WACHUSETT HOUSE CORP (EIN 042689435) - 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

1979

Legal Domicile

Principal Officer

ANN SULLIVAN

Phone

9784642637

Tax Period

2024-01-01 to 2024-12-31

WACHUSETT HOUSE CORP, founded in 1979, is a small nonprofit in the Housing & Shelter sector that reported $223K in total revenue in fiscal year 2024. Net assets of $635K represent 34 months of operating reserves.

Mission

ELDERLY HOUSING

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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 $3,935

Program Service Revenue $210,087

Investment Income $8,212

Other Revenue $1,087

TOTAL REVENUE $223,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,820

Fundraising Expenses $0

Program Expenses $191,518

Other Expenses $178,587

TOTAL EXPENSES $217,407

Year-over-Year Comparison

	2024	2023	Change
Revenue	$223,321	$213,880	+0.0%
Expenses	$217,407	$159,052	+0.4%
Net Income	$5,914	$54,828	-0.9%

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

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
ANN SULLIVAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
CATHERINE MOODY	TREASURER	2.00	Officer Director	$0	$0	$0
JENN FOSS	SECRETARY	2.00	Officer Director	$0	$0	$0
ANN MARIE BORSKY	DIRECTOR	2.00	Director	$0	$0	$0
RON CURRY	DIRECTOR	2.00	Director	$0	$0	$0
LARRY DEBLOIS	DIRECTOR	2.00	Director	$0	$0	$0
TED DEMMONS	DIRECTOR	2.00	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	$223,321	$217,407	$1,054,557	$5,914
2023	$213,880	$159,052	$1,072,241	$54,828
2022	$207,597	$169,676	$1,039,496	$37,921
2021	$212,290	$163,004	$1,030,732	$49,286
2020	$216,620	$154,981	$995,896	$61,639
2019	$201,269	$208,929	$951,257	$-7,660
2018	$205,462	$188,294	$961,419	$17,168

WACHUSETT HOUSE CORP