WAMPUM PARK HOUSING CORPORATION (EIN 251794823) - 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

1997

Legal Domicile

Principal Officer

JOHN J HADGKISS

Phone

7246584781

Tax Period

2024-07-01 to 2025-06-30

WAMPUM PARK HOUSING CORPORATION, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $285K in total revenue in fiscal year 2024. Expenses of $330K exceeded revenue, resulting in a 16% operating deficit.

Mission

OPERATION OF HUD SUBSIDIZED HOUSING FOR THE ELDERLY

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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 $186,516

Program Service Revenue $95,424

Investment Income $2,706

Other Revenue $0

TOTAL REVENUE $284,646

Expense Breakdown

Grants Paid $0

Salaries & Benefits $96,769

Fundraising Expenses $0

Program Expenses $329,890

Other Expenses $233,121

TOTAL EXPENSES $329,890

Year-over-Year Comparison

	2024	2023	Change
Revenue	$284,646	$268,339	+0.1%
Expenses	$329,890	$310,272	+0.1%
Net Income	$-45,244	$-41,933	+0.1%

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
JOSEPH GOCLANO	DIRECTOR	1.00	Director	$0	$0	$0
DOMINIC GRANT	DIRECTOR	1.00	Director	$0	$0	$0
GARY GRANT	DIRECTOR	1.00	Director	$0	$0	$0
JOHN J HADGKISS	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN LECHNER	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD LITRENTA	SEC/TREAS	1.00	Officer Director	$0	$0	$0
JOHN SARANDREA	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
2025	$284,646	$329,890	$613,902	$-45,244
2024	$268,339	$310,272	$651,564	$-41,933
2023	$253,433	$267,902	$699,527	$-14,469
2022	$248,862	$284,440	$735,811	$-35,578
2021	$218,259	$279,053	$738,296	$-60,794
2020	$199,134	$218,800	$792,696	$-19,666
2019	$176,980	$231,136	$821,440	$-54,156

WAMPUM PARK HOUSING CORPORATION