WORTHINGTON SENIOR HOUSING INC (EIN 352331633) - 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

2010

Legal Domicile

Principal Officer

STEPHEN VANDER SCHAAF

Phone

3202696640

Tax Period

2023-07-01 to 2024-06-30

WORTHINGTON SENIOR HOUSING INC, founded in 2010, is a small nonprofit in the Housing & Shelter sector that reported $134K in total revenue in fiscal year 2023. Expenses of $194K exceeded revenue, resulting in a 45% operating deficit.

Mission

TO PROVIDE ACCESSIBLE HOUSING FOR ADULTS WITH DISABILITIES AND SENIORS.

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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 $56,247

Program Service Revenue $77,248

Investment Income $25

Other Revenue $0

TOTAL REVENUE $133,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $193,875

Other Expenses $193,875

TOTAL EXPENSES $193,875

Year-over-Year Comparison

	2023	2022	Change
Revenue	$133,520	$126,362	+0.1%
Expenses	$193,875	$191,033	+0.0%
Net Income	$-60,355	$-64,671	-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

$921,084

Total Directors

$921,084

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN VANDER SCHAAF	PRESIDENT	0.10	Officer Director	$0	$65,715	$576,902
KEN BERRY	VICE PRESIDE	0.10	Officer Director	$0	$12,119	$210,943
DANIELLE HERRERA-MARKWALD	SECRETARY	0.10	Officer Director	$0	$82	$133,239
JOHN W ADAMS	DIRECTOR	0.10	Director	$0	$0	$0
VIRGINIA UPCHURCH CHASE	DIRECTOR	0.10	Director	$0	$0	$0
MARK E HAMEL ESQ	DIRECTOR	0.10	Director	$0	$0	$0
ZACHARY JOHNSON	DIRECTOR	0.10	Director	$0	$0	$0
KAY KNUTSON	DIRECTOR	0.10	Director	$0	$0	$0
JENNIFER SAMAHA MSW	DIRECTOR	0.10	Director	$0	$0	$0
STEVE WIGGINS	DIRECTOR	0.10	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
2024	$133,520	$193,875	$1,617,704	$-60,355
2023	$126,362	$191,033	$1,669,563	$-64,671
2022	$115,915	$199,494	$1,745,536	$-83,579
2021	$127,725	$190,383	$1,807,088	$-62,658
2020	$125,971	$178,217	$1,884,797	$-52,246
2019	$129,972	$159,622	$1,921,099	$-29,650

WORTHINGTON SENIOR HOUSING INC