Alice Williams Towers Inc (EIN 311595187) - 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

1998

Legal Domicile

Principal Officer

Rev Jasper Williams Jr

Phone

4048169770

Tax Period

2023-01-01 to 2023-12-31

Alice Williams Towers Inc, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $674K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $604K left a modest 10% surplus.

Mission

Providing housing to elderly persons by operating a HUD-assisted apartment community regulated under Section 202 of the National Housing Act of 1959.

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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 $0

Program Service Revenue $673,681

Investment Income $39

Other Revenue $30

TOTAL REVENUE $673,750

Expense Breakdown

Grants Paid $0

Salaries & Benefits $170,294

Fundraising Expenses $0

Program Expenses $473,483

Other Expenses $433,468

TOTAL EXPENSES $603,762

Year-over-Year Comparison

	2023	2022	Change
Revenue	$673,750	$493,294	+0.4%
Expenses	$603,762	$582,671	+0.0%
Net Income	$69,988	$-89,377	-1.8%

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

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
Rev Jasper Williams Jr	President	2.00	Officer Director	$0	$0	$0
Rev Joseph Williams	Vice President	2.00	Officer Director	$0	$0	$0
Janice Williams	Secretary/Treasurer	2.00	Officer Director	$0	$0	$0
Reywa Cammon	Secretary	2.00	Director	$0	$0	$0
Linda Lawson	Director	2.00	Director	$0	$0	$0
Leornard Perryman	Director	2.00	Director	$0	$0	$0
Philander Boyd	Director	2.00	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	No data	No data	No data	No data
2023	$673,750	$603,762	$1,803,394	$69,988
2022	$493,294	$582,671	$1,812,696	$-89,377
2021	$476,415	$581,645	$1,947,428	$-105,230
2020	$438,704	$508,535	$1,919,730	$-69,831

Alice Williams Towers Inc