WESTWARD DEVELOPMENT INC (EIN 431262774) - 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

Principal Officer

STAN TROEH

Phone

8162214450

Tax Period

2024-01-01 to 2024-12-31

WESTWARD DEVELOPMENT INC is a small nonprofit that reported $563K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $185K, a strong 33% operating margin.

Mission

SUBSIDIZED 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 $0

Program Service Revenue $562,728

Investment Income $49

Other Revenue $0

TOTAL REVENUE $562,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,568

Fundraising Expenses $0

Program Expenses $273,607

Other Expenses $268,186

TOTAL EXPENSES $377,754

Year-over-Year Comparison

	2024	2023	Change
Revenue	$562,777	$506,522	+0.1%
Expenses	$377,754	$364,309	+0.0%
Net Income	$185,023	$142,213	+0.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE BECKMAN	TREASURER	N/A	Officer Director	$0	$0	$0
BOB BILLINGS	DIRECTOR	N/A	Director	$0	$0	$0
KERRI BOOTH	SECRETARY	N/A	Officer Director	$0	$0	$0
LEHI GERMAN	DIRECTOR	N/A	Director	$0	$0	$0
JANE LANDRUM	DIRECTOR	N/A	Director	$0	$0	$0
KERRY LUKENBILL	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
STAN TROEH	PRESIDENT	N/A	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	$562,777	$377,754	$325,680	$185,023
2023	$506,522	$364,309	$296,109	$142,213
2022	$524,509	$380,150	$287,889	$144,359
2021	$488,831	$403,557	$279,799	$85,274
2020	$502,082	$424,760	$277,306	$77,322
2019	$476,391	$417,323	$333,770	$59,068
2018	$470,184	$389,149	$336,843	$81,035

WESTWARD DEVELOPMENT INC