARY OF MENORAH CAMPUS, INC. AND PROVIDES HUD 202 HOUSING FOR THE ELDERLY OF WESTERN NEW YORK.

Program Service Accomplishments

Program 1

Expenses: $693,100 Revenue: $0

PROVIDES HUD 202 HOUSING FOR THE ELDERLY OF WESTERN NEW YORK.

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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 $0

Investment Income $180

Other Revenue $0

TOTAL REVENUE $180

Expense Breakdown

Grants Paid $693,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $693,100

Other Expenses $950

TOTAL EXPENSES $693,950

Year-over-Year Comparison

	2024	2023	Change
Revenue	$180	$1,369,899	-1.0%
Expenses	$693,950	$49,102	+13.1%
Net Income	$-693,770	$1,320,797	-1.5%

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
ELEANOR WHITE	PRESIDENT	0.50	Officer Director	$0	$0	$0
ROBERT F COOK	SECRETARY	0.50	Officer Director	$0	$0	$0
JOSHUA HAMMOND	DIRECTOR	0.50	Director	$0	$0	$0
MARK SEGEL	DIRECTOR	0.50	Director	$0	$0	$0
PATRICK SHEA	DIRECTOR	0.50	Director	$0	$0	$0
LAWSON STRINGER	DIRECTOR	0.50	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	$180	$693,950	$112	$-693,770
2023	$1,369,899	$49,102	$693,033	$1,320,797
2022	$688,984	$750,673	$6,195,397	$-61,689
2021	$334,320	$406,315	$6,287,755	$-71,995
2020	$250,898	$353,408	$6,326,290	$-102,510
2019	$258,041	$391,944	$6,456,580	$-133,903
2018	$249,468	$368,972	$6,594,713	$-119,504