CAPITAL TOWERS INC

EIN: 560988440 501(c)(3)

RALEIGH, NC

Total Revenue
$-1,687,900
Total Expenses
$1,173,482
Total Assets
$299,167
Net Assets
$299,167
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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
1969
Legal Domicile
NC
Principal Officer
TRIPP BRADSHAW
Phone
9198780522
Tax Period
2019-04-01 to 2020-03-31

CAPITAL TOWERS INC, founded in 1969, is a micro nonprofit that reported $1.7M in total revenue in fiscal year 2019. Revenue fell 1651% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE GOOD HOUSING AT AFFORDABLE RENTS FOR LOW TO MODERATE INCOME SENIORS AS A REFLECTION OF OUR LOVE FOR CHRIST.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $6,170
Investment Income $-2,662,363
Other Revenue $968,293
TOTAL REVENUE $-1,687,900

Expense Breakdown

Grants Paid $0
Salaries & Benefits $148,372
Fundraising Expenses $0
Program Expenses $782,620
Other Expenses $1,025,110
TOTAL EXPENSES $1,173,482

Year-over-Year Comparison

2019 2018 Change
Revenue $-1,687,900 $108,853 -16.5%
Expenses $1,173,482 $315,964 +2.7%
Net Income $-2,861,382 $-207,111 +12.8%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TRIPP BRADSHAW SECRETARY 2.00
Officer Director
$0 $0 $0
SAM STONE PRESIDENT 2.00
Officer Director
$0 $0 $0
JACK COLBY DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER MCLEOD DIRECTOR 2.00
Director
$0 $0 $0
JOE JORDAN DIRECTOR 2.00
Director
$0 $0 $0
ROB FIELDS DIRECTOR 2.00
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
2020 $-1,687,900 $1,173,482 $299,167 $-2,861,382
2019 $108,853 $315,964 $3,664,084 $-207,111
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