NORTHWEST SENIOR HOUSING CORPORATION (EIN 202203611) - 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

2004

Legal Domicile

Principal Officer

LAWRENCE HANNAFIN

Phone

8607381115

Tax Period

2023-01-01 to 2023-12-31

NORTHWEST SENIOR HOUSING CORPORATION, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $257K in total revenue in fiscal year 2023. Expenses of $383K exceeded revenue, resulting in a 49% operating deficit.

Mission

TO CONSTRUCT AND OPERATE A 20 UNIT LOW INCOME, ELDERLY HOUSING APARTMENT BUILDING.

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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 $256,640

Investment Income $66

Other Revenue $0

TOTAL REVENUE $256,706

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,073

Fundraising Expenses $0

Program Expenses $383,027

Other Expenses $305,954

TOTAL EXPENSES $383,027

Year-over-Year Comparison

	2023	2022	Change
Revenue	$256,706	$257,880	0.0%
Expenses	$383,027	$381,307	+0.0%
Net Income	$-126,321	$-123,427	+0.0%

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
DOUGLAS BRAND	SECRETARY	1.00	Officer Director	$0	$0	$0
DEIRDRE DICARA	TREASURER	1.00	Officer Director	$0	$0	$0
MARY BAKER	DIRECTOR	1.00	Director	$0	$0	$0
LAURENCE HANNAFIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
GARY JAMIESON	V PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRIS BATTISTA	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	No data	No data	No data	No data
2023	$256,706	$383,027	$2,735,657	$-126,321
2022	$257,880	$381,307	$2,848,264	$-123,427
2021	$256,765	$363,612	$2,954,409	$-106,847
2020	$253,445	$341,459	$3,071,065	$-88,014
2019	$255,502	$344,903	$3,130,331	$-89,401
2018	$242,699	$332,007	$3,242,392	$-89,308

NORTHWEST SENIOR HOUSING CORPORATION