SKYLINE TOWERS INC (EIN 836007646) - 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

1969

Legal Domicile

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.

🔒

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 $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

🔒

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

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

$92,299

Total Directors

$92,299

Key Employees

Highest Compensated

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

SKYLINE TOWERS INC