CARL INOWAY SENIOR HOUSING CORP (EIN 841382345) - 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

1997

Legal Domicile

Principal Officer

GARY OLIVER

Phone

8013646117

Tax Period

2024-01-01 to 2024-12-31

CARL INOWAY SENIOR HOUSING CORP, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $399K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $521K exceeded revenue, resulting in a 31% operating deficit.

Mission

PROVIDING LOW INCOME HOUSING TO THE ELDERLY & HANDICAPPED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $248,192

Program Service Revenue $150,589

Investment Income $31

Other Revenue $0

TOTAL REVENUE $398,812

Expense Breakdown

Grants Paid $0

Salaries & Benefits $78,092

Fundraising Expenses $0

Program Expenses $461,798

Other Expenses $443,397

TOTAL EXPENSES $521,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$398,812	$348,061	+0.1%
Expenses	$521,489	$510,488	+0.0%
Net Income	$-122,677	$-162,427	-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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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
GARY OLIVER	PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT SCHWAB	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
LAURA LEE DUARTE	SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL IWASAKI	BOARD MEMBER	1.00	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	$398,812	$521,489	$554,255	$-122,677
2023	$348,061	$510,488	$601,852	$-162,427
2022	$340,211	$448,786	$731,680	$-108,575
2021	$336,586	$419,951	$812,382	$-83,365
2020	$328,168	$379,226	$899,725	$-51,058
2019	$311,426	$378,766	$939,329	$-67,340
2018	$288,998	$392,269	$995,939	$-103,271

CARL INOWAY SENIOR HOUSING CORP