Villages Ltd (EIN 742177138) - 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

1980

Legal Domicile

Principal Officer

Tonya Frammolino

Phone

9704162910

Tax Period

2023-01-01 to 2023-12-31

Villages Ltd, founded in 1980, is a mid-sized nonprofit that reported $10.6M in total revenue in fiscal year 2023. Revenue surged 329% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7.6M, a strong 71% operating margin.

Mission

To provide affordable housing for the elderly and low-income families of Fort Collins, Colorado.

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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 $1,178,197

Program Service Revenue $2,653,442

Investment Income $6,813,538

Other Revenue $0

TOTAL REVENUE $10,645,177

Expense Breakdown

Grants Paid $120,000

Salaries & Benefits $363,803

Fundraising Expenses $0

Program Expenses $2,959,333

Other Expenses $2,585,210

TOTAL EXPENSES $3,069,013

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,645,177	$2,481,924	+3.3%
Expenses	$3,069,013	$2,127,786	+0.4%
Net Income	$7,576,164	$354,138	+20.4%

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

N/A

Volunteers

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

$494,625

Total Directors

$268,836

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Julie Brewen	Secretary/Treasurer/CEO	10.00	Officer Director	$0	$32,772	$268,836
Cathy Mathis	Director	1.00	Director	$0	$0	$0
Jennifer Wagner	President	1.00	Officer Director	$0	$0	$0
Lizette Mill	Vice President	1.00	Officer Director	$0	$0	$0
David Bye	Director (thru May)	1.00	Director	$0	$0	$0
Emily Francis	Director	1.00	Director	$0	$0	$0
Ann Green	Director	1.00	Director	$0	$0	$0
Hepburn Wilkins	Director	1.00	Director	$0	$0	$0
Anne Nelsen	Director	1.00	Director	$0	$0	$0
Joseph Penta	Director	1.00	Director	$0	$0	$0
Tonya Frammolino	CFO	10.00	Officer	$0	$46,256	$225,789

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	$10,645,177	$3,069,013	$31,071,476	$7,576,164
2022	$2,481,924	$2,127,786	$23,852,035	$354,138
2021	$6,980,758	$2,100,094	$22,873,968	$4,880,664
2020	$2,904,574	$2,260,562	$18,418,389	$644,012
2019	$3,037,412	$2,262,335	$18,643,622	$775,077
2018	$2,898,930	$2,168,431	$19,306,898	$730,499

Villages Ltd