SKYLINE RESIDENCES

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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. WE AT SKYLINE BELIEVE ADDICTION IS A CHRONIC AND PROGRESSIVE DISEASE THAT AFFECTS THE WHOLE PERSON: PHYSICALLY, EMOTIONALLY, MENTALLY AND SPIRITUALLY. WE ALSO BELIEVE THAT CHEMICAL DEPENDENCY IS A FAMILY DISEASE BECAUSE FAMILY MEMBERS AND SIGNIFICANT OTHERS ARE AFFECTED BY A LOVED ONE'S ADDICTION. OUR STRUCTURED SOBER LIVING HOMES AND RECOVERY HOMES WORK FOR ANYONE WHO WANTS RECOVERY AND IS WILLING TO GO TO ANY LENGTHS TO GET IT.

Program Service Accomplishments

Program 1

Expenses: $381,317 Revenue: $389,465

STRUCTURED SOBER LIVING AND RECOVERY HOMES

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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