DELTA TOWERS INC (EIN 640693080) - 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

1982

Legal Domicile

Principal Officer

ROBERT JACKSON

Phone

6019486401

Tax Period

2023-12-01 to 2024-11-30

DELTA TOWERS INC, founded in 1982, is a small nonprofit in the Housing & Shelter sector that reported $704K in total revenue in fiscal year 2023. The organization ran a surplus of $153K, a strong 22% operating margin.

Mission

PROVIDE LOW-INCOME 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 $703,818

Investment Income $28

Other Revenue $0

TOTAL REVENUE $703,846

Expense Breakdown

Grants Paid $0

Salaries & Benefits $130,421

Fundraising Expenses $0

Program Expenses $551,118

Other Expenses $420,697

TOTAL EXPENSES $551,118

Year-over-Year Comparison

	2023	2022	Change
Revenue	$703,846	$731,863	0.0%
Expenses	$551,118	$630,066	-0.1%
Net Income	$152,728	$101,797	+0.5%

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
FRANK JACKSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
BARBARA BROOKS	TREASURER	2.00	Officer Director	$0	$0	$0
ROBERT JACKSON	BOARD CHAIRMAN	2.00	Officer Director	$0	$0	$0
HELEN BUSH	SECRETARY	2.00	Officer Director	$0	$0	$0
BETTY JO BOYD	BOARD MEMBER	2.00	Director	$0	$0	$0
AURELIA JONES-TAYLOR	BOARD MEMBER	2.00	Director	$0	$0	$0
BARBARA WASHINGTON	BOARD MEMBER	2.00	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	$703,846	$551,118	$891,452	$152,728
2023	$731,863	$630,066	$928,521	$101,797
2022	$726,605	$564,817	$1,015,712	$161,788
2021	$703,571	$532,600	$1,028,672	$170,971
2020	$763,616	$562,130	$1,018,425	$201,486
2019	$736,488	$577,870	$1,043,909	$158,618
2018	$776,952	$614,717	$951,801	$162,235

DELTA TOWERS INC