GARLAND ESTATES FOR SENIORS INC (EIN 752701018) - 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

1997

Legal Domicile

Principal Officer

Chris Kerbow

Phone

9726433200

Tax Period

2024-01-01 to 2024-12-31

GARLAND ESTATES FOR SENIORS INC, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $216K in total revenue in fiscal year 2024. Expenses of $281K exceeded revenue, resulting in a 30% operating deficit.

Mission

TO PROVIDE LOW COST HOUSING FOR THE ELDERLY AND DISABLED

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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 $215,317

Investment Income $950

Other Revenue $0

TOTAL REVENUE $216,267

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,818

Fundraising Expenses $0

Program Expenses $280,958

Other Expenses $226,140

TOTAL EXPENSES $280,958

Year-over-Year Comparison

	2024	2023	Change
Revenue	$216,267	$211,530	+0.0%
Expenses	$280,958	$266,448	+0.1%
Net Income	$-64,691	$-54,918	+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

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
Grace Chao	Director	1.00	Director	$0	$0	$0
ROBERT MURPHY	Secretary	1.00	Officer Director	$0	$0	$0
Chris Kerbow	President	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
2025	No data	No data	No data	No data
2024	$216,267	$280,958	$1,074,601	$-64,691
2023	$211,530	$266,448	$1,108,837	$-54,918
2022	$196,553	$276,124	$1,162,916	$-79,571
2021	$186,873	$253,566	$1,230,883	$-66,693
2020	$188,017	$234,364	$1,286,188	$-46,347
2019	$181,467	$222,548	$1,326,605	$-41,081
2018	$176,102	$228,521	$1,362,067	$-52,419

GARLAND ESTATES FOR SENIORS INC