LYNNDALE WEST APARTMENTS INC (EIN 582277085) - 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

1992

Legal Domicile

Principal Officer

VERONICA NIPPER

Phone

7067383395

Tax Period

2023-07-01 to 2024-06-30

LYNNDALE WEST APARTMENTS INC, founded in 1992, is a micro nonprofit in the Human Services sector that reported $100K in total revenue in fiscal year 2023. Expenses of $115K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE ORGANIZATION OPERATES AN APARTMENT COMPLEX FOR THE DEVELOPMENTALLY DISABLED.

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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 $73,250

Program Service Revenue $26,461

Investment Income $32

Other Revenue $42

TOTAL REVENUE $99,785

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,397

Fundraising Expenses $0

Program Expenses $65,608

Other Expenses $80,009

TOTAL EXPENSES $115,406

Year-over-Year Comparison

	2023	2022	Change
Revenue	$99,785	$96,369	+0.0%
Expenses	$115,406	$110,427	+0.0%
Net Income	$-15,621	$-14,058	+0.1%

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

$108,387

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR SHARON SWIFT	SECRETARY	0.25	Officer Director	$0	$0	$0
RICK VIGER	TREASURER	0.25	Officer Director	$0	$0	$0
DAVID K ANDERSON	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
JUDITH C BIERMAN	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
ARTHUR L GROVNER	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
JOHN GILCHRIST	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
LARRY SCONYERS	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
GLORIA M IRELAND	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
JIM THORPE	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
PETER WEITZ	PRESIDENT	0.25	Officer Director	$0	$0	$0
KATHRYN E ALLEN	BOARD OF DIRECTORS	0.25	Director	$0	$0	$0
VERONICA NIPPER	EXECUTIVE DIRECTOR	40.00	Officer	$0	$0	$108,387

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	$99,785	$115,406	$442,257	$-15,621
2023	$96,369	$110,427	$437,902	$-14,058
2022	$107,684	$141,535	$439,018	$-33,851
2021	$89,744	$98,169	$422,095	$-8,425
2020	$86,861	$119,847	$442,577	$-32,986
2019	$86,684	$106,230	$441,396	$-19,546

LYNNDALE WEST APARTMENTS INC