WELLESLEY HOUSING DEVELOPMENT CORPORATION (EIN 311802126) - 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

MEGHAN C JOP

Phone

7814311019

Tax Period

2024-07-01 to 2025-06-30

WELLESLEY HOUSING DEVELOPMENT CORPORATION, founded in 1998, is a micro nonprofit that reported $18K in total revenue in fiscal year 2024. The organization ran a surplus of $14K, a strong 80% operating margin.

Mission

TO SPONSOR AND ASSIST IN DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING OPPORTUNITIES FOR PERSONS OF LOW AND MODERATE INCOME IN THE TOWN OF WELLESLEY, MASSACHUSETTS.

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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 $3,650

Program Service Revenue $0

Investment Income $14,387

Other Revenue $0

TOTAL REVENUE $18,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,650

TOTAL EXPENSES $3,650

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,037	$16,932	+0.1%
Expenses	$3,650	$3,650	N/A
Net Income	$14,387	$13,282	+0.1%

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
MICAH O'NEIL	CHAIRMAN & DIRECTO	1.00	Officer Director	$0	$0	$0
HOLLY GRACE	SECRETARY & DIRECTOR	1.00	Officer Director	$0	$0	$0
MICHAEL NILLES	TREASURER & DIRECTOR	1.00	Officer Director	$0	$0	$0
MARJORIE FREIMAN	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2025	$18,037	$3,650	$489,531	$14,387
2024	$16,932	$3,650	$475,144	$13,282
2023	$3,371	$3,325	$461,862	$46
2022	$3,883	$3,740	$461,816	$143
2021	$3,964	$3,165	$461,673	$799
2020	$2,259	$3,740	$460,874	$-1,481
2019	$6,368	$3,745	$462,355	$2,623

WELLESLEY HOUSING DEVELOPMENT CORPORATION