GLENDALE HOUSING CORPORATION (EIN 830479916) - 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

2006

Legal Domicile

Principal Officer

JOSEPH SIMONESCHI

Phone

8187822211

Tax Period

2024-07-01 to 2025-06-30

GLENDALE HOUSING CORPORATION, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $243K in total revenue in fiscal year 2024. Expenses of $709K exceeded revenue, resulting in a 191% operating deficit.

Mission

TO PROVIDE HOUSING AND SUPPORT SERVICES FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $152,790

Program Service Revenue $90,326

Investment Income $342

Other Revenue $0

TOTAL REVENUE $243,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $657,390

Other Expenses $709,144

TOTAL EXPENSES $709,144

Year-over-Year Comparison

	2024	2023	Change
Revenue	$243,458	$227,778	+0.1%
Expenses	$709,144	$724,522	0.0%
Net Income	$-465,686	$-496,744	-0.1%

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

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

$1,063,347

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGARET ROSE SHULTZ	VICE PRESIDENT	0.30	Officer Director	$0	$0	$0
BRANDON LFEITELSON	SECRETARY/TREASURER	0.30	Officer Director	$0	$0	$0
KEVIN P MCCARTHY	DIRECTOR	0.30	Director	$0	$0	$0
PAUL MILLER	PRESIDENT	0.30	Officer Director	$0	$0	$0
LORI ANDERSON	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$23,000	$677,539
JOSEPH SIMONESCHI	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$23,000	$385,808

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	$243,458	$709,144	$8,454,641	$-465,686
2024	$227,778	$724,522	$8,621,710	$-496,744
2023	$210,867	$670,322	$8,765,166	$-459,455
2022	$196,832	$595,837	$8,976,196	$-399,005
2021	$186,872	$583,525	$9,148,383	$-396,653
2020	$175,013	$571,974	$9,339,962	$-396,961
2019	$169,608	$564,548	$9,522,204	$-394,940

GLENDALE HOUSING CORPORATION