Farmdale Adult Citizens Towers Inc (EIN 610968419) - 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

1979

Legal Domicile

Principal Officer

Arnie Wilson

Tax Period

2017-10-01 to 2018-09-30

Farmdale Adult Citizens Towers Inc, founded in 1979, is a community nonprofit that reported $7.0M in total revenue in fiscal year 2017. Revenue surged 515% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.5M, a strong 93% operating margin.

Mission

To provide Senior Citizen housing facilities and services specially designed for people 62 years of age and older or handicapped or disabled in accordance with the regulations of the U.S. Department of Housing and Urban Development

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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 (2017)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $492,604

Investment Income $6,529,231

Other Revenue $0

TOTAL REVENUE $7,021,835

Expense Breakdown

Grants Paid $0

Salaries & Benefits $191,976

Fundraising Expenses $0

Program Expenses $288,114

Other Expenses $299,851

TOTAL EXPENSES $491,827

Year-over-Year Comparison

	2017	2016	Change
Revenue	$7,021,835	$1,142,198	+5.1%
Expenses	$491,827	$980,028	-0.5%
Net Income	$6,530,008	$162,170	+39.3%

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

$128,747

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jim Sherrill Jr	Director	0.00	Director	$0	$0	$0
Larry Nelson	Secretary	0.00	Officer Director	$0	$0	$0
Gary Welch	Director	0.00	Director	$0	$0	$0
M C Robison	Director	0.00	Director	$0	$0	$0
Pam Shepherd	Director	0.00	Director	$0	$0	$0
Arnie Wilson	President	0.00	Officer Director	$0	$0	$0
Michael E Childers	Administrator	50.00	Officer	$99,353	$18,394	$128,747

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
2018	$7,021,835	$491,827	No data	$6,530,008

Farmdale Adult Citizens Towers Inc