WARC PROPERTIES INC (EIN 237356004) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1974

Legal Domicile

Principal Officer

TIBISAY GUZMAN

Phone

9144954623

Tax Period

2023-01-01 to 2023-12-31

WARC PROPERTIES INC, founded in 1974, is a micro nonprofit in the Community Improvement sector that reported $81K in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28K, a strong 35% operating margin.

Mission

WARC PROPERTIES, INC. IS A NOT-FOR-PROFIT ORGANIZATION FORMED TO ACQUIRE AND MORTGAGE PROPERTY TO BE LEASED AT NO PROFIT TO AFFILIATES OF THE ORGANIZATION.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $51,960

Investment Income $29,370

Other Revenue $0

TOTAL REVENUE $81,330

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $53,162

Other Expenses $53,162

TOTAL EXPENSES $53,162

Year-over-Year Comparison

	2023	2022	Change
Revenue	$81,330	$62,821	+0.3%
Expenses	$53,162	$52,276	+0.0%
Net Income	$28,168	$10,545	+1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$420,500

Total Directors

$420,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIBISAY GUZMAN	EXECUTIVE DIRECTOR/CEO	0.75	Officer Director	$0	$97,478	$420,500
MARK GLUCKSMAN	TREASURER	0.25	Officer Director	$0	$0	$0
JOHN BARRETT	DIRECTOR	0.25	Director	$0	$0	$0
ANNE MAJSAK	DIRECTOR	0.25	Director	$0	$0	$0
ROBERT PICONE	DIRECTOR	0.25	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	$81,330	$53,162	$2,399,218	$28,168
2022	$62,821	$52,276	$2,247,166	$10,545
2021	$85,713	$77,528	$2,357,603	$8,185
2020	$87,888	$80,830	$2,218,885	$7,058
2019	$92,001	$80,505	$2,308,606	$11,496
2018	$92,087	$81,962	$2,207,287	$10,125

WARC PROPERTIES INC