LIBERTY GOLDEN AGE HOUSING DEVELOPMENT FUND COMPANY INC (EIN 844885618) - 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

2020

Legal Domicile

Principal Officer

RANDELL DENTON

Phone

3153371401

Tax Period

2022-01-01 to 2022-12-31

LIBERTY GOLDEN AGE HOUSING DEVELOPMENT FUND COMPANY INC, founded in 2020, is a small nonprofit that reported $909K in total revenue in fiscal year 2022. Expenses of $1.0M exceeded revenue, resulting in a 12% operating deficit.

Mission

RENTAL OF LOW INCOME APARTMENTS.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $908,163

Investment Income $414

Other Revenue $0

TOTAL REVENUE $908,577

Expense Breakdown

Grants Paid $0

Salaries & Benefits $184,582

Fundraising Expenses $0

Program Expenses $878,994

Other Expenses $829,365

TOTAL EXPENSES $1,013,947

Year-over-Year Comparison

	2022	2021	Change
Revenue	$908,577	$903,078	+0.0%
Expenses	$1,013,947	$932,387	+0.1%
Net Income	$-105,370	$-29,309	+2.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID CARELLO	SR VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN F BUFFA	TREASURER	1.00	Officer Director	$0	$0	$0
DAVID COLLIS	SECRETARY	1.00	Officer Director	$0	$0	$0
PATRICIA CAPRIO	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DONALD DAVIDSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
TIMOTHY BIRNIE	DIRECTOR	0.00	Director	$0	$0	$0
FREDERICK GRIFFIN	DIRECTOR	0.00	Director	$0	$0	$0
CINDY LAFOUNTAIN	DIRECTOR	0.00	Director	$0	$0	$0
MATTHEW NIMEY	DIRECTOR	0.00	Director	$0	$0	$0
ROBERT RYAN	DIRECTOR	0.00	Director	$0	$0	$0
REV MSGR WALTER MADEJ	DIRECTOR	0.00	Officer Director	$0	$0	$0
MARY RHOADES	DIRECTOR	0.00	Director	$0	$0	$0
RICHARD SANBORN	DIRECTOR	0.00	Director	$0	$0	$0
CHRISTINA SANFILIPPO	DIRECTOR	0.00	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
2022	$908,577	$1,013,947	$2,994,745	$-105,370
2021	$903,078	$932,387	$3,128,381	$-29,309
2020	$72,482	$275,515	$4,211,840	$-203,033

LIBERTY GOLDEN AGE HOUSING DEVELOPMENT FUND COMPANY INC