WAYZATA BAY SENIOR HOUSING INC (EIN 260615372) - 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

2007

Legal Domicile

Principal Officer

JONATHAN FLETCHER

Phone

6516316120

Tax Period

2023-10-01 to 2024-09-30

WAYZATA BAY SENIOR HOUSING INC, founded in 2007, is a mid-sized nonprofit in the Human Services sector that reported $24.3M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $23.3M left a modest 4% surplus.

Mission

TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $88,180

Program Service Revenue $23,968,780

Investment Income $722,048

Other Revenue $-431,443

TOTAL REVENUE $24,347,565

Expense Breakdown

Grants Paid $18,329

Salaries & Benefits $8,981,153

Fundraising Expenses $0

Program Expenses $20,105,162

Other Expenses $14,322,009

TOTAL EXPENSES $23,321,491

Year-over-Year Comparison

	2023	2022	Change
Revenue	$24,347,565	$21,972,550	+0.1%
Expenses	$23,321,491	$22,838,396	+0.0%
Net Income	$1,026,074	$-865,846	-2.2%

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

N/A

Employees

N/A

Volunteers

150

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

$1,886,028

Total Directors

$1,886,028

Key Employees

$408,664

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL LINDH	CEO	1.00	Officer Director	$0	$26,250	$1,089,847
MARK MEYER	CFO	1.00	Officer Director	$0	$21,646	$500,746
MARK PEDERSON	SVP OPERATIONS	1.00	Officer Director	$0	$21,854	$295,435
JONATHAN FLETCHER	VP DEVELOPMENT	1.00	Key Emp	$0	$28,580	$408,664
JODI DEVICK NEAL	CAMPUS ADMINISTRATOR	40.00	Highest	$154,117	$12,398	$166,515

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	$24,347,565	$23,321,491	$152,283,553	$1,026,074
2023	$21,972,550	$22,838,396	$155,220,264	$-865,846
2022	$20,877,762	$21,437,660	$157,420,069	$-559,898
2021	$20,172,784	$20,426,043	$161,837,541	$-253,259
2020	$19,706,381	$19,770,592	$167,500,836	$-64,211
2019	$18,479,025	$20,452,520	$167,105,467	$-1,973,495
2018	$19,385,046	$20,185,542	$172,229,205	$-800,496

WAYZATA BAY SENIOR HOUSING INC