WINWOOD APARTMENTS INC (EIN 363252610) - 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

1983

Legal Domicile

Principal Officer

WILLIAM A LOWE

Phone

7737695500

Tax Period

2023-01-01 to 2023-12-31

WINWOOD APARTMENTS INC, founded in 1983, is a small nonprofit in the Housing & Shelter sector that reported $491K in total revenue in fiscal year 2023. Expenses of $475K left a modest 3% surplus.

Mission

A NON-PROFIT ORGANIZATION PROVIDING PROGRAMS, SERVICES, AND RESIDENCES TO OLDER ADULTS.

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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 $484,271

Investment Income $5,780

Other Revenue $841

TOTAL REVENUE $490,892

Expense Breakdown

Grants Paid $0

Salaries & Benefits $97,239

Fundraising Expenses $0

Program Expenses $403,092

Other Expenses $378,180

TOTAL EXPENSES $475,419

Year-over-Year Comparison

	2023	2022	Change
Revenue	$490,892	$470,640	+0.0%
Expenses	$475,419	$463,924	+0.0%
Net Income	$15,473	$6,716	+1.3%

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

$208,863

Total Directors

$208,863

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM A LOWE	PRESIDENT & CEO	5.00	Officer Director	$0	$6,958	$208,863
KATHLEEN C WEST	CHAIRPERSON	0.50	Officer Director	$0	$0	$0
MICHAEL J DUDLEY	SECRETARY	0.50	Officer Director	$0	$0	$0
EVAN WITKOWSKI	TREASURER	0.50	Officer 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	$490,892	$475,419	$750,335	$15,473
2022	$470,640	$463,924	$786,297	$6,716
2021	$451,015	$455,595	$865,088	$-4,580
2020	$449,059	$446,308	$887,969	$2,751
2019	$439,722	$467,806	$945,034	$-28,084
2018	$437,627	$445,022	$952,636	$-7,395

WINWOOD APARTMENTS INC