SKYLINE TOWERS INC

EIN: 836007646

CASPER, WY

Total Revenue
$652,150
Total Expenses
$707,365
Total Assets
$1,213,308
Net Assets
$-109,210
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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
1969
Legal Domicile
WY
Principal Officer
DOUG THOMAS
Tax Period
2023-01-01 to 2023-12-31

SKYLINE TOWERS INC, founded in 1969, is a small nonprofit that reported $652K in total revenue in fiscal year 2023.

Mission

To provide 101 low income apartments for elderly and disabled persons.

Program Service Accomplishments

Program 1
Expenses: $695,488

To provide 101 low income apartments for elderly and disabled persons. Parking spaces, laundry facilities, and cable television are provided for these tenants.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $651,274
Investment Income $37
Other Revenue $839
TOTAL REVENUE $652,150

Expense Breakdown

Grants Paid $0
Salaries & Benefits $197,853
Fundraising Expenses $0
Program Expenses $695,488
Other Expenses $509,512
TOTAL EXPENSES $707,365

Year-over-Year Comparison

2023 2022 Change
Revenue $652,150 $641,381 +0.0%
Expenses $707,365 $686,570 +0.0%
Net Income $-55,215 $-45,189 +0.2%
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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Governance

Voting Members
7
Independent Members
7
Employees
7
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
3
$92,299
Total Directors
7
$92,299
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY KNUDSON PROJECT MANAGER 40.00
Officer Director
$92,299 $0 $92,299
CHARLIE DOCKHAM President 1.00
Officer Director
$0 $0 $0
STEVE MCGINTY Board Member 1.00
Director
$0 $0 $0
DOUG THOMAS Treasurer 1.00
Director
$0 $0 $0
TERRY WINGERTER Board Member 1.00
Director
$0 $0 $0
JANA BEESON Board Member 0.00
Director
$0 $0 $0
SCOTT NORRIS VICE PRESIDENT 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
2024 No data No data No data No data
2023 $652,150 $707,365 $1,213,308 $-55,215
2022 $641,381 $686,570 $1,321,137 $-45,189
2021 $622,420 $687,695 $1,408,785 $-65,275
2020 $682,222 $639,743 $1,543,114 $42,479
2019 $796,468 $667,589 $1,593,021 $128,879
2018 $772,415 $732,443 $1,562,676 $39,972
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