EATON PLACE 202 INC % THE COMMUNITY BUILDERS INC

EIN: 800038578 501(c)(3) Housing & Shelter

BOSTON, MA

Total Revenue
$959,834
Total Expenses
$1,142,939
Total Assets
$6,427,054
Net Assets
$4,572,349
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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
2002
Legal Domicile
MA
Principal Officer
THOMAS BUONOPANE
Phone
8572218600
Tax Period
2024-01-01 to 2024-12-31

EATON PLACE 202 INC % THE COMMUNITY BUILDERS INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $960K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO ACQUIRE, BUILD AND OPERATE FIFTY UNITS OF LOW-INCOME HOUSING FOR THE ELDERLY IN FRANKLIN, MASSACHUSETTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $526,503
Program Service Revenue $374,313
Investment Income $3,122
Other Revenue $55,896
TOTAL REVENUE $959,834

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,052,144
Other Expenses $1,142,939
TOTAL EXPENSES $1,142,939

Year-over-Year Comparison

2024 2023 Change
Revenue $959,834 $572,493 +0.7%
Expenses $1,142,939 $842,936 +0.4%
Net Income $-183,105 $-270,443 -0.3%
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

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Governance

Voting Members
2
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
2
$594,624
Total Directors
2
$594,624
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS BUONOPANE PRESIDENT/DIRECTOR 0.10
Officer Director
$0 $44,554 $291,566
D MORGAN WILSON TREASURER/SECRETARY/DIRECTOR 0.10
Officer Director
$0 $45,315 $303,058
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 $959,834 $1,142,939 $6,427,054 $-183,105
2023 $572,493 $842,936 $6,388,665 $-270,443
2022 $568,608 $797,438 $6,609,285 $-228,830
2021 $567,479 $771,432 $6,830,744 $-203,953
2020 $571,202 $709,161 $7,008,106 $-137,959
2019 $589,107 $779,341 $7,145,036 $-190,234
2018 $520,394 $711,042 $7,357,143 $-190,648
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