ATWOOD ELDER HOUSING INC

EIN: 412277836 501(c)(3) Crime & Legal

WORCESTER, MA

Total Revenue
$440,652
Total Expenses
$664,737
Total Assets
$4,517,715
Net Assets
$3,226,122
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
MA
Principal Officer
BRIAN SCALES
Phone
9786306600
Tax Period
2024-11-01 to 2025-10-31

ATWOOD ELDER HOUSING INC, founded in 2008, is a small nonprofit in the Crime & Legal sector that reported $441K in total revenue in fiscal year 2024. Expenses of $665K exceeded revenue, resulting in a 51% operating deficit.

Mission

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

Program Service Accomplishments

Program 1
Expenses: $611,462 Revenue: $222,042

TO ACQUIRE, CONSTRUCT, AND OPERATE 36 UNITS OF LOW-INCOME HOUSING FOR ELDERLY PERSONS LOCATED IN TOWNSEND, MASSACHUSETTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $217,825
Program Service Revenue $218,595
Investment Income $785
Other Revenue $3,447
TOTAL REVENUE $440,652

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $611,462
Other Expenses $664,737
TOTAL EXPENSES $664,737

Year-over-Year Comparison

2024 2023 Change
Revenue $440,652 $416,558 +0.1%
Expenses $664,737 $597,989 +0.1%
Net Income $-224,085 $-181,431 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
1
Independent Members
1
Employees
N/A
Volunteers
1

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
2
$351,601
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
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 $15,270 $273,015
DEBORAH A FOLEY CLERK/RESIDENT AGENT 1.00
Officer
$0 $0 $78,586
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 $440,652 $664,737 $4,517,715 $-224,085
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
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