COLOSIMO APARTMENTS INC (EIN 942711709) - 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

1980

Legal Domicile

Principal Officer

JON LAYMAN

Phone

4158646432

Tax Period

2024-07-01 to 2025-06-30

COLOSIMO APARTMENTS INC, founded in 1980, is a micro nonprofit in the Housing & Shelter sector that reported $62K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Net assets of $390K represent 76 months of operating reserves.

Mission

TO BENEFIT AND SUPPORT MISSION HOUSING DEVELOPMENT CORPORATION, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION, AND ITS PURPOSES IN ACCORDANCE WITH SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE.

🔒

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 $1,300

Program Service Revenue $60,406

Investment Income $4

Other Revenue $0

TOTAL REVENUE $61,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,561

Other Expenses $63,561

TOTAL EXPENSES $63,561

Year-over-Year Comparison

	2024	2023	Change
Revenue	$61,710	$55,114	+0.1%
Expenses	$63,561	$58,032	+0.1%
Net Income	$-1,851	$-2,918	-0.4%

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

$326,186

Total Directors

$326,186

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JON LAYMAN	CHAIRMAN	0.10	Officer Director	$0	$0	$0
SAM MOSS	VICE CHAIR	0.10	Officer Director	$0	$9,747	$326,186
MUSETTA SO	SECRETARY	0.10	Officer Director	$0	$0	$0
FERNANDO GOMEZ-BENITEZ	CFO	0.10	Officer Director	$0	$0	$0
IRVING GONZALES	DIRECTOR	0.10	Director	$0	$0	$0
JULIA KOSHELEVA-COATS	DIRECTOR	0.10	Director	$0	$0	$0
MARA ROSALES	DIRECTOR	0.10	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	$61,710	$63,561	$584,302	$-1,851
2024	$55,114	$58,032	$526,015	$-2,918
2022	$436,549	$40,300	$433,324	$396,249
2019	$71,856	$176,234	$2,253,566	$-104,378
2018	$73,874	$1,194	$2,357,944	$72,680

COLOSIMO APARTMENTS INC