SCommunity Improvement & Capacity BuildingEIN: 412091256· Ruling Year: 2004

Town Center Apartments Inc

Boston, Massachusetts

BHealth Score
60B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

💰
$8.2M
Total Revenue
📊
$4.4M
Total Expenses
🏦
$18.2M
Net Assets
📋
$39.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.7%
Year-over-year change (2023 → 2024)
Net Margin
+46.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.16
Net assets divided by total expenses
Liabilities-to-Assets
68.4%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2024$8,169,7803%$4,374,0232%$57,502,87236%
2023$7,956,2261%$4,296,59617%$89,917,4561%
2022$7,900,57210%$3,688,00412%$89,126,403
2021$7,201,6725%$4,201,99617%$88,755,4651%
2020$6,846,3431%$3,587,704$88,117,0811%
2019$6,936,1846%$3,585,0353%$87,266,0931%
2018$6,540,769523%$3,713,037$86,820,449179%
2017$1,049,37157%$0$31,090,8151%
2016$667,48014%$0$31,441,2282%
2015$587,14289%$0$32,097,6152%
2014$311,029$0$32,909,7953%
2013$311,3604%$0$34,058,6684%
2012$324,11941%$0$35,425,4394%
2011$551,999$0$36,958,168

Frequently Asked Questions

What does Town Center Apartments Inc do?

Town Center Apartments Inc is a community improvement & capacity building nonprofit organization based in Massachusetts. It is classified under NTEE code S47 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Town Center Apartments Inc financially healthy?

Based on our 9-metric Financial Health Score model, Town Center Apartments Inc has a score of 60/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Town Center Apartments Inc generate?

Town Center Apartments Inc reports $8.7M in annual revenue and holds $59.1M in total assets, based on IRS filings.

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