THE APARTMENTS OF THE VILLAGE (EIN 741622533) - 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

Legal Domicile

Principal Officer

RAUL VASQUEZ JR

Phone

3618532569

Tax Period

2024-01-01 to 2024-12-31

THE APARTMENTS OF THE VILLAGE is a micro nonprofit in the Housing & Shelter sector that reported $295 in total revenue in fiscal year 2024. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $954K exceeded revenue, resulting in a 323269% operating deficit.

Mission

L.U.L.A.C. VILLAGE PARK APARTMENTS IS A NONPROFIT TRUST OPERATED FOR PROVIDING HOUSING TO ELIGIBLE LOW INCOME FAMILIES UNDER SECTION 236 OF NATIONAL HOUSING ACT. IT IS A 152 UNIT APARTMENT COMPLEX WHICH RECEIVES FEDERALLY SUBSIDIZED RENT INCOME AND REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.THIS ENTITY INVOLVES BOARD ACTIVITY ONLY.

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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 $0

Program Service Revenue $0

Investment Income $295

Other Revenue $0

TOTAL REVENUE $295

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $953,939

Other Expenses $953,939

TOTAL EXPENSES $953,939

Year-over-Year Comparison

	2024	2023	Change
Revenue	$295	$1,804	-0.8%
Expenses	$953,939	$317,027	+2.0%
Net Income	$-953,644	$-315,223	+2.0%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR NICHOLAS ADAME	TRUSTEE	1.00	Director	$0	$0	$0
ALICE GONZALES	VICE PRESIDE	15.00	Director	$0	$0	$0
RAUL VASQUEZ JR	PRESIDENT	16.00	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	$295	$953,939	$1,859,979	$-953,644
2023	No data	$87,178	$2,178,549	No data
2023	$1,804	$317,027	$2,979,710	$-315,223
2022	No data	$28,910	$2,288,782	No data
2021	$100,000	$22,547	$2,321,212	$77,453
2020	$100,000	$3,340	$2,241,762	$96,660
2019	No data	$29,949	$2,145,102	No data
2018	$3,153	$48,273	$2,175,051	$-45,120

THE APARTMENTS OF THE VILLAGE