CHERBONAY AT MARSALIS INDEPENDENT L (EIN 542166208) - 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

2006

Legal Domicile

Principal Officer

MARISCIA SANDERS

Phone

2143840279

Tax Period

2025-01-01 to 2025-12-31

CHERBONAY AT MARSALIS INDEPENDENT L, founded in 2006, is a small nonprofit in the Mental Health sector that reported $126K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $188K exceeded revenue, resulting in a 49% operating deficit.

Mission

PROVIDES HOUSING TO DISABLED PERSONS UNDER SECTION 811 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $125,683

Investment Income $6

Other Revenue $0

TOTAL REVENUE $125,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,194

Fundraising Expenses $0

Program Expenses $170,056

Other Expenses $159,397

TOTAL EXPENSES $187,591

Year-over-Year Comparison

	2025	2024	Change
Revenue	$125,689	$106,528	+0.2%
Expenses	$187,591	$132,296	+0.4%
Net Income	$-61,902	$-25,768	+1.4%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MALCOLM DAVIS	DIRECTOR	N/A	Director	$0	$0	$0
BETTIE JONES	DIRECTOR	N/A	Director	$0	$0	$0
TIMOTHY LIRA	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM MATTHEWS	DIRECTOR	N/A	Director	$0	$0	$0
PATRICIA ORTIZ	DIRECTOR	N/A	Director	$0	$0	$0
JOHNN RUDD	DIRECTOR	N/A	Director	$0	$0	$0
JOEL KEITH POLICE	BOARD CHAIR	N/A	Officer	$0	$0	$0
MARGIE V SANDERS	SECRETARY	N/A	Officer	$0	$0	$0
MARISCIA SANDERS	PRESIDENT	N/A	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
2025	$125,689	$187,591	$732,449	$-61,902
2024	$106,528	$132,296	$751,390	$-25,768
2023	$90,249	$151,584	$780,001	$-61,335
2022	$108,228	$131,143	$822,401	$-22,915
2021	$99,097	$141,643	$850,105	$-42,546
2020	$104,870	$116,252	$883,462	$-11,382
2019	$106,455	$133,433	$894,579	$-26,978
2018	$110,007	$112,832	$906,738	$-2,825

CHERBONAY AT MARSALIS INDEPENDENT L