COMMONWEALTH AGENCY INC (EIN 272690578) - 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

2010

Legal Domicile

Principal Officer

WALTER DOWNEY

Phone

2087720108

Tax Period

2024-01-01 to 2024-12-31

COMMONWEALTH AGENCY INC, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $261K in total revenue in fiscal year 2024. Revenue surged 74% from the prior year, signaling strong growth momentum. The organization ran a surplus of $173K, a strong 66% operating margin.

Mission

TO FACILITATE THE AVAILABILITY AND ACCESS TO AFFORDABLE HOUSING TO ALL CITIZENS WITH A GENERAL TARGET OF 75% OF THE UNITS OCCUPIED BY INDIVIDUALS OR FAMILIES EARNING LESS THAN 80% OF MEDIAN INCOME AS DEFINED BY HUD IN COMMUNITIES LOCATED IN IDAHO, WASHINGTON, AND MONTANA AND CONTIGUOUS REGIONS. UNITS SHALL BE EITHER RENTAL OR OWNER OCCUPIED.

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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 $0

Program Service Revenue $176,042

Investment Income $85,017

Other Revenue $0

TOTAL REVENUE $261,059

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,000

Fundraising Expenses $0

Program Expenses $80,722

Other Expenses $76,444

TOTAL EXPENSES $88,444

Year-over-Year Comparison

	2024	2023	Change
Revenue	$261,059	$149,757	+0.7%
Expenses	$88,444	$44,365	+1.0%
Net Income	$172,615	$105,392	+0.6%

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

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HELEN STEVENSON	Vice President	1.00	Officer Director	$12,000	$0	$12,000
WALTER DOWNEY	President	0.00	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
2024	$261,059	$88,444	$1,427,100	$172,615
2024	No data	No data	No data	No data
2023	$149,757	$44,365	$1,254,486	$105,392
2022	$68,363	$63,075	$1,209,100	$5,288
2021	$142,880	$49,905	$1,143,808	$92,975
2020	$252,218	$77,907	$1,053,303	$174,311
2019	$342,550	$96,807	$876,651	$245,743
2018	$220,247	$72,481	$1,260,908	$147,766

COMMONWEALTH AGENCY INC