EDSIL'S PLACE APARTMENTS INC (EIN 753172063) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

CURTIS THRUSH

Phone

5025893030

Tax Period

2024-04-01 to 2025-03-31

EDSIL'S PLACE APARTMENTS INC, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $129K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $155K exceeded revenue, resulting in a 21% operating deficit.

Mission

EDSIL'S PLACE APARTMENTS, INC. WAS FORMED TO PROVIDE HOUSING FACILITIES, MAINTAINED AND OPERATED ON A CHARITABLE AND NON-PROFIT BASIS. SPECIFICALLY, THE ORGANIZATION HAS CONSTRUCTED AN 15-UNIT APARTMENT COMPLEX TO HOUSE HANDICAPPED INDIVIDUALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $128,124

Investment Income $62

Other Revenue $528

TOTAL REVENUE $128,714

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $125,441

Other Expenses $155,458

TOTAL EXPENSES $155,458

Year-over-Year Comparison

	2024	2023	Change
Revenue	$128,714	$108,819	+0.2%
Expenses	$155,458	$136,325	+0.1%
Net Income	$-26,744	$-27,506	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$115,155

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CURTIS THRUSH	PRESIDENT	1.00	Officer Director	$0	$0	$0
JERRY BODINE	MEMBER	1.00	Director	$0	$0	$0
KENNETH DOANE	MEMBER	1.00	Director	$0	$0	$0
PENELOPE BAKER	MEMBER	1.00	Director	$0	$0	$0
LINDA HOUSE	EXECUTIVE DIRECTOR	5.00	Officer	$0	$0	$115,155

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	$128,714	$155,458	$665,767	$-26,744
2024	$108,819	$136,325	$689,728	$-27,506
2023	$104,320	$149,361	$721,975	$-45,041
2022	$101,658	$170,985	$854,704	$-69,327
2021	$85,190	$144,784	$916,331	$-59,594
2020	$97,231	$137,895	$969,690	$-40,664
2019	$97,872	$133,683	$1,009,723	$-35,811

EDSIL'S PLACE APARTMENTS INC