LINWOOD PROPERTY INC C/O HEARTLAND PRESBYTERY (EIN 431771169) - 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

1996

Legal Domicile

Principal Officer

DAVID WARM

Phone

8169241730

Tax Period

2024-01-01 to 2024-12-31

LINWOOD PROPERTY INC C/O HEARTLAND PRESBYTERY, founded in 1996, is a small nonprofit in the Religion sector that reported $556K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 91% operating deficit.

Mission

TO REDEVELOP A CHURCH PROPERTY IN THE CENTRAL CORE OF KANSAS CITY, MO, FOR OFFICES OF HEARTLAND PRESBYTERY, AN AREA HEADQUARTERS OF THE PRESBYTERIAN CHURCH (USA) AND FOR 501(C)(3) AGENCIES AND PROGRAMS SERVING THE COMMUNITY IN WHICH THE PROPERTY IS LOCATED.

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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 $41,072

Program Service Revenue $515,112

Investment Income $0

Other Revenue $0

TOTAL REVENUE $556,184

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $992,169

Other Expenses $1,010,583

TOTAL EXPENSES $1,060,583

Year-over-Year Comparison

	2024	2023	Change
Revenue	$556,184	$804,231	-0.3%
Expenses	$1,060,583	$1,010,687	+0.0%
Net Income	$-504,399	$-206,456	+1.4%

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

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
DAVID WARM	PRESIDENT	4.00	Director	$0	$0	$0
KITE SINGLETON	VICE PRESIDENT	4.00	Director	$0	$0	$0
ALAN PURVIS	MEMBER	1.00	Director	$0	$0	$0
THE REV KY WEEKLEY	MEMBER	1.00	Director	$0	$0	$0
THE REV DALE JACKSON	MEMBER	1.00	Director	$0	$0	$0
KAREN BOYD	MEMBER	1.00	Director	$0	$0	$0
MARCUS FLORES	MEMBER	1.00	Director	$0	$0	$0
KAREN SLAUGHTER	MEMBER	1.00	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	$556,184	$1,060,583	$8,832,059	$-504,399
2023	$804,231	$1,010,687	$9,430,236	$-206,456
2022	$1,265,232	$1,107,698	$9,878,565	$157,534
2021	$320,860	$738,957	$9,801,388	$-418,097
2020	$334,224	$294,790	$440,840	$39,434
2019	$228,381	$260,993	$401,406	$-32,612
2018	$224,308	$367,748	$434,018	$-143,440

LINWOOD PROPERTY INC C/O HEARTLAND PRESBYTERY