WHITE HORSE VILLAGE FOUNDATION INC (EIN 232738045) - 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

1993

Legal Domicile

Principal Officer

THOMAS STRETTON

Phone

6105585000

Tax Period

2024-01-01 to 2024-12-31

WHITE HORSE VILLAGE FOUNDATION INC, founded in 1993, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $498K, a strong 49% operating margin.

Mission

ACCEPT AND UTILIZE DONATIONS FOR THE SOLE BENEFIT OF RESIDENTS OF THE WHITE HORSE VILLAGE 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 (2024)

Revenue Breakdown

Contributions & Grants $463,834

Program Service Revenue $0

Investment Income $543,757

Other Revenue $0

TOTAL REVENUE $1,007,591

Expense Breakdown

Grants Paid $489,313

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $509,652

Other Expenses $20,339

TOTAL EXPENSES $509,652

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,007,591	$1,193,384	-0.2%
Expenses	$509,652	$456,754	+0.1%
Net Income	$497,939	$736,630	-0.3%

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

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

$755,066

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRED BILLUPS	PRESIDENT/CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT J BRUCE - UNTIL 042024	PAST PRESIDENT/CHAIR	1.00	Officer Director	$0	$0	$0
MARY LOU MCLAUGHLIN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
URSULA SIEBENEICH	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL HAMMOND	TRUSTEE	1.00	Director	$0	$0	$0
STEPHANIE CORY	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE HUANG	TRUSTEE	1.00	Director	$0	$0	$0
STEVEN VIDEON	TRUSTEE	1.00	Director	$0	$0	$0
NORMAN LEDWIN	TRUSTEE TO APRIL 2024	1.00	Director	$0	$0	$0
MICHAEL JOSEPH SHAW	PRESIDENT/CEO	2.00	Officer	$13,972	$29,234	$308,670
SUSAN ABTOUCHE	EXECUTIVE DIRECTOR	16.00	Officer	$72,705	$43,015	$224,777
TACI DAMSTEDT	SENIOR DIRECTOR OF FINANCE	4.00	Officer	$17,270	$48,928	$221,619
LEONARD WEISER	FORMER PRESIDENT/CEO	0.00		$0	$0	$158,737

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	$1,007,591	$509,652	$6,986,698	$497,939
2023	$1,193,384	$456,754	$6,177,882	$736,630
2022	$587,289	$512,678	$5,101,002	$74,611
2021	$647,061	$480,254	$5,746,435	$166,807
2020	$973,481	$278,948	$4,969,123	$694,533
2019	$306,609	$1,362,423	$3,818,778	$-1,055,814
2018	$245,823	$2,281,310	$4,043,870	$-2,035,487

WHITE HORSE VILLAGE FOUNDATION INC