WOODSONIA HOMES ASSOCIATION

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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

Legal Domicile

Principal Officer

NANCY PLATT

Phone

9132293573

Tax Period

2024-01-01 to 2024-12-31

WOODSONIA HOMES ASSOCIATION is a small nonprofit that reported $223K in total revenue in fiscal year 2024.

Mission

HOMES ASSOCIATION.

Program Service Accomplishments

Program 1

Expenses: $238,515

SERVICES TO ASSOCIATION MEMBERS.

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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 $218,075

Program Service Revenue $0

Investment Income $5,152

Other Revenue $0

TOTAL REVENUE $223,227

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $238,515

Other Expenses $238,515

TOTAL EXPENSES $238,515

Year-over-Year Comparison

	2024	2023	Change
Revenue	$223,227	$216,430	+0.0%
Expenses	$238,515	$186,661	+0.3%
Net Income	$-15,288	$29,769	-1.5%

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

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
RYAN FLANAGAN	BOARD MEMBER	N/A	Director	$0	$0	$0
NANCY PLATT	PRESIDENT	N/A	Officer Director	$0	$0	$0
ROBERT PLATT	TREASURER	N/A	Officer Director	$0	$0	$0
LAURA RIEDESEL	BOARD MEMBER	N/A	Director	$0	$0	$0
ERIC ROGERS	SECRETARY	N/A	Officer Director	$0	$0	$0
HEATH STURART	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
TYLER WILLIAMS	BOARD MEMBER	N/A	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
2025	No data	No data	No data	No data
2024	$223,227	$238,515	$129,353	$-15,288
2023	$216,430	$186,661	$129,721	$29,769