AZALEA PLACE NONPROFIT HOUSING

🔒

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

2001

Legal Domicile

Principal Officer

SUSAN DERENZO

Phone

3609939560

Tax Period

2024-01-01 to 2024-12-31

AZALEA PLACE NONPROFIT HOUSING, founded in 2001, is a small nonprofit in the Mental Health sector that reported $157K in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $178K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROVIDE LOW-INCOME HOUSING

Program Service Accomplishments

Program 1

Expenses: $178,242 Revenue: $134,686

OPERATE A 12 UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN VANCOUVER, WASHINGTON UNDER SECTION 811 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN...

OPERATE A 12 UNIT APARTMENT COMPLEX FOR THE ELDERLY LOCATED IN VANCOUVER, WASHINGTON UNDER SECTION 811 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

🔒

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 $134,686

Investment Income $19

Other Revenue $21,831

TOTAL REVENUE $156,536

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $178,242

Other Expenses $178,242

TOTAL EXPENSES $178,242

Year-over-Year Comparison

	2024	2023	Change
Revenue	$156,536	$1,041,698	-0.8%
Expenses	$178,242	$168,148	+0.1%
Net Income	$-21,706	$873,550	-1.0%

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

Total Directors

$133,351

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SUSAN DERENZO	CHAIR	N/A	Director	$0	$0	$0
JIM DAVID	VICE CHAIR	N/A	Director	$0	$0	$0
SHARIF BURDZIK	DIRECTOR	N/A	Director	$0	$0	$0
SAMANTHA WALDBAUER	DIRECTOR	N/A	Director	$0	$0	$0
LISA THOMPSON	SECRETARY TR	N/A	Director	$0	$0	$0
MATHEW LENNICK	DIRECTOR	N/A	Director	$0	$0	$0
VICTOR CAESAR	EXECUTIVE DI	N/A	Director	$0	$0	$133,351
STEPHANIE LUO	FINANCE MANA	N/A	Highest	$0	$0	$100,668

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	No data	No data	No data	No data
2024	$156,536	$178,242	$1,661,039	$-21,706
2023	$1,041,698	$168,148	$2,196,433	$873,550
2022	$133,082	$177,543	$871,367	$-44,461
2021	$169,638	$160,247	$824,398	$9,391
2020	$112,608	$138,519	$872,000	$-25,911
2019	$109,404	$130,297	$879,090	$-20,893
2018	$94,573	$137,814	$921,726	$-43,241