BRANDON APARTMENTS INC

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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

2000

Legal Domicile

Principal Officer

STEVEN WELCH

Phone

8132398064

Tax Period

2025-01-01 to 2025-12-31

BRANDON APARTMENTS INC, founded in 2000, is a small nonprofit in the Mental Health sector that reported $147K in total revenue in fiscal year 2025. Expenses of $204K exceeded revenue, resulting in a 39% operating deficit.

Mission

THE PROJECT PROVIDES HOUSING TO LOW-INCOME INDIVIDUALS WITH DISABILITIES. THIS QUALIFIES THE PROPERTY TO RECEIVE SECTION 8 BENEFITS IN ACCORDANCE WITH REGULATIONS OF THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).

Program Service Accomplishments

Program 1

Expenses: $171,348 Revenue: $50,272

SECTION 811 SUPPORTIVE HOUSING FOR PERSON WITH DISABILITIES. THIS PROGRAM IS FUNDED BY HUD AND IS INTENDED TO SUBSIDIZE THE RENT CHARGED TO ALL TENANTS WHO QUALIFY DUE TO THEIR LOW-INCOME STATUS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $95,998

Program Service Revenue $50,272

Investment Income $438

Other Revenue $0

TOTAL REVENUE $146,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $27,206

Fundraising Expenses $0

Program Expenses $171,348

Other Expenses $176,733

TOTAL EXPENSES $203,939

Year-over-Year Comparison

	2025	2024	Change
Revenue	$146,708	$141,075	+0.0%
Expenses	$203,939	$185,921	+0.1%
Net Income	$-57,231	$-44,846	+0.3%

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

N/A

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

$1,153,608

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID TARABOCCHIA	TREASURER/SECRETARY	1.00	Director	$0	$0	$0
JENNIFER BOSSON	VICE CHAIR	1.00	Director	$0	$0	$0
EDI ERB	CHAIR	1.00	Director	$0	$0	$0
CAROLYN SMITH	DIRECTOR	1.00	Director	$0	$0	$0
JASON SUMERAU	DIRECTOR	1.00	Director	$0	$0	$0
PATTY FUENTES	DIRECTOR	1.00	Director	$0	$0	$0
ROAYA TYSON	CEO	1.00	Officer	$0	$45,532	$559,206
STEVEN WELCH	CFO	1.00	Officer	$0	$38,231	$468,375
SUSAN MORGAN	CHIEF DEVELOPMENT AND COMM	1.00	Officer	$0	$33,038	$126,027

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	$146,708	$203,939	$790,692	$-57,231
2024	$141,075	$185,921	$841,901	$-44,846
2023	$144,415	$175,296	$884,695	$-30,881
2022	$143,375	$184,038	$904,448	$-40,663
2021	$144,213	$194,993	$942,958	$-50,780
2020	$143,651	$185,989	$976,094	$-42,338
2019	$143,803	$191,149	$1,033,473	$-47,346
2018	$135,112	$187,096	$1,069,761	$-51,984