ASBERRY COURTS INC (EIN 560954816) - 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

1970

Legal Domicile

Principal Officer

JOHN SMITH

Phone

3362725779

Tax Period

2024-07-01 to 2025-06-30

ASBERRY COURTS INC, founded in 1970, is a small nonprofit that reported $747K in total revenue in fiscal year 2024. Expenses of $830K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE APARTMENT UNITS FOR LOW INCOME PERSONS

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $729,135

Investment Income $4

Other Revenue $17,457

TOTAL REVENUE $746,596

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,359

Fundraising Expenses $0

Program Expenses $801,207

Other Expenses $662,383

TOTAL EXPENSES $829,742

Year-over-Year Comparison

	2024	2023	Change
Revenue	$746,596	$709,505	+0.1%
Expenses	$829,742	$805,937	+0.0%
Net Income	$-83,146	$-96,432	-0.1%

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
JOHN SMITH	PRESIDENT	1.00	Officer Director	$0	$0	$0
BARABARA WHITE-TATE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HOBSON BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
JEROME LEE	DIRECTOR	1.00	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
2025	$746,596	$829,742	$5,054,558	$-83,146
2024	No data	No data	No data	No data
2023	$707,691	$769,093	$5,494,476	$-61,402
2022	$677,927	$763,344	$5,681,091	$-85,417
2021	$680,471	$811,296	$5,855,659	$-130,825
2020	$648,762	$739,167	$6,060,946	$-90,405
2019	$629,098	$744,510	$6,073,802	$-115,412
2018	$391,316	$476,518	$6,277,032	$-85,202

ASBERRY COURTS INC