MARGARET MCDOWELL ASSOCIATES INC C… - Form 990 Financial Data

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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

1996

Legal Domicile

Principal Officer

CYNTHIA ALVAREZ

Phone

5106326712

Tax Period

2023-10-01 to 2024-09-30

MARGARET MCDOWELL ASSOCIATES INC C/O CHRISTIAN CHURCH HOMES, founded in 1996, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $373K, a strong 27% operating margin.

Mission

PROVIDE SUBSIDIZED HOUSING (87 UNIT COMPLEX) FOR ELDERLY LOW INCOME SENIORS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

Program Service Accomplishments

Program 1

Expenses: $960,424 Revenue: $359,076

TO DEVELOP AND OPERATE A 87-UNIT AFFORDABLE HOUSING DEVELOPMENT SPECIFICALLY FOR VERY-LOW INCOME ELDERLY AND DISABLED PERSONS LOCATED IN WEST SACRAMENTO, CALIFORNIA.

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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 $996,836

Program Service Revenue $359,076

Investment Income $307

Other Revenue $0

TOTAL REVENUE $1,356,219

Expense Breakdown

Grants Paid $0

Salaries & Benefits $277,428

Fundraising Expenses $0

Program Expenses $960,424

Other Expenses $706,268

TOTAL EXPENSES $983,696

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,356,219	$810,294	+0.7%
Expenses	$983,696	$1,055,764	-0.1%
Net Income	$372,523	$-245,470	-2.5%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA STEFFEY	PRESIDENT	0.50	Officer Director	$0	$0	$0
MICHAEL GORMAN	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
SANDRA HILL	DIRECTOR	0.50	Director	$0	$0	$0
MIKE CARLSON	DIRECTOR	0.50	Director	$0	$0	$0
IDRENA NICKS	DIRECTOR	0.50	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	$1,356,219	$983,696	$3,784,846	$372,523
2023	$810,294	$1,055,764	$3,433,660	$-245,470
2022	$736,429	$926,049	$3,587,129	$-189,620
2021	$713,953	$945,179	$3,739,361	$-231,226
2020	$708,244	$942,478	$3,900,203	$-234,234

MARGARET MCDOWELL ASSOCIATES INC C/O CHRISTIAN CHURCH HOMES