ARCHWAY COMMUNITIES INC (EIN 510157175) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

KRISTEN COOPER

Phone

7206891010

Tax Period

2024-01-01 to 2024-12-31

ARCHWAY COMMUNITIES INC, founded in 1974, is a small nonprofit in the Housing & Shelter sector that reported $557K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $3.0M exceeded revenue, resulting in a 430% operating deficit.

Mission

TO PROVIDE SAFE, HABITABLE HOUSING FOR FAMILIES WITH LOW TO MODERATE INCOMES, INCLUDING HOMELESS FAMILIES, AND TO DEVELOP MIXED INCOME HOUSING TO HELP LOW INCOME FAMILIES IN THE TRANSITION TO SELF-SUFFICIENCY WHILE PROVIDING COMPREHENSIVE SUPPORTIVE SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $186,063

Program Service Revenue $0

Investment Income $0

Other Revenue $370,844

TOTAL REVENUE $556,907

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,131,136

Fundraising Expenses $0

Other Expenses $820,740

TOTAL EXPENSES $2,951,876

Year-over-Year Comparison

	2024	2023	Change
Revenue	$556,907	$733,929	-0.2%
Expenses	$2,951,876	$2,940,196	+0.0%
Net Income	$-2,394,969	$-2,206,267	+0.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

$233,959

Key Employees

$363,995

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEE BERG	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
DAVID NESTOR	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
LIA MARTINEZ	VICE CHAIR	2.00	Officer Director	$0	$0	$0
TRACY GARGARO	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
LAURA BRUDZYNSKI	CHIEF OPERATIONAL OFFICER	20.00	Director	$0	$26,232	$233,959
ARNOLD S CORRADINO	EXECUTIVE DIRECTOR	20.00	Key Emp	$0	$50,949	$363,995
BETH HARRIS-ROBINSON	GERNERAL COUSEL	20.00	Highest	$0	$853	$150,192
GEORGEANNE BARRETT	DIRECTOR OF COMMUNICATION	20.00	Highest	$0	$0	$147,630
KRISTEN COOPER	CHIEF FINANICIAL OFFICER	20.00	Highest	$0	$14,986	$168,534
GEORGE KELLY	CHIEF INVESTMENT OFFICER	20.00	Highest	$0	$39	$206,517

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	$556,907	$2,951,876	$1,022,493	$-2,394,969
2023	$733,929	$2,940,196	$1,433,122	$-2,206,267
2022	$2,508,331	$1,047,200	$3,156,899	$1,461,131

ARCHWAY COMMUNITIES INC