BROMONT HOUSING CORPORATION OLIVE MANOR SENIOR APARTMENTS (EIN 954724249) - 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

1998

Legal Domicile

Principal Officer

MATTHEW OSBORNE

Phone

6788606833

Tax Period

2024-01-01 to 2024-12-31

BROMONT HOUSING CORPORATION OLIVE MANOR SENIOR APARTMENTS, founded in 1998, is a micro nonprofit that reported $354 in total revenue in fiscal year 2024. Revenue fell 80% from the prior year — a significant decline worth monitoring. Expenses of $341K exceeded revenue, resulting in a 96331% operating deficit.

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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 $0

Investment Income $354

Other Revenue $0

TOTAL REVENUE $354

Expense Breakdown

Grants Paid $340,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $340,517

Other Expenses $1,367

TOTAL EXPENSES $341,367

Year-over-Year Comparison

	2024	2023	Change
Revenue	$354	$1,733	-0.8%
Expenses	$341,367	$6,849	+48.8%
Net Income	$-341,013	$-5,116	+65.7%

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
MATTHEW OSBORNE	DIRECTOR/PRESIDENT	0.50	Officer Director	$0	$0	$0
JOSHUA HAMMOND	DIRECTOR/TREASURER	0.50	Officer Director	$0	$0	$0
PAUL PONTE	DIRECTOR/SECRETARY	0.50	Officer Director	$0	$0	$0
PATRICK SHEA	DIRECTOR	0.50	Director	$0	$0	$0
MARK SEGAL	DIRECTOR	0.50	Director	$0	$0	$0
ROBERT BALDACCI	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	$354	$341,367	$52,142	$-341,013
2023	$1,733	$6,849	$393,083	$-5,116
2022	$4,957,695	$2,468,315	$400,603	$2,489,380
2021	$1,003,536	$926,105	$4,805,476	$77,431
2020	$469,526	$703,002	$4,788,979	$-233,476
2019	$435,729	$589,767	$4,935,688	$-154,038
2018	$409,670	$551,860	$5,069,793	$-142,190

BROMONT HOUSING CORPORATION OLIVE MANOR SENIOR APARTMENTS