PRAIRIE TOWER APARTMENTS (EIN 810372115) - 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

1978

Legal Domicile

Phone

4062483377

Tax Period

2024-10-01 to 2025-09-30

PRAIRIE TOWER APARTMENTS, founded in 1978, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2024. The organization ran a surplus of $346K, a strong 25% operating margin.

Mission

PROVIDE LOW INCOME HOUSING TO 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 $798,895

Program Service Revenue $539,251

Investment Income $46,461

Other Revenue $0

TOTAL REVENUE $1,384,607

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $957,678

Other Expenses $1,038,425

TOTAL EXPENSES $1,038,425

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,384,607	$1,353,621	+0.0%
Expenses	$1,038,425	$1,098,331	-0.1%
Net Income	$346,182	$255,290	+0.4%

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
STEVE BJORDAHL	DIRECTOR	0.50	Director	$0	$0	$0
GAYLE ZICKUHR	Director	0.50	Officer Director	$0	$0	$0
MIC DAWSON	Secretary	0.50	Officer Director	$0	$0	$0
DAN SEIFERT	Director	0.50	Director	$0	$0	$0
NATHAN SONNENSCHEIN	Director	0.50	Director	$0	$0	$0
KATHY TODD	Director	0.50	Director	$0	$0	$0
TOM HOWARD	Director	0.50	Director	$0	$0	$0
MIKE DEVOUS	Director	0.50	Director	$0	$0	$0
DENNIS OSLON	Director	0.50	Director	$0	$0	$0
LINDA BOGGIO	Director	0.50	Director	$0	$0	$0
SUE BAILEY	Director	0.50	Director	$0	$0	$0
TOM TULLY	Director	0.50	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	$1,384,607	$1,038,425	$3,672,987	$346,182
2024	$1,353,621	$1,098,331	$3,284,267	$255,290
2023	$1,266,832	$1,075,014	$3,036,919	$191,818
2022	$1,251,308	$1,048,363	$2,859,098	$202,945
2021	$1,282,664	$1,031,495	$2,630,836	$251,169
2020	$1,397,566	$1,152,921	$2,431,060	$244,645
2019	$1,392,095	$1,125,754	$2,268,791	$266,341
2018	$1,361,113	$1,048,860	$2,201,061	$312,253

PRAIRIE TOWER APARTMENTS