NORTHWOODS HOMELESS SHELTERS INC (EIN 391924443) - 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

JOYCE SCHAEFER

Phone

7155540137

Tax Period

2024-01-01 to 2024-12-31

NORTHWOODS HOMELESS SHELTERS INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $191K in total revenue in fiscal year 2024. The organization ran a surplus of $30K, a strong 16% operating margin.

Mission

TO PROVIDE EMERGENCY SHELTER TO HOMELESS FAMILIES AND INDIVIDUALS IN POLK COUNTY WISCONSIN AND THE SURROUNDING AREA, TO PROVIDE SUPPORT AND CASE MANAGEMENT SERVICES WHILE RESIDENTS ARE ADDRESSING THE ISSUES THAT CAUSED THE HOMELESS SITUATION, AND TO ASSIST RESIDENTS IN THE PROCESS OF IDENTIFYING AND MOVING INTO AFFORDABLE PERMANENT HOUSING.

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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 $177,609

Program Service Revenue $4,440

Investment Income $2,387

Other Revenue $6,342

TOTAL REVENUE $190,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,854

Fundraising Expenses $2,669

Program Expenses $119,643

Other Expenses $104,259

TOTAL EXPENSES $161,113

Year-over-Year Comparison

	2024	2023	Change
Revenue	$190,778	$200,308	0.0%
Expenses	$161,113	$150,030	+0.1%
Net Income	$29,665	$50,278	-0.4%

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

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

$50,444

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VIRGINIA ORMSBY	EXECUTIVE DI	40.00	Officer	$48,444	$2,000	$50,444
KATE BEVINGTON	DIRECTOR	0.25	Director	$0	$0	$0
PASTOR MAGGIE ISAACSON	SECRETARY	0.25	Officer Director	$0	$0	$0
SARAH JACOBSON	TREASURER	1.00	Officer Director	$0	$0	$0
MARK NELSON	DIRECTOR	0.25	Director	$0	$0	$0
JOYCE SCHAEFER	CHAIR	0.25	Officer Director	$0	$0	$0
KRISTIE WAGNER	VICE CHAIR	0.25	Officer Director	$0	$0	$0
SYLVIA WIEN	DIRECTOR	0.25	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	$190,778	$161,113	$448,756	$29,665
2023	$200,308	$150,030	$416,084	$50,278

NORTHWOODS HOMELESS SHELTERS INC