Prairie West Apartments Inc

🔒

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

2022

Legal Domicile

Phone

6053745963

Tax Period

2024-10-01 to 2025-09-30

Prairie West Apartments Inc, founded in 2022, is a small nonprofit in the Housing & Shelter sector that reported $167K in total revenue in fiscal year 2024. The organization ran a surplus of $49K, a strong 29% operating margin.

Mission

To provide housing for low income individuals and families

Program Service Accomplishments

Program 1

Expenses: $105,043 Revenue: $54,904

To operate low income housing project titled Prairie West Apartments, Inc. The revenue listed above does not maintain the original contribution of the land and building.

🔒

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 $111,739

Program Service Revenue $54,904

Investment Income $0

Other Revenue $0

TOTAL REVENUE $166,643

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $105,043

Other Expenses $117,722

TOTAL EXPENSES $117,722

Year-over-Year Comparison

	2024	2023	Change
Revenue	$166,643	$154,646	+0.1%
Expenses	$117,722	$110,261	+0.1%
Net Income	$48,921	$44,385	+0.1%

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

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

$56,804

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Cathy Evans	Executive Director	4.00	Officer	$0	$0	$56,804
Tim Kvale	President	1.00	Officer	$0	$0	$0
Michael Van Beek	Vice President	1.00	Officer	$0	$0	$0
Deloris Wells	Member	1.00	Director	$0	$0	$0
Jaden Schockley	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
2025	$166,643	$117,722	$690,931	$48,921
2024	$154,646	$110,261	$638,267	$44,385
2023	$156,463	$119,842	$588,031	$36,621
2022	$618,912	$73,990	$548,545	$544,922