WHITLEY CROSSINGS NEIGHBORHOOD CORP (EIN 351973837) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1995

Legal Domicile

Principal Officer

STEVE HOFFMAN

Phone

2604233546

Tax Period

2023-11-01 to 2024-10-31

WHITLEY CROSSINGS NEIGHBORHOOD CORP, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $672K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $752K exceeded revenue, resulting in a 12% operating deficit.

Mission

PROVIDE DECENT AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $123,922

Program Service Revenue $542,590

Investment Income $3,364

Other Revenue $2,472

TOTAL REVENUE $672,348

Expense Breakdown

Grants Paid $0

Salaries & Benefits $249,332

Fundraising Expenses $0

Program Expenses $752,415

Other Expenses $503,083

TOTAL EXPENSES $752,415

Year-over-Year Comparison

	2023	2022	Change
Revenue	$672,348	$367,755	+0.8%
Expenses	$752,415	$249,365	+2.0%
Net Income	$-80,067	$118,390	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$240,022

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH DECKARD	CHAIRPERSON	0.50	Officer Director	$0	$0	$0
LINDA FULTON	SECRETARY	0.50	Officer Director	$0	$0	$0
JESSICA WARD	DIRECTOR	0.50	Director	$0	$0	$0
KAYLA WIGENT	DIRECTOR	0.50	Director	$0	$0	$0
MARILYN WILSON	DIRECTOR	0.50	Director	$0	$0	$0
STEVE HOFFMAN	PRESIDENT & CEO	1.00	Officer	$0	$40,596	$240,022

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	$672,348	$752,415	$3,260,939	$-80,067
2023	$1,552,614	$288,709	$6,356,517	$1,263,905
2023	$367,755	$249,365	$6,285,355	$118,390
2022	$452,867	$440,670	$7,335,041	$12,197
2021	$214,285	$158,341	$3,223,592	$55,944
2020	$211,098	$208,341	$3,186,077	$2,757
2019	$187,859	$215,834	$3,190,198	$-27,975
2018	$195,818	$211,484	$3,232,919	$-15,666

WHITLEY CROSSINGS NEIGHBORHOOD CORP