ST JOHN'S TOWERS

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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

1964

Legal Domicile

Principal Officer

SHERI SNYDER

Phone

4109395040

Tax Period

2024-09-01 to 2025-08-31

ST JOHN'S TOWERS, founded in 1964, is a small nonprofit that reported $884K in total revenue in fiscal year 2024. Expenses of $857K left a modest 3% surplus.

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND DISABLED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.

Program Service Accomplishments

Program 1

Expenses: $777,552 Revenue: $305,120

ST. JOHN'S TOWERS (THE ENTITY) IS A MARYLAND NOT-FOR-PROFIT CORPORATION ORGANIZED IN JUNE 1964 FOR THE PURPOSE OF ACQUIRING, DEVELOPING, AND OPERATING HOUSING AND RELATED FACILITIES WHICH CONSIST OF FIFTY-SEVEN (57) UNITS FOR PERSONS WHO ARE ELDERLY AND LOCATED IN HARFORD COUNTY, MARYLAND. THE ENTITY RECEIVES ASSISTANCE UNDER PROVISIONS OF SECTION 202 OF THE NATIONAL AFFORDABLE HOUSING ACT. SUCH PROJECTS ARE REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT ("HUD") AS TO RENTAL CHARGES AND OPERATING METHODS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $514,125

Program Service Revenue $305,120

Investment Income $107

Other Revenue $64,841

TOTAL REVENUE $884,193

Expense Breakdown

Grants Paid $0

Salaries & Benefits $259,030

Fundraising Expenses $0

Program Expenses $777,552

Other Expenses $597,503

TOTAL EXPENSES $856,533

Year-over-Year Comparison

	2024	2023	Change
Revenue	$884,193	$819,219	+0.1%
Expenses	$856,533	$801,935	+0.1%
Net Income	$27,660	$17,284	+0.6%

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

$92,168

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES HINER	PRESIDENT	0.20	Officer Director	$0	$0	$0
PRISCILLA FORSYTHE	VICE PRESIDENT	0.20	Director	$0	$0	$0
JAN BIONDO	SECRETARY	0.20	Officer Director	$0	$0	$0
BARBARA HIOB	DIRECTOR	0.20	Director	$0	$0	$0
MARK CRISPALL	DIRECTOR	0.20	Director	$0	$0	$0
SHERI SNYDER	EXECUTIVE DIRECTOR	25.00	Officer	$57,683	$0	$92,168

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
2025	$884,193	$856,533	$2,397,933	$27,660
2024	$819,219	$801,935	$2,531,116	$17,284
2023	$825,154	$842,223	$2,449,752	$-17,069
2022	$826,796	$874,844	$2,308,786	$-48,048
2021	$783,868	$792,609	$2,397,848	$-8,741
2020	$773,979	$766,820	$2,490,096	$7,159
2019	$750,992	$743,823	$2,567,053	$7,169
2018	$753,768	$751,546	$2,610,572	$2,222