MAYFAIR TOWERS CORPORATION

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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

1981

Legal Domicile

Principal Officer

Philip Bentley Jr

Phone

2565331988

Tax Period

2020-03-01 to 2021-02-28

MAYFAIR TOWERS CORPORATION, founded in 1981, is a micro nonprofit that reported $4K in total revenue in fiscal year 2020. Revenue fell 91% from the prior year — a significant decline worth monitoring. Expenses of $1.7M exceeded revenue, resulting in a 37784% operating deficit.

Mission

PROVIDE LOW-COST HOUSING FOR ELDERLY

Program Service Accomplishments

Program 1

Expenses: $1,682,048 Revenue: $0

PROVIDING AFFORDABLE HOUSING FOR THE ELDERLY

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $4,440

Other Revenue $0

TOTAL REVENUE $4,440

Expense Breakdown

Grants Paid $1,682,048

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,682,048

Other Expenses $0

TOTAL EXPENSES $1,682,048

Year-over-Year Comparison

	2020	2019	Change
Revenue	$4,440	$47,506	-0.9%
Expenses	$1,682,048	$9,927	+168.4%
Net Income	$-1,677,608	$37,579	-45.6%

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

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	Role	Reportable Comp	Other Comp	Total
GARY BRADLEY	SECRETARY/TREASURER	Officer Director	$0	$0	$0
RAYMOND JONES	VICE PRESIDENT	Officer Director	$0	$0	$0
PHILLIP BENTLEY JR	PRESIDENT	Officer 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
2021	$4,440	$1,682,048	No data	$-1,677,608
2020	$47,506	$9,927	$1,677,608	$37,579
2019	$2,419,333	$175,624	$1,640,029	$2,243,709