Westland Taylor Corporation (EIN 270563115) - 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

2009

Phone

7344673185

Tax Period

2024-01-01 to 2024-12-31

Westland Taylor Corporation, founded in 2009, is a community nonprofit in the Human Services sector that reported $4.0M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $5.7M exceeded revenue, resulting in a 43% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING TO ELDERLY AND DISABLED TENANTS.

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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 $1,994,281

Program Service Revenue $1,445,535

Investment Income $643

Other Revenue $567,091

TOTAL REVENUE $4,007,550

Expense Breakdown

Grants Paid $0

Salaries & Benefits $956,713

Fundraising Expenses $0

Program Expenses $4,694,472

Other Expenses $4,777,627

TOTAL EXPENSES $5,734,340

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,007,550	$5,481,425	-0.3%
Expenses	$5,734,340	$3,736,884	+0.5%
Net Income	$-1,726,790	$1,744,541	-2.0%

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

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

$191,503

Total Directors

$19,114

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Teresa Dehart-Schulcz	Executive Dir.	40.00	Officer	$165,103	$0	$177,389
MARK NEAL	Treasurer	0.00	Officer Director	$0	$0	$5,214
EILEEN DEHART	President	0.00	Officer Director	$0	$0	$4,900
JOANNE CAMPBELL	Secretary	0.00	Officer Director	$0	$0	$4,000
Michael Reddy Sr	Director	0.00	Director	$0	$0	$4,000
DAN BLOCK	Director	0.00	Director	$0	$0	$340
MERIAM KADI	Director	0.00	Director	$0	$0	$220
DOLORES FLOWERS	Director	0.00	Director	$0	$0	$220
Lekisha Maxwell	Director	0.00	Director	$0	$0	$220

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	$4,007,550	$5,734,340	$11,426,928	$-1,726,790
2023	$5,481,425	$3,736,884	$13,458,521	$1,744,541
2022	$2,985,331	$2,980,663	$11,856,015	$4,668
2021	$2,865,816	$2,859,179	$11,970,993	$6,637
2020	$2,921,520	$2,857,316	$12,209,951	$64,204
2019	$2,817,363	$2,702,979	$12,235,743	$114,384
2018	$2,722,237	$2,642,167	$11,883,569	$80,070

Westland Taylor Corporation