KENTUCKY SENIOR CITIZENS APARTMENTS INC (EIN 610664350) - 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

1964

Legal Domicile

Principal Officer

BUDDY DITTUS

Phone

8595814445

Tax Period

2024-01-01 to 2024-12-31

KENTUCKY SENIOR CITIZENS APARTMENTS INC, founded in 1964, is a small nonprofit that reported $427K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $325K, a strong 76% operating margin.

Mission

PROVIDE STAFFING AND SERVICES TO OPERATE APARTMENT COMPLEXES FOR SENIOR CITIZENS IN NORTHERN KENTUCKY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $101,500

Program Service Revenue $70,319

Investment Income $251,749

Other Revenue $2,994

TOTAL REVENUE $426,562

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $59,143

Fundraising Expenses $0

Program Expenses $99,313

Other Expenses $17,170

TOTAL EXPENSES $101,313

Year-over-Year Comparison

	2024	2023	Change
Revenue	$426,562	$361,231	+0.2%
Expenses	$101,313	$102,890	0.0%
Net Income	$325,249	$258,341	+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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN HARGETT	EXEC DIR & S	1.00	Officer Director	$0	$0	$0
BUDDY DITTUS	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARK TRANBARGER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
TONY BUCHER	DIRECTOR	1.00	Director	$0	$0	$0
MATT LONGLAND	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA MOFFITT	DIRECTOR	1.00	Director	$0	$0	$0
GORDON ROLFES	DIRECTOR	1.00	Director	$0	$0	$0
DAVID SCHROEDER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN WENDERFER	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
2024	$426,562	$101,313	$4,183,117	$325,249
2023	$361,231	$102,890	$3,869,373	$258,341
2022	$316,384	$92,511	$3,621,334	$223,873
2021	$324,341	$390,448	$3,382,754	$-66,107
2020	$410,292	$101,574	$3,448,244	$308,718
2019	$337,085	$132,535	$3,104,868	$204,550
2018	$258,637	$63,710	$2,909,298	$194,927

KENTUCKY SENIOR CITIZENS APARTMENTS INC