FOSTER AVENUE APARTMENT CORPORATION CO CARING HOUSING MINISTRIES (EIN 954487773) - 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

1996

Legal Domicile

Phone

8182541414

Tax Period

2024-09-01 to 2025-08-31

FOSTER AVENUE APARTMENT CORPORATION CO CARING HOUSING MINISTRIES, founded in 1996, is a small nonprofit in the Unknown sector that reported $557K in total revenue in fiscal year 2024. Expenses of $614K exceeded revenue, resulting in a 10% operating deficit.

Mission

To provide Low income housing to families under Low Income Housing and Preservation and Resident Home-Ownership Act of 1990 (LIHPRHA).

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $512,604

Investment Income $28,348

Other Revenue $16,323

TOTAL REVENUE $557,275

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $613,635

Other Expenses $613,635

TOTAL EXPENSES $613,635

Year-over-Year Comparison

	2024	2023	Change
Revenue	$557,275	$533,885	+0.0%
Expenses	$613,635	$593,020	+0.0%
Net Income	$-56,360	$-59,135	0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARGOL KENNISON	Secretary	0.50	Officer Director	$0	$0	$0
WANDA TRUJILLO	RESIDENT BOARD	0.50	Director	$0	$0	$0
CHRIS JONES	President	0.50	Officer Director	$0	$0	$0
KAREN INGRAM	Vice President	0.50	Officer Director	$0	$0	$0
VIRIDIANA MARCHENA	RESIDENT BOARD	0.50	Director	$0	$0	$0
JOSEPH MILLER	Asst. Treasurer	1.00	Officer	$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	$557,275	$613,635	$1,682,427	$-56,360
2024	$533,885	$593,020	$1,747,085	$-59,135
2023	$506,930	$488,653	$1,788,791	$18,277
2022	$483,383	$507,801	$1,770,068	$-24,418
2021	$462,608	$500,548	$1,792,965	$-37,940
2020	$462,284	$476,813	$1,821,185	$-14,529
2019	$459,406	$466,612	$1,834,701	$-7,206
2018	$443,690	$398,576	$1,821,950	$45,114

FOSTER AVENUE APARTMENT CORPORATION CO CARING HOUSING MINISTRIES