ST MARY TOWERS INC (EIN 592779192) - 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

1990

Legal Domicile

Principal Officer

REV MARCOS SOMARRIBA

Phone

9544841515

Tax Period

2023-07-01 to 2024-06-30

ST MARY TOWERS INC, founded in 1990, is a mid-sized nonprofit that reported $13.1M in total revenue in fiscal year 2023. Revenue surged 901% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12.1M, a strong 92% operating margin.

Mission

LOW INCOME ELDERLY HOUSING.

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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 $0

Program Service Revenue $924,569

Investment Income $12,215,613

Other Revenue $0

TOTAL REVENUE $13,140,182

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,675

Fundraising Expenses $0

Program Expenses $911,203

Other Expenses $854,294

TOTAL EXPENSES $993,969

Year-over-Year Comparison

	2023	2022	Change
Revenue	$13,140,182	$1,312,218	+9.0%
Expenses	$993,969	$1,212,045	-0.2%
Net Income	$12,146,213	$100,173	+120.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REV MARCOS SOMARRIBA	PRESIDENT	1.00	Director	$0	$0	$0
REV CARLOS ARMANDO MARTINEZ ROMERO	DIRECTOR	1.00	Director	$0	$0	$0
REV EDUARDO LOGISTE FELIX	DIRECTOR	1.00	Director	$0	$0	$0
REV JUAN J SOSA	DIRECTOR	1.00	Director	$0	$0	$0
REV SAMUEL MUODIAJU	DIRECTOR	1.00	Director	$0	$0	$0
REV JEAN JADOTTE	DIRECTOR	1.00	Director	$0	$0	$0
REV MSGR MICHAEL SOUCKAR	VICE PRES./SECRETARY	1.00	Director	$0	$0	$0
REV STEVEN O'HALA	DIRECTOR	1.00	Director	$0	$0	$0
REV LUCIEN PIERRE	TREASURER	1.00	Director	$0	$0	$0
REV JESUS FERRAS	DIRECTOR	1.00	Director	$0	$0	$0
FR MANUEL GALVAN VARGAS	DIRECTOR	1.00	Director	$0	$0	$0
REV MSGR ROBERTO GARZA	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	No data	No data	No data	No data
2024	$13,140,182	$993,969	$11,774,386	$12,146,213
2023	$1,312,218	$1,212,045	$2,161,072	$100,173
2022	$1,318,610	$1,198,512	$2,191,938	$120,098
2021	$1,146,495	$1,111,140	$2,235,989	$35,355
2020	$1,116,528	$1,047,500	$2,293,679	$69,028
2019	$1,099,100	$1,009,711	$2,302,462	$89,389

ST MARY TOWERS INC