NWC CORPORATION (EIN 341608198) - 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

1988

Legal Domicile

Principal Officer

STEVEN J BOONE

Phone

6149422020

Tax Period

2024-07-01 to 2025-06-30

NWC CORPORATION, founded in 1988, is a small nonprofit in the Housing & Shelter sector that reported $276K in total revenue in fiscal year 2024. The organization ran a surplus of $55K, a strong 20% operating margin.

Mission

PROVIDE SUBSIDIZED HOUSING FOR CHRONICALLY MENTALLY ILL LOW INCOME PERSONS.

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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 $173,692

Program Service Revenue $101,515

Investment Income $1,023

Other Revenue $0

TOTAL REVENUE $276,230

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $204,788

Other Expenses $220,870

TOTAL EXPENSES $220,870

Year-over-Year Comparison

	2024	2023	Change
Revenue	$276,230	$259,356	+0.1%
Expenses	$220,870	$231,695	0.0%
Net Income	$55,360	$27,661	+1.0%

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

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

$312,000

Total Directors

$312,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN J BOONE	PRESIDENT	1.00	Officer Director	$0	$0	$312,000
WILLIAM A HARVEY	V. PRESIDENT	1.00	Officer Director	$0	$0	$0
PEGGY YOUNG	SECRETARY	1.00	Officer Director	$0	$0	$0
TIM HASTREITER	TRUSTEE	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	$276,230	$220,870	$419,042	$55,360
2024	$259,356	$231,695	$412,050	$27,661
2023	$242,218	$216,562	$454,286	$25,656
2022	$239,691	$225,997	$461,789	$13,694
2021	$237,127	$208,756	$449,961	$28,371
2020	$244,868	$218,194	$435,644	$26,674
2019	$236,734	$226,685	$451,701	$10,049
2018	$236,413	$219,775	$446,145	$16,638

NWC CORPORATION