Meadow Park Independent Living INC (EIN 651095074) - 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

2001

Legal Domicile

Principal Officer

Israel Wilhelm

Phone

8168613829

Tax Period

2024-07-01 to 2025-06-30

Meadow Park Independent Living INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $651K in total revenue in fiscal year 2024. Expenses of $825K exceeded revenue, resulting in a 27% operating deficit.

Mission

To provide safe & affordable subsidized apartment rental housing to low-income adults.

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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 $498,593

Program Service Revenue $148,927

Investment Income $3,868

Other Revenue $0

TOTAL REVENUE $651,388

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,958

Fundraising Expenses $0

Program Expenses $761,363

Other Expenses $653,575

TOTAL EXPENSES $824,533

Year-over-Year Comparison

	2024	2023	Change
Revenue	$651,388	$634,137	+0.0%
Expenses	$824,533	$587,177	+0.4%
Net Income	$-173,145	$46,960	-4.7%

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

$31,200

Total Directors

$31,200

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Israel Wilhelm	President	Officer Director	$0	$1,200	$31,200
Levy Brook	Sec./Treasurer	Officer Director	$0	$0	$0
Abraham Lapine	Director	Director	$0	$0	$0
Deborah Friedman	Director	Director	$0	$0	$0
William Franklyn Richardson	Director	Director	$0	$0	$0
Russell Grudhauser	Director	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
2025	$651,388	$824,533	$2,006,411	$-173,145
2024	$634,137	$587,177	$2,185,254	$46,960
2023	$539,903	$497,837	$2,198,454	$42,066
2022	$380,636	$447,017	$2,079,450	$-66,381
2021	$313,190	$430,289	$2,148,148	$-117,099
2020	$320,354	$369,634	$2,255,300	$-49,280
2019	$312,264	$385,866	$2,281,917	$-73,602
2018	$318,151	$373,635	$2,363,359	$-55,484

Meadow Park Independent Living INC