EASTMONT TOWERS FOUNDATION (EIN 911767080) - 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

1997

Legal Domicile

Principal Officer

ANDREW FISHER

Phone

4024867515

Tax Period

2023-10-01 to 2024-09-30

EASTMONT TOWERS FOUNDATION, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $575K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $501K left a modest 13% surplus.

Mission

TO RAISE MONEY FOR THE USE OF CHRISTIAN RETIREMENT 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 (2023)

Revenue Breakdown

Contributions & Grants $369,878

Program Service Revenue $0

Investment Income $181,104

Other Revenue $23,905

TOTAL REVENUE $574,887

Expense Breakdown

Grants Paid $286,338

Salaries & Benefits $124,573

Fundraising Expenses $0

Program Expenses $286,338

Other Expenses $89,787

TOTAL EXPENSES $500,698

Year-over-Year Comparison

	2023	2022	Change
Revenue	$574,887	$630,837	-0.1%
Expenses	$500,698	$470,458	+0.1%
Net Income	$74,189	$160,379	-0.5%

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

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

Total Directors

$186,443

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREW FISHER MHA NHA	EXECUTIVE DIRECTOR	10.00	Director	$0	$30,473	$186,443
GREG SULLIVAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
JEFF AHL	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JIM ESSAY	TREASURER	1.00	Officer Director	$0	$0	$0
DOUG KOENIG	SECRETARY	1.00	Officer Director	$0	$0	$0
KATHY ASBOE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN BOUDREAU	DIRECTOR	1.00	Director	$0	$0	$0
BOB BRYANT	DIRECTOR	1.00	Director	$0	$0	$0
JILL JENSEN	DIRECTOR	1.00	Director	$0	$0	$0
MARY JANE RINGSMUTH	DIRECTOR	1.00	Director	$0	$0	$0
KRIS ROSENOW	DIRECTOR	1.00	Director	$0	$0	$0
DEAN SCHNEIDER	DIRECTOR	1.00	Director	$0	$0	$0
BETSY SHEETS	DIRECTOR	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
2024	$574,887	$500,698	$4,954,471	$74,189
2023	$630,837	$470,458	$4,384,845	$160,379
2022	$655,053	$559,008	$3,983,390	$96,045
2021	$478,021	$201,561	$4,491,236	$276,460
2020	$456,959	$228,130	$3,854,431	$228,829
2019	$329,499	$245,824	$3,541,375	$83,675
2018	$370,807	$334,623	$3,431,022	$36,184

EASTMONT TOWERS FOUNDATION