Creek Forest Apartments Inc (EIN 731004845) - 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

1972

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Creek Forest Apartments Inc, founded in 1972, is a small nonprofit in the Housing & Shelter sector that reported $585K in total revenue in fiscal year 2023. Expenses of $655K exceeded revenue, resulting in a 12% operating deficit.

Mission

Provide low rent housing for 100 low to moderate income families and individuals.

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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 $304,534

Program Service Revenue $279,092

Investment Income $0

Other Revenue $1,806

TOTAL REVENUE $585,432

Expense Breakdown

Grants Paid $0

Salaries & Benefits $183,215

Fundraising Expenses $0

Program Expenses $651,688

Other Expenses $471,923

TOTAL EXPENSES $655,138

Year-over-Year Comparison

	2023	2022	Change
Revenue	$585,432	$550,238	+0.1%
Expenses	$655,138	$691,356	-0.1%
Net Income	$-69,706	$-141,118	-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
Odette Freeman	PPRC Person	1.00	Director	$0	$0	$0
Richard Anderson	Treasurer	1.00	Officer Director	$0	$0	$0
Mandy Juneau	Secretary	1.00	Officer Director	$0	$0	$0
Rikki Wolfe	Lay Speaker	1.00	Officer Director	$0	$0	$0
Janet Juneau	Chair	1.00	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
2024	No data	No data	No data	No data
2023	$585,432	$655,138	$531,285	$-69,706
2022	$550,238	$691,356	$598,238	$-141,118
2021	$564,228	$654,582	$730,008	$-90,354
2020	$547,657	$548,014	$820,592	$-357
2019	$544,705	$559,633	$821,531	$-14,928
2018	$568,852	$578,017	$840,038	$-9,165

Creek Forest Apartments Inc