TYRO SCHOOL APARTMENTS INC (EIN 800368717) - 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

2010

Legal Domicile

Principal Officer

AHAZ ARMSTRONG

Phone

3367653906

Tax Period

2024-07-01 to 2025-06-30

TYRO SCHOOL APARTMENTS INC, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $126K in total revenue in fiscal year 2024. Expenses of $204K exceeded revenue, resulting in a 62% operating deficit.

Mission

DEVELOPMENT OF LOW INCOME HOUSING FOR ELDERLY INDIVIDUALS.

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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 $71,222

Program Service Revenue $57,835

Investment Income $-3,163

Other Revenue $0

TOTAL REVENUE $125,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $196,543

Other Expenses $204,348

TOTAL EXPENSES $204,348

Year-over-Year Comparison

	2024	2023	Change
Revenue	$125,894	$123,403	+0.0%
Expenses	$204,348	$187,247	+0.1%
Net Income	$-78,454	$-63,844	+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

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

$121,695

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG PEATROSS	PRESIDENT	0.00	Officer Director	$0	$0	$0
MALLORY OLDHAM	SECRETARY	0.00	Officer Director	$0	$0	$0
GARRY MERRITT	DIRECTOR	0.00	Director	$0	$0	$0
DIANE EVANS	DIRECTOR	0.00	Director	$0	$0	$0
TAMMY VERNON	OUTGOING TREASURER	0.20	Officer	$0	$0	$121,695
AHAZ ARMSTRONG	TREASURER	0.20	Officer	$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	$125,894	$204,348	$1,300,669	$-78,454
2024	$123,403	$187,247	$1,348,355	$-63,844
2023	$131,794	$190,419	$1,386,690	$-58,625
2022	$131,333	$170,951	$1,443,479	$-39,618
2021	$130,998	$175,484	$1,480,701	$-44,486
2020	$133,063	$172,979	$1,527,653	$-39,916
2019	$128,541	$180,252	$1,567,977	$-51,711

TYRO SCHOOL APARTMENTS INC