ARBAC PROPERTIES INC (EIN 851690443) - 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

CATHERINE THOMSON

Phone

5049341491

Tax Period

2024-07-01 to 2025-06-30

ARBAC PROPERTIES INC, founded in 2020, is a micro nonprofit in the Community Improvement sector that reported $9K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $35K exceeded revenue, resulting in a 291% operating deficit.

Mission

ARBAC PROPERTIES INC. IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF HOLDING TITLE TO PROPERTY AND IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(2).

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $8,855

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,855

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $34,603

TOTAL EXPENSES $34,603

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,855	$24,000	-0.6%
Expenses	$34,603	N/A	N/A
Net Income	$-25,748	$24,000	-2.1%

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

$457,552

Total Directors

$350,008

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA A THOMAS	PRESIDENT	1.00	Officer Director	$0	$29,982	$186,623
CAROLYN FAVRE	DIRECTOR	1.00	Director	$0	$29,896	$163,385
ROBERT MUNCH	DIRECTOR	1.00	Director	$0	$0	$0
DANNY DOUGLASS	CHAIR	1.00	Director	$0	$0	$0
JAMIE G LASSERE	SECRETARY	1.00	Officer	$0	$13,629	$134,428
CATHERINE V THOMSON	TREASURER	1.00	Officer	$0	$10,169	$136,501

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
2025	$8,855	$34,603	$1,258,935	$-25,748
2024	No data	No data	No data	No data
2023	$41,388	$76,926	$2,191,896	$-35,538
2022	$63,283	$129,212	$2,227,434	$-65,929
2021	$15,600	$124,136	$2,293,363	$-108,536

ARBAC PROPERTIES INC