WASHINGTON TOWNHOUSES INC

EIN: 237161162 501(c)(3) Housing & Shelter

PASADENA, CA

Total Revenue
$455,434
Total Expenses
$441,955
Total Assets
N/A
Net Assets
N/A
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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
CA
Phone
6264051042
Tax Period
2023-01-01 to 2023-12-31

WASHINGTON TOWNHOUSES INC, founded in 1974, is a small nonprofit in the Housing & Shelter sector that reported $455K in total revenue in fiscal year 2023.

Mission

TO PROVIDE QUALITY LIVING ACCOMODATIONS FOR LOW INCOME PERSONS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $455,434
Investment Income $0
Other Revenue $0
TOTAL REVENUE $455,434

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $441,955
Other Expenses $441,955
TOTAL EXPENSES $441,955

Year-over-Year Comparison

2023 2022 Change
Revenue $455,434 $440,387 +0.0%
Expenses $441,955 $403,379 +0.1%
Net Income $13,479 $37,008 -0.6%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
7

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BOBBY THOMPSON BOARD CHAIR 0.10
Director
$0 $0 $0
GWENDOLYN WHITE EXECUTIVE DIRECTOR 0.10
Officer Director
$0 $0 $0
ROBERT BUTLER TREASURER 0.10
Director
$0 $0 $0
RAYMOND SHIELDS BOARD MEMBER 0.10
Director
$0 $0 $0
JULINDA HOLMES SECRETARY 0.10
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 $455,434 $441,955 No data $13,479
2022 $440,387 $403,379 No data $37,008
2021 $424,921 $434,302 No data $-9,381
2020 $427,881 $388,953 No data $38,928
2019 $496,315 $373,798 No data $122,517
2018 $355,791 $366,432 No data $-10,641
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