HOLT APARTMENTS INC (EIN 463392734) - 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

2013

Legal Domicile

Principal Officer

JAKE KRAFVE

Phone

6608858131

Tax Period

2023-01-01 to 2023-12-31

HOLT APARTMENTS INC, founded in 2013, is a micro nonprofit in the Housing & Shelter sector that reported $47K in total revenue in fiscal year 2023. Expenses of $90K exceeded revenue, resulting in a 90% operating deficit.

Mission

PROVIDE SUPPORTIVE HOUSING TO LOW INCOME DISABLED 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $46,166

Investment Income $117

Other Revenue $1,154

TOTAL REVENUE $47,437

Expense Breakdown

Grants Paid $0

Salaries & Benefits $14,917

Fundraising Expenses $0

Program Expenses $60,975

Other Expenses $75,022

TOTAL EXPENSES $89,939

Year-over-Year Comparison

	2023	2022	Change
Revenue	$47,437	$44,378	+0.1%
Expenses	$89,939	$93,175	0.0%
Net Income	$-42,502	$-48,797	-0.1%

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

$595,193

Total Directors

$491,538

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAKE KRAFVE	CFO	1.00	Officer	$0	$99,373	$595,193
PETER LYSKOWSKI	BOARD MEMBER	1.00	Director	$0	$81,956	$444,092
RHONDA MEYER	BOARD MEMBER (THRU 1/2023)	1.00	Director	$0	$2,424	$47,446
JOI NEIDNER	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
REBECCA CULLER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
RICH METZ	SECRETARY	1.00	Officer Director	$0	$0	$0
ROD REID	TREASURER	1.00	Officer 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	No data	No data	No data	No data
2023	$47,437	$89,939	$1,223,095	$-42,502
2022	$44,378	$93,175	$1,239,314	$-48,797
2021	$42,897	$102,601	$1,265,829	$-59,704
2020	$38,857	$99,553	$1,304,921	$-60,696
2019	$39,531	$101,453	$1,360,538	$-61,922
2018	$37,277	$110,218	$1,355,372	$-72,941

HOLT APARTMENTS INC