SKYLINE RESIDENCES (EIN 851462661) - 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

2020

Legal Domicile

Principal Officer

MYLES R MAZZANTI

Phone

4126820120

Tax Period

2024-01-01 to 2024-12-31

SKYLINE RESIDENCES, founded in 2020, is a small nonprofit in the Housing & Shelter sector that reported $458K in total revenue in fiscal year 2024. Expenses of $416K left a modest 9% surplus.

Mission

SKYLINE RECOVERY IS A 501(C)(3) ORGANIZATION FORMED TO ASSIST PEOPLE IN THEIR TRANSITION TO THEIR FULL POTENTIAL BY OFFERING SAFE HOUSING AND A SUPPORTIVE ENVIRONMENT.

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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 $68,646

Program Service Revenue $389,465

Investment Income $0

Other Revenue $0

TOTAL REVENUE $458,111

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $381,317

Other Expenses $415,677

TOTAL EXPENSES $415,677

Year-over-Year Comparison

	2024	2023	Change
Revenue	$458,111	$448,346	+0.0%
Expenses	$415,677	$441,635	-0.1%
Net Income	$42,434	$6,711	+5.3%

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

$6,000

Total Directors

$6,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYLES MAZZANTI	EXECUTIVE DIRECTOR & PRESI	25.00	Officer Director	$6,000	$0	$6,000
ANTHONY LUPINACCI	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
JAMES BULLS	BOARD MEMBER	0.25	Director	$0	$0	$0
JEFF WOODARD	BOARD MEMBER	0.25	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	$458,111	$415,677	$567,696	$42,434
2023	$448,346	$441,635	$428,211	$6,711
2022	$378,512	$369,988	$408,915	$8,524
2021	$306,196	$301,218	$178,750	$4,978

SKYLINE RESIDENCES