ASBURY DWELLINGS INC (EIN 521190661) - 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

1978

Legal Domicile

Phone

2027457434

Tax Period

2023-01-01 to 2023-12-31

ASBURY DWELLINGS INC, founded in 1978, is a community nonprofit in the Housing & Shelter sector that reported $3.3M in total revenue in fiscal year 2023. Expenses of $3.1M left a modest 7% surplus.

Mission

TO PROVIDE SUBSIDIZED HOUSING TO ELDERLY AND CITIZENS WITH DISABILITIES

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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 $2,710,152

Program Service Revenue $595,843

Investment Income $3,772

Other Revenue $0

TOTAL REVENUE $3,309,767

Expense Breakdown

Grants Paid $0

Salaries & Benefits $248,736

Fundraising Expenses $0

Program Expenses $2,621,607

Other Expenses $2,838,140

TOTAL EXPENSES $3,086,876

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,309,767	$3,370,378	0.0%
Expenses	$3,086,876	$3,016,081	+0.0%
Net Income	$222,891	$354,297	-0.4%

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
AUDREY DRAKE	VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
SAMUEL J BOYD JR	BOARD MEMBER	1.50	Director	$0	$0	$0
JACQUELINE T RICHARDSON	SECRETARY	1.50	Officer Director	$0	$0	$0
STEVE YEARWOOD	PRESIDENT	0.50	Officer Director	$0	$0	$0
TERRI THOMPSON MALLET	BOARD MEMBER	0.50	Director	$0	$0	$0
REV DR JAMES SHOPSHIRE	BOARD MEMBER	0.50	Director	$0	$0	$0
JONATHAN BRAXTON	BOARD MEMBER	0.50	Director	$0	$0	$0
DR LYNETTE FORTENBERRY	BOARD MEMBER	0.50	Director	$0	$0	$0
ROBERT BEASLEY	BOARD MEMBER	0.50	Director	$0	$0	$0
MARK ROBINSON	TREASURER	0.50	Officer Director	$0	$0	$0
REV DR LANTHER MILLS	BOARD MEMBER	0.50	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
2024	No data	No data	No data	No data
2023	$3,309,767	$3,086,876	$7,389,277	$222,891
2022	$3,370,378	$3,016,081	$7,194,239	$354,297
2021	$3,483,517	$2,773,547	$7,534,898	$709,970
2020	$3,347,772	$2,588,207	$6,411,541	$759,565
2019	$3,290,023	$2,859,453	$5,739,838	$430,570
2018	$2,722,134	$2,740,733	$5,478,290	$-18,599

ASBURY DWELLINGS INC