WOODS EDGE HOUSING INC (EIN 061064330) - 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

2000

Legal Domicile

Principal Officer

SCOTT MORROW

Phone

2039859029

Tax Period

2023-01-01 to 2023-12-31

WOODS EDGE HOUSING INC, founded in 2000, is a small nonprofit that reported $486K in total revenue in fiscal year 2023. Expenses of $556K exceeded revenue, resulting in a 14% operating deficit.

Mission

PROMOTE AND CONSTRUCT AND RUN A HOUSING FACILITY FOR THE LOW-INCOME ELDERLY COMMUNITY

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $484,718

Investment Income $934

Other Revenue $0

TOTAL REVENUE $485,652

Expense Breakdown

Grants Paid $0

Salaries & Benefits $116,240

Fundraising Expenses $0

Program Expenses $484,947

Other Expenses $439,509

TOTAL EXPENSES $555,749

Year-over-Year Comparison

	2023	2022	Change
Revenue	$485,652	$487,198	0.0%
Expenses	$555,749	$507,522	+0.1%
Net Income	$-70,097	$-20,324	+2.4%

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

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
SCOTT MORROW	PRESIDENT	N/A	Officer Director	$0	$0	$0
BETSEY REID	DIRECTOR	N/A	Director	$0	$0	$0
NICOLA CASELLA	DIRECTOR	N/A	Director	$0	$0	$0
ANITA ANDERSON	SECRETARY	N/A	Officer Director	$0	$0	$0
LOIS GOUGH	DIRECTOR	N/A	Director	$0	$0	$0
RONALD BATHRICK III	DIRECTOR	N/A	Director	$0	$0	$0
TRACY K WEISS	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$485,652	$555,749	$1,965,691	$-70,097
2022	$487,198	$507,522	$2,020,030	$-20,324
2021	$471,598	$500,557	$2,056,400	$-28,959
2020	$477,786	$491,147	$2,070,154	$-13,361
2019	$446,627	$478,451	$2,098,972	$-31,824
2018	$445,956	$485,417	$2,137,927	$-39,461

WOODS EDGE HOUSING INC