FLORAL GARDENS APARTMENTS INC (EIN 680371265) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

BLANCA CASTILLEJA

Phone

4152581800

Tax Period

2024-04-01 to 2025-03-31

FLORAL GARDENS APARTMENTS INC, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $687K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $1.4M represent 24 months of operating reserves.

Mission

TO PROVIDE LOW-INCOME HOUSING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $179,476

Program Service Revenue $504,777

Investment Income $2,972

Other Revenue $0

TOTAL REVENUE $687,225

Expense Breakdown

Grants Paid $0

Salaries & Benefits $196,457

Fundraising Expenses $0

Program Expenses $673,653

Other Expenses $555,669

TOTAL EXPENSES $752,126

Year-over-Year Comparison

	2024	2023	Change
Revenue	$687,225	$598,577	+0.1%
Expenses	$752,126	$766,433	0.0%
Net Income	$-64,901	$-167,856	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$673,435

Total Directors

$673,435

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BLANCA CASTILLEJA	PRESIDENT	0.10	Officer Director	$0	$24,128	$176,100
KATHERINE FLEMING	VICE PRESIDENT	0.10	Officer Director	$0	$46,064	$354,634
MICHELLE PARKER	SECRETARY/TREAS	0.10	Officer Director	$0	$19,738	$142,701
CHARLOTTEE AYRES	DIRECTOR	0.10	Director	$0	$0	$0
MARIBEL DEL CAMPOS	DIRECTOR	0.10	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	$687,225	$752,126	$1,775,607	$-64,901
2024	$598,577	$766,433	$1,816,180	$-167,856
2023	$582,028	$637,055	$1,883,752	$-55,027
2022	$552,106	$642,086	$1,937,927	$-89,980
2021	$505,460	$585,517	$2,051,880	$-80,057
2020	$505,828	$556,434	$2,453,254	$-50,606
2019	$479,563	$502,757	$2,283,005	$-23,194

FLORAL GARDENS APARTMENTS INC