WAREHOUSE POINT HOUSING FOR THE ELDERLY INC (EIN 060909048) - 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

1974

Legal Domicile

Principal Officer

DONALD ARCARI

Phone

8606584211

Tax Period

2021-01-01 to 2021-12-31

WAREHOUSE POINT HOUSING FOR THE ELDERLY INC, founded in 1974, is a small nonprofit that reported $403K in total revenue in fiscal year 2021. The organization ran a surplus of $63K, a strong 16% operating margin.

Mission

TO PROVIDE APARTMENT HOUSING AT REDUCED RATES FOR ELDERLY AND LOW OR MODERATE INCOME INDIVIDUALS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $215,613

Program Service Revenue $187,423

Investment Income $282

Other Revenue $0

TOTAL REVENUE $403,318

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $285,720

Other Expenses $340,675

TOTAL EXPENSES $340,675

Year-over-Year Comparison

	2021	2020	Change
Revenue	$403,318	$392,203	+0.0%
Expenses	$340,675	$322,186	+0.1%
Net Income	$62,643	$70,017	-0.1%

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

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
DONALD ARCARI	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT CARSON	TREASURER	1.00	Officer Director	$0	$0	$0
WADSWORTH FYLER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ROBIN TOWERS	SECRETARY	1.00	Officer 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
2021	$403,318	$340,675	$945,316	$62,643
2020	$392,203	$322,186	$924,865	$70,017
2019	$382,077	$328,541	$899,319	$53,536
2018	$385,024	$323,023	$882,891	$62,001

WAREHOUSE POINT HOUSING FOR THE ELDERLY INC