EASTERN TOWER CONDOMINIUM ASSOCIATION (EIN 833625799) - 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

2019

Legal Domicile

Principal Officer

JOHN CHIN

Phone

2159222156

Tax Period

2025-01-01 to 2025-12-31

EASTERN TOWER CONDOMINIUM ASSOCIATION, founded in 2019, is a small nonprofit in the Human Services sector that reported $636K in total revenue in fiscal year 2025. Expenses of $721K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO OVERSEE THE COMMON AREA AND COMMON ASSETS OF CRANE CENTER,A NON PROFIT SPONSORED BUILDING CONSISTING OF A COMMUNITY CENTER, RESIDENTIAL AND COMMERCIAL AREAS.

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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 $0

Program Service Revenue $635,798

Investment Income $120

Other Revenue $0

TOTAL REVENUE $635,918

Expense Breakdown

Grants Paid $0

Salaries & Benefits $213,132

Fundraising Expenses $0

Program Expenses $720,958

Other Expenses $507,826

TOTAL EXPENSES $720,958

Year-over-Year Comparison

	2025	2024	Change
Revenue	$635,918	$635,798	+0.0%
Expenses	$720,958	$637,276	+0.1%
Net Income	$-85,040	$-1,478	+56.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGARET CHIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN CHIN	SECRETARY	1.00	Officer Director	$0	$0	$0
RACHEL MAK	TREASURER	1.00	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	$635,918	$720,958	$268,673	$-85,040
2024	$635,798	$637,276	$264,120	$-1,478
2023	$635,798	$497,074	$288,827	$138,724
2022	$509,693	$555,325	$180,575	$-45,632
2021	$595,722	$557,621	$275,108	$38,101
2020	$618,854	$509,031	$237,967	$109,823

EASTERN TOWER CONDOMINIUM ASSOCIATION