ATWOOD ELDER HOUSING INC (EIN 412277836) - 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

2008

Legal Domicile

Principal Officer

BRIAN SCALES

Phone

9786306600

Tax Period

2023-11-01 to 2024-10-31

ATWOOD ELDER HOUSING INC, founded in 2008, is a small nonprofit in the Crime & Legal sector that reported $417K in total revenue in fiscal year 2023. Expenses of $598K exceeded revenue, resulting in a 44% operating deficit.

Mission

TO PROVIDE AFFORDABLE RESIDENTIAL HOUSING FOR ELDERLY PERSONS IN TOWNSEND, MA.

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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 $216,829

Program Service Revenue $195,249

Investment Income $674

Other Revenue $3,806

TOTAL REVENUE $416,558

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $547,340

Other Expenses $597,989

TOTAL EXPENSES $597,989

Year-over-Year Comparison

	2023	2022	Change
Revenue	$416,558	$392,339	+0.1%
Expenses	$597,989	$572,030	+0.0%
Net Income	$-181,431	$-179,691	+0.0%

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

$324,332

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANNE STEVENS	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN SCALES	PRESIDENT/TREASURER	1.00	Officer	$0	$14,570	$240,515
DEBORAH A FOLEY	CLERK/RESIDENT AGENT	1.00	Officer	$0	$7,023	$83,817

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	$416,558	$597,989	$4,516,084	$-181,431
2023	$392,339	$572,030	$4,699,031	$-179,691
2022	$384,119	$554,686	$4,876,852	$-170,567
2021	$297,132	$533,277	$5,031,869	$-236,145
2020	$352,903	$515,420	$5,263,830	$-162,517
2019	$341,623	$499,323	$5,432,537	$-157,700
2018	$313,303	$525,166	$5,576,567	$-211,863

ATWOOD ELDER HOUSING INC