METZGER PARK APARTMENTS INC (EIN 931189853) - 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

1996

Legal Domicile

Phone

5032934038

Tax Period

2023-01-01 to 2023-12-31

METZGER PARK APARTMENTS INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $319K in total revenue in fiscal year 2023. Expenses of $413K exceeded revenue, resulting in a 29% operating deficit.

Mission

PROVIDE AFFORDABLE HOUSING TO LOW INCOME PERSONS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $314,697

Investment Income $5

Other Revenue $4,172

TOTAL REVENUE $318,874

Expense Breakdown

Grants Paid $0

Salaries & Benefits $63,431

Fundraising Expenses $0

Program Expenses $412,555

Other Expenses $349,124

TOTAL EXPENSES $412,555

Year-over-Year Comparison

	2023	2022	Change
Revenue	$318,874	$314,602	+0.0%
Expenses	$412,555	$361,554	+0.1%
Net Income	$-93,681	$-46,952	+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

$199,911

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rachael Duke	Executive Dir.	1.00	Officer	$118,940	$8,744	$127,684
DANIELLE GIBSON	Controller	1.00	Officer	$42,208	$6,626	$48,834
AMY LAMMERS	Controller	1.00	Officer	$20,669	$2,724	$23,393
JUDY WERNER	President	1.00	Officer Director	$0	$0	$0
DOUNG CHRISTIANSEN	Treasurer	1.00	Officer 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	No data	No data	No data	No data
2023	$318,874	$412,555	$2,134,084	$-93,681
2022	$314,602	$361,554	$2,265,937	$-46,952
2021	$313,290	$355,677	$2,319,390	$-42,387
2020	$308,015	$359,375	$2,365,033	$-51,360
2019	$269,459	$327,998	$2,436,032	$-58,539
2018	$254,194	$321,064	$2,507,849	$-66,870

METZGER PARK APARTMENTS INC