WESCO HOUSING CORPORATION (EIN 203167493) - 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

2005

Legal Domicile

Principal Officer

ANTHONY THOMAS

Phone

4403562330

Tax Period

2024-01-01 to 2024-12-31

WESCO HOUSING CORPORATION, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $516K in total revenue in fiscal year 2024. Revenue surged 140% from the prior year, signaling strong growth momentum. The organization ran a surplus of $254K, a strong 49% operating margin.

Mission

TO ACQUIRE AND HOLD REAL PROPERTY RECEIVED THROUGH PURCHASE, GIFT, OR OTHERWISE FOR THE PURPOSE OF MAINTAINING AND OPERATING SUCH PROPERTY FOR THE CARE OF INTELLECTUALLY, DEVELOPMENTALLY AND PHYSICALLY DISABLED PERSONS IN A RESIDENTIAL ENVIRONMENT.

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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 $308,440

Program Service Revenue $207,290

Investment Income $0

Other Revenue $100

TOTAL REVENUE $515,830

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $218,676

Other Expenses $261,936

TOTAL EXPENSES $261,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$515,830	$215,357	+1.4%
Expenses	$261,936	$289,117	-0.1%
Net Income	$253,894	$-73,760	-4.4%

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

$461,753

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY THOMAS	EXECUTIVE DI	0.00	Officer	$0	$7,669	$264,187
CARRIANN PAFFORD	CFO	0.00	Officer	$0	$3,047	$167,090
PATRICK J COONEY III	PRESIDENT	2.00	Officer	$0	$30,476	$30,476
MIKE PETRASECK	TRUSTEE	2.00	Director	$0	$0	$0
ROBERT C BECKER	TREASURER	2.00	Officer	$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	$515,830	$261,936	$1,813,144	$253,894
2023	$215,357	$289,117	$1,540,126	$-73,760
2022	$211,265	$244,822	$1,632,231	$-33,557
2021	$653,829	$252,969	$1,686,191	$400,860
2020	$170,294	$273,165	$1,672,692	$-102,871
2019	$211,797	$235,537	$1,760,823	$-23,740
2018	$213,520	$266,013	$1,793,108	$-52,493

WESCO HOUSING CORPORATION