MEADOWOOD GLEN II LIMITED (EIN 820477098) - 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

1995

Legal Domicile

Principal Officer

JOHN BRUNING

Phone

2086643095

Tax Period

2023-01-01 to 2023-12-31

MEADOWOOD GLEN II LIMITED, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $132K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. Expenses of $173K exceeded revenue, resulting in a 31% operating deficit.

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE LOW INCOME HOUSING FOR THOSE WHO QUALIFY UNDER THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT'S SECTION 202 PROGRAM FOR THE ELDERLY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $28,028

Program Service Revenue $103,615

Investment Income $33

Other Revenue $0

TOTAL REVENUE $131,676

Expense Breakdown

Grants Paid $0

Salaries & Benefits $25,075

Fundraising Expenses $0

Program Expenses $139,777

Other Expenses $147,759

TOTAL EXPENSES $172,834

Year-over-Year Comparison

	2023	2022	Change
Revenue	$131,676	$98,167	+0.3%
Expenses	$172,834	$158,075	+0.1%
Net Income	$-41,158	$-59,908	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY RILEY	EXECUTIVE DIRECTOR	2.00		$0	$16,468	$131,444
LINDA MITCHELL	Secretary	0.10	Officer Director	$0	$0	$0
ROBERT MYKLEBUST	Director	0.10	Director	$0	$0	$0
RENATA MCLEOD	Director	0.10	Director	$0	$0	$0
JOHN BRUNING	President	0.10	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
2024	No data	No data	No data	No data
2023	$131,676	$172,834	$437,229	$-41,158
2022	$98,167	$158,075	$481,692	$-59,908
2021	$94,641	$118,529	$595,250	$-23,888
2020	$93,834	$106,431	$617,265	$-12,597
2019	$87,093	$112,586	$637,210	$-25,493
2018	$86,920	$111,780	$658,340	$-24,860

MEADOWOOD GLEN II LIMITED