Avery Properties Inc (EIN 582328397) - 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

1997

Legal Domicile

Principal Officer

Nicole Long

Phone

4044716308

Tax Period

2023-07-01 to 2024-06-30

Avery Properties Inc, founded in 1997, is a community nonprofit in the Education sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 129% from the prior year, signaling strong growth momentum. Expenses of $6.7M exceeded revenue, resulting in a 239% operating deficit.

Mission

Charitable organization to support the furtherance of Agnes Scott College's educational purposes.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $1,991,833

Other Revenue $0

TOTAL REVENUE $1,991,833

Expense Breakdown

Grants Paid $6,560,312

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $6,704,411

Other Expenses $186,255

TOTAL EXPENSES $6,746,567

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,991,833	$870,944	+1.3%
Expenses	$6,746,567	$7,224,714	-0.1%
Net Income	$-4,754,734	$-6,353,770	-0.3%

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

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

$706,653

Total Directors

$396,625

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Leocadia I Zak	President of Agnes Scott College	0.40	Officer Director	$0	$70,688	$396,625
Lea Ann Hudson	Secretary/Associate VP	0.40	Officer	$0	$27,518	$149,157
Nicole Long	VP Finance & Administration	0.20	Officer	$0	$24,513	$160,871
E Ann Glendinning	President	0.20	Officer Director	$0	$0	$0
David D Weitnauer	Secretary/Treasurer	0.20	Officer Director	$0	$0	$0
Elizabeth H Noe	Chair	0.40	Director	$0	$0	$0
J Walter Drake	Trustee	0.20	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	No data	No data	No data	No data
2024	$1,991,833	$6,746,567	$18,090,659	$-4,754,734
2023	$870,944	$7,224,714	$22,844,993	$-6,353,770
2022	$28,468,179	$821,240	$29,198,763	$27,646,939
2021	$518,125	$1,076,206	$1,775,692	$-558,081
2020	$1,074,666	$1,093,003	$2,318,111	$-18,337
2019	$1,214,907	$1,727,856	$2,206,211	$-512,949
2018	$1,189,675	$796,057	$2,718,733	$393,618

Avery Properties Inc