KPC APARTMENTS (EIN 640694953) - 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

1984

Legal Domicile

Principal Officer

LAWERCE JOHNSON

Phone

6017148350

Tax Period

2023-12-01 to 2024-11-30

KPC APARTMENTS, founded in 1984, is a small nonprofit in the Housing & Shelter sector that reported $463K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

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 $462,151

Investment Income $48

Other Revenue $751

TOTAL REVENUE $462,950

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,185

Fundraising Expenses $0

Program Expenses $386,372

Other Expenses $382,540

TOTAL EXPENSES $496,725

Year-over-Year Comparison

	2023	2022	Change
Revenue	$462,950	$412,933	+0.1%
Expenses	$496,725	$444,507	+0.1%
Net Income	$-33,775	$-31,574	+0.1%

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
STANLEY LYNN	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID POWELL	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
LAWRENCE JOHNSON	TREASURER	1.00	Officer Director	$0	$0	$0
STEVEN POWELL	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN SIMPSON	FINANCIAL SECRETARY	1.00	Officer Director	$0	$0	$0
ROLAND POWELL	DIRECTOR	1.00	Director	$0	$0	$0
JAMES COOPER	DIRECTOR	1.00	Director	$0	$0	$0
EVERETTE BROWN	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS LINDSEY	CHAPLAIN	1.00	Officer	$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	$462,950	$496,725	$1,148,982	$-33,775
2023	$412,933	$444,507	$1,219,401	$-31,574
2022	$425,750	$396,190	$1,289,518	$29,560
2021	$423,445	$431,311	$1,341,158	$-7,866
2020	$451,541	$467,510	$1,394,675	$-15,969
2019	$466,108	$426,899	$1,436,566	$39,209
2018	$420,615	$464,793	$1,453,890	$-44,178

KPC APARTMENTS