CONROY BUILDING ASSOCIATION

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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

1960

Legal Domicile

Principal Officer

Chris Smith

Phone

3072653800

Tax Period

2025-01-01 to 2025-12-31

CONROY BUILDING ASSOCIATION, founded in 1960, is a small nonprofit in the Mutual Benefit sector that reported $257K in total revenue in fiscal year 2025. The organization ran a surplus of $186K, a strong 72% operating margin.

Mission

None

Program Service Accomplishments

Program 1

Expenses: $70,945 Revenue: $256,550

PROVIDING FOR THE OPERATION, MAINTENANCE, PRESERVATION, AND ARCHITECTURAL CONTROL OF CONDOMINIUM UNITS AND COMMON AREA WITHIN CONROY BUILDING CONDOMINIUM PROJECT

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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 (2025)

Revenue Breakdown

Contributions & Grants $256,550

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $256,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $70,945

Other Expenses $70,945

TOTAL EXPENSES $70,945

Year-over-Year Comparison

	2025	2024	Change
Revenue	$256,550	N/A	N/A
Expenses	$70,945	N/A	N/A
Net Income	$185,605	$0	N/A

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
Chris Smith	President	0.00	Officer	$0	$0	$0
Judith A Studer	Secretary	0.00	Officer	$0	$0	$0
Chris Smith	Treasurer	10.00	Officer	$0	$0	$0
Cameron S Walker	Vice President	0.00	Officer	$0	$0	$0
Joe Michaels	Director	0.00	Officer	$0	$0	$0
Laura Skiles	Director	0.00	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	$256,550	$70,945	$332,419	$185,605