RIO CONCHO MANOR INC (EIN 751219630) - 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

1960

Legal Domicile

Principal Officer

ELISABETH ELSASS

Phone

3256531581

Tax Period

2024-01-01 to 2024-12-31

RIO CONCHO MANOR INC, founded in 1960, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.7M left a modest 3% surplus.

Mission

PROVIDE HOUSING FOR PERSONS 62 YEARS AND OLDER THROUGH APARTMENT RENTALS AND LIFETIME LEASES.

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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 $76,070

Program Service Revenue $1,657,352

Investment Income $26,097

Other Revenue $25,479

TOTAL REVENUE $1,784,998

Expense Breakdown

Grants Paid $0

Salaries & Benefits $417,956

Fundraising Expenses $0

Program Expenses $1,225,890

Other Expenses $1,311,152

TOTAL EXPENSES $1,729,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,784,998	$1,579,197	+0.1%
Expenses	$1,729,108	$1,507,104	+0.1%
Net Income	$55,890	$72,093	-0.2%

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

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

$106,935

Total Directors

$106,935

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELISABETH ELSASS	EXECUTIVE DIR.	40.00	Officer Director	$0	$3,175	$106,935
SANDY SPEED	PRESIDENT	1.00	Officer Director	$0	$0	$0
GARY BOWEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PAT MALLOY	TRUSTEE	1.00	Director	$0	$0	$0
SHARLA ADAM	TRUSTEE	1.00	Director	$0	$0	$0
PAULA DOWLER	SECRETARY	1.00	Officer Director	$0	$0	$0
GREG ALLCORN	TRUSTEE	1.00	Director	$0	$0	$0
SHERRI BALENTINE-TIPTON	TREASURER	1.00	Officer Director	$0	$0	$0
TOM ABBOTT	TRUSTEE	1.00	Director	$0	$0	$0
TRAVIS GRIFFITH	TRUSTEE	1.00	Director	$0	$0	$0
RAUL LOPEZ	TRUSTEE	1.00	Director	$0	$0	$0
DALLAS SWAFFORD	TRUSTEE	1.00	Director	$0	$0	$0
JIM STANLEY	TRUSTEE	1.00	Director	$0	$0	$0
WILSON STOKES	TRUSTEE	1.00	Director	$0	$0	$0
WAYNE MERRILL	TRUSTEE	1.00	Director	$0	$0	$0
JIM VON GONTEN	TRUSTEE	1.00	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	$1,784,998	$1,729,108	$1,525,027	$55,890
2023	$1,579,197	$1,507,104	$1,428,621	$72,093
2022	$1,691,991	$1,596,166	$1,406,960	$95,825
2021	$1,436,458	$1,424,172	$1,278,833	$12,286
2020	$1,466,019	$1,377,105	$1,277,493	$88,914
2019	$1,416,493	$1,381,688	$1,278,046	$34,805
2018	$1,370,046	$1,414,778	$1,321,739	$-44,732

RIO CONCHO MANOR INC