WOODHAVEN RETIREMENT COMMUNITY FOUNDATIONINC (EIN 263532348) - 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

Principal Officer

DANA KNOCHEL

Phone

7342619000

Tax Period

2019-07-01 to 2020-06-30

WOODHAVEN RETIREMENT COMMUNITY FOUNDATIONINC is a micro nonprofit that reported $44K in total revenue in fiscal year 2019. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $32K, a strong 73% operating margin.

Mission

TO RECEIVE AND MANAGE DONATIONS AND OTHER CONTRIBUTIONS FROM THE GENERAL PUBLIC FOR THE BENEFIT OF WOODHAVEN OF LIVONIA, TO ACCOMPLISH ITS EXEMPT PURPOSES UNDER SECTON 501(C)(3) OF THE INTERNAL REVENUE CODE AND TO DISTRIBUTE THE DONATIONS OR OTHER CONTRIBUTIONS TO WOODHAVEN OF LIVONIA IN FULFILLMENT OF THE FUNDS' PURPOSES AS A SECTION 501(C)(3) SUPPORTING ORGANIZATION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $6,000

Program Service Revenue $0

Investment Income $37,505

Other Revenue $0

TOTAL REVENUE $43,505

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $11,690

TOTAL EXPENSES $11,690

Year-over-Year Comparison

	2019	2018	Change
Revenue	$43,505	$47,413	-0.1%
Expenses	$11,690	$8,571	+0.4%
Net Income	$31,815	$38,842	-0.2%

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

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
BRIAN BARTON	VICE-PRESIDE	0.25	Officer Director	$0	$0	$0
BRIAN BLUME	SECRETARY	0.25	Officer Director	$0	$0	$0
DANA KNOCHEL	PRESIDENT	0.25	Officer Director	$0	$0	$0
TROY SCHROCK	TREASURER	0.25	Officer 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
2020	$43,505	$11,690	No data	$31,815
2019	$47,413	$8,571	$1,331,537	$38,842
2018	$49,418	$13,960	$1,292,695	$35,458

WOODHAVEN RETIREMENT COMMUNITY FOUNDATIONINC