Grove Park Village Inc (EIN 510429317) - 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

Legal Domicile

Principal Officer

Michael T Austin

Phone

4787525170

Tax Period

2023-01-01 to 2023-12-31

Grove Park Village Inc is a small nonprofit that reported $350K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $329K left a modest 6% surplus.

Mission

Provide housing for low income individuals and families.

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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 $330,384

Investment Income $19,347

Other Revenue $0

TOTAL REVENUE $349,731

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $328,592

Other Expenses $328,592

TOTAL EXPENSES $328,592

Year-over-Year Comparison

	2023	2022	Change
Revenue	$349,731	$314,091	+0.1%
Expenses	$328,592	$302,050	+0.1%
Net Income	$21,139	$12,041	+0.8%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeff C Batcher	Chair	0.25	Director	$0	$0	$0
Eric P Manson	Director	0.25	Director	$0	$0	$0
Jo Ann Fowler	Director	0.25	Director	$0	$0	$0
Joyce R Shafer	Director	0.25	Director	$0	$0	$0
John C Walker III	Director	0.25	Director	$0	$0	$0
Melinda D Robinson-Moffett	Vice Chair	0.25	Director	$0	$0	$0
Michael T Austin	CFO/Secretary	1.00	Officer	$0	$0	$0
Michael Colbert	CEO	1.00	Officer	$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	$349,731	$328,592	$2,039,801	$21,139
2022	$314,091	$302,050	$2,070,449	$12,041
2021	$301,741	$291,177	$2,114,540	$10,564
2020	$296,720	$288,438	$2,140,068	$8,282
2019	$293,045	$321,683	$2,197,812	$-28,638
2018	$279,634	$283,261	$2,287,313	$-3,627

Grove Park Village Inc