CROSS-LINE TOWERS INC (EIN 480877016) - 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

1976

Legal Domicile

Phone

9133212262

Tax Period

2020-07-01 to 2021-06-30

CROSS-LINE TOWERS INC, founded in 1976, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2020. Revenue surged 301% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.1M, a strong 87% operating margin.

Mission

TO OPERATE A 126 UNIT APARTMENT COMPLEX FOR LOW INCOME ELDERLY AND DISABLED PERSONS UNDER THE GUIDELINES OF THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $695,651

Investment Income $5,153,890

Other Revenue $0

TOTAL REVENUE $5,849,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,127

Fundraising Expenses $0

Program Expenses $665,899

Other Expenses $607,202

TOTAL EXPENSES $785,329

Year-over-Year Comparison

	2020	2019	Change
Revenue	$5,849,541	$1,459,921	+3.0%
Expenses	$785,329	N/A	N/A
Net Income	$5,064,212	$1,459,921	+2.5%

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

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
BEVERLY EASTERWOOD	PRESIDENT	1.00	Officer Director	$0	$0	$0
IRENE CAUDILLO	SECRETARY	1.00	Officer Director	$0	$0	$0
PAT JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
LAVET MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
PATRICE TOWNSEND	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
2021	$5,849,541	$785,329	$5,785,402	$5,064,212
2020	$5,849,541	$785,329	$5,785,402	$5,064,212
2019	$1,459,921	$1,282,671	$1,241,933	$177,250

CROSS-LINE TOWERS INC