RESIDENTIAL PROPERTIES INC (EIN 521988299) - 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

1996

Legal Domicile

Principal Officer

SUSAN INGRAM

Phone

3019262300

Tax Period

2023-07-01 to 2024-06-30

RESIDENTIAL PROPERTIES INC, founded in 1996, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $795K in total revenue in fiscal year 2023. Revenue surged 121% from the prior year, signaling strong growth momentum. The organization ran a surplus of $434K, a strong 55% operating margin.

Mission

TO PROVIDE HOUSING FOR DEVELOPMENTALLY DISABLED INDIVIDUALS.

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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 $788,875

Investment Income $6,078

Other Revenue $0

TOTAL REVENUE $794,953

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $361,151

Other Expenses $361,151

TOTAL EXPENSES $361,151

Year-over-Year Comparison

	2023	2022	Change
Revenue	$794,953	$360,000	+1.2%
Expenses	$361,151	$227,810	+0.6%
Net Income	$433,802	$132,190	+2.3%

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

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

$190,088

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GARY BOSCO	TREASURER	1.00	Officer Director	$0	$0	$0
PEGGY GREENSPAN	SECRETARY	1.00	Officer Director	$0	$0	$0
SUSAN C INGRAM	PRESIDENT	1.00	Officer	$0	$10,104	$190,088

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	No data	No data	No data	No data
2024	$794,953	$361,151	$3,622,058	$433,802
2023	$360,000	$227,810	$3,413,108	$132,190
2022	$114,319	$173,712	$3,192,973	$-59,393
2021	$349,115	$136,325	$3,556,066	$212,790
2020	$245,947	$121,475	$3,131,701	$124,472
2019	$766,425	$139,101	$2,806,100	$627,324
2018	$276,856	$148,261	$2,255,412	$128,595

RESIDENTIAL PROPERTIES INC