Waterman Communities Foundation Inc (EIN 030386001) - 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

2001

Legal Domicile

Principal Officer

Jodie McEwen

Tax Period

2024-01-01 to 2024-12-31

Waterman Communities Foundation Inc, founded in 2001, is a small nonprofit in the Human Services sector that reported $137K in total revenue in fiscal year 2024. Revenue surged 924% from the prior year, signaling strong growth momentum. The organization ran a surplus of $128K, a strong 93% operating margin.

Mission

To provide support to Waterman Communities, Inc., a 501(C)(3) Non-Profit Organization that provides housing, healthcare, and other services to the elderly.

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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 $133,288

Program Service Revenue $0

Investment Income $3,266

Other Revenue $784

TOTAL REVENUE $137,338

Expense Breakdown

Grants Paid $7,286

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,576

Other Expenses $2,110

TOTAL EXPENSES $9,396

Year-over-Year Comparison

	2024	2023	Change
Revenue	$137,338	$13,407	+9.2%
Expenses	$9,396	$44,532	-0.8%
Net Income	$127,942	$-31,125	-5.1%

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

N/A

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
Alayne Lacy	Treasurer	1.00	Officer Director	$0	$0	$0
Ellen Hart	Secretary	1.00	Officer Director	$0	$0	$0
Jodie McEwen	Chairperson	1.00	Officer Director	$0	$0	$0
Arvon Byle	Vice Chairman	1.00	Officer Director	$0	$0	$0
Susan Kerr	Director	1.00	Director	$0	$0	$0
Robert Kime	Director	1.00	Director	$0	$0	$0
Carl Kusky	Director	1.00	Director	$0	$0	$0
Harmon Massey	Director	1.00	Director	$0	$0	$0
Michael McGuire	Director	1.00	Director	$0	$0	$0
Mort McKenna	Director	1.00	Director	$0	$0	$0
Laurence Senn	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	$137,338	$9,396	$185,154	$127,942
2023	$13,407	$44,532	$57,212	$-31,125
2022	$14,767	$7,930	$88,337	$6,837
2021	$17,272	$2,768	$81,500	$14,504
2020	$6,180	$33,648	$66,996	$-27,468
2019	$9,157	$7,904	$94,464	$1,253
2018	$2,686	$18,455	$93,211	$-15,769

Waterman Communities Foundation Inc