MAKALAPA MANOR APARTMENTS (EIN 990147048) - 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

1971

Legal Domicile

Principal Officer

CATHERINE KANEHIRO

Phone

8085399777

Tax Period

2023-10-01 to 2024-09-30

MAKALAPA MANOR APARTMENTS, founded in 1971, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HOUSING ON A COOPERATIVE BASIS IN THE MANNER PURSUANT TO SECTION 236 OF TITLE II OF THE NATIONAL HOUSING ACT.

🔒

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 $64,708

Program Service Revenue $1,355,377

Investment Income $122

Other Revenue $100

TOTAL REVENUE $1,420,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,250,577

Other Expenses $1,463,877

TOTAL EXPENSES $1,463,877

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,420,307	$1,298,772	+0.1%
Expenses	$1,463,877	$1,378,508	+0.1%
Net Income	$-43,570	$-79,736	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHERINE KANEHIRO	PRESIDENT	2.00	Officer Director	$0	$0	$0
SARAH SALAS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TAYLOR WAGEN	SECRETARY	2.00	Officer Director	$0	$0	$0
EMMA THOMPSON	TREASURER	2.00	Officer Director	$0	$0	$0
SHANE WILLIAMS	DIRECTOR	1.00	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	$1,420,307	$1,463,877	$2,060,816	$-43,570
2023	$1,298,772	$1,378,508	$2,275,712	$-79,736
2022	$1,131,439	$1,256,417	$1,886,944	$-124,978
2021	$1,116,326	$941,482	$1,988,261	$174,844
2020	$1,091,648	$793,969	$1,756,402	$297,679
2019	$987,456	$1,069,442	$1,550,609	$-81,986
2018	$722,244	$1,499,163	$1,484,090	$-776,919

MAKALAPA MANOR APARTMENTS