Apartment Assoc of Greater Wichita

EIN: 481078358 Community Improvement

Wichita, KS

Total Revenue
$193,586
Total Expenses
$200,450
Total Assets
$134,736
Net Assets
$133,481
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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
1984
Legal Domicile
KS
Principal Officer
Heather Wells
Phone
3166823508
Tax Period
2023-01-01 to 2023-12-31

Apartment Assoc of Greater Wichita, founded in 1984, is a small nonprofit in the Community Improvement sector that reported $194K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year.

Mission

Provide education, training, promotion and betterment to Local apartment owners.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $159,102
Program Service Revenue $34,095
Investment Income $389
Other Revenue $0
TOTAL REVENUE $193,586

Expense Breakdown

Grants Paid $20,000
Salaries & Benefits $66,193
Fundraising Expenses $20,084
Program Expenses $65,479
Other Expenses $110,995
TOTAL EXPENSES $200,450

Year-over-Year Comparison

2023 2022 Change
Revenue $193,586 $228,450 -0.2%
Expenses $200,450 $220,364 -0.1%
Net Income $-6,864 $8,086 -1.8%
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

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Governance

Voting Members
310
Independent Members
310
Employees
N/A
Volunteers
10

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
3
$0
Total Directors
19
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Heather Wells Association Executive 40.00
Key Emp
$0 $0 $0
Cody Stout Secretary 1.00
Officer
$0 $0 $0
Samantha Dubree Treasurer 1.00
Officer
$0 $0 $0
Jessica Albers President 1.00
Officer
$0 $0 $0
Rachel Deese board member 0.00
Director
$0 $0 $0
Elsie Harper board member 0.00
Director
$0 $0 $0
Tracy Rupert board member 0.00
Director
$0 $0 $0
Jeremy Parks board member 0.00
Director
$0 $0 $0
Kim Robertson board member 0.00
Director
$0 $0 $0
Rhiannon Griffin board member 0.00
Director
$0 $0 $0
Geron Smith board member 0.00
Director
$0 $0 $0
Aric Hanna board member 0.00
Director
$0 $0 $0
Kurt Yowell board member 0.00
Director
$0 $0 $0
Peggy Avilez board member 0.00
Director
$0 $0 $0
Leah Thibault board member 0.00
Director
$0 $0 $0
Amanda Heenan board member 0.00
Director
$0 $0 $0
Stacey Bradley board member 0.00
Director
$0 $0 $0
Jessica Cody board member 0.00
Director
$0 $0 $0
David Pfaff board member 0.00
Director
$0 $0 $0
Steven Dunlavy board member 0.00
Director
$0 $0 $0
Rob Couch board member 0.00
Director
$0 $0 $0
Katherine Sanneman board member 0.00
Director
$0 $0 $0
Jessica Bentley board member 0.00
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
2023 $193,586 $200,450 $134,736 $-6,864
2022 $228,450 $220,364 $141,574 $8,086
2021 $189,749 $186,853 $132,260 $2,896
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