WOODLAWN UNITED INC (EIN 274051072) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

MASHONDA TAYLOR

Phone

2055996963

Tax Period

2024-01-01 to 2024-12-31

WOODLAWN FOUNDATION INC, founded in 2010, is a community nonprofit in the Community Improvement sector that reported $2.0M in total revenue in fiscal year 2018. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $2.5M exceeded revenue, resulting in a 24% operating deficit.

Mission

THE TRANSFORMATION AND REVITALIZATION OF THE WOODLAWN COMMUNITY IN BIRMINGHAM, ALABAMA.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,079,693

Program Service Revenue $53,780

Investment Income $371,648

Other Revenue $0

TOTAL REVENUE $2,505,121

Expense Breakdown

Grants Paid $95,300

Salaries & Benefits $831,701

Fundraising Expenses $369,134

Program Expenses $3,088,788

Other Expenses $3,100,169

TOTAL EXPENSES $4,027,170

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,505,121	$2,544,857	0.0%
Expenses	$4,027,170	$2,028,366	+1.0%
Net Income	$-1,522,049	$516,491	-3.9%

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

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

$321,010

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
T MICHAEL GOODRICH	PAST CHAIRMAN	1.00	Director	$0	$0	$0
GILLIAN W GOODRICH	VICE-CHAIRMAN	8.00	Officer Director	$0	$0	$0
K WOOD HERREN	SECRETARY	8.00	Officer Director	$0	$0	$0
T MICHAEL GOODRICH II	CHAIRMAN	8.00	Officer Director	$0	$0	$0
MYEISHA HUTCHINSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN D JOHNS	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN R SPENCER	DIRECTOR	1.00	Director	$0	$0	$0
DEAKINS F RUSHTON	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT A SIMON	DIRECTOR	1.00	Director	$0	$0	$0
LEROY ABRAHAMS	DIRECTOR	1.00	Director	$0	$0	$0
NELSON BEAN	DIRECTOR	1.00	Director	$0	$0	$0
JASON AVERY	DIRECTOR	1.00	Director	$0	$0	$0
KENDRA KEY	DIRECTOR	1.00	Director	$0	$0	$0
RALPH WILLIAMS	DIRECTOR	1.00	Director	$0	$0	$0
MARQUITA DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
MASHONDA TAYLOR	CHIEF EXECUTIVE OFFICER	40.00	Officer	$197,333	$0	$197,333
JOE D AYERS	COMMUNITY DEVELOPMENT OFFI	40.00	Officer	$123,677	$0	$123,677
MEGHAN ANN HELLENGA	CHIEF OPERATING OFFICER (FORMER)	40.00		$162,500	$0	$162,500

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	$2,505,121	$4,027,170	$17,457,237	$-1,522,049
2023	$2,544,857	$2,028,366	$19,560,952	$516,491
2022	$2,546,007	$3,217,152	$20,158,296	$-671,145
2021	$7,022,697	$3,880,882	$23,281,492	$3,141,815
2020	$10,231,071	$2,850,256	$22,648,296	$7,380,815
2019	$1,454,243	$2,396,251	$13,176,996	$-942,008
2018	$2,042,694	$2,525,349	$9,392,745	$-482,655

WOODLAWN UNITED INC