THE VILLAGE AT PROVIDENCE POINT INC (EIN 454024593) - 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

2014

Legal Domicile

Principal Officer

CYNTHIA WALTERS

Phone

3013542710

Tax Period

2024-01-01 to 2024-12-31

THE VILLAGE AT PROVIDENCE POINT INC, founded in 2014, is a micro nonprofit in the Housing & Shelter sector that reported $99K in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $1.6M exceeded revenue, resulting in a 1479% operating deficit.

Mission

WILL PROVIDE INDEPENDENT LIVING APARTMENTS, COTTAGES AND HEALTH CARE SUITES TO OLDER ADULTS.

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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 $300

Program Service Revenue $98,916

Investment Income $0

Other Revenue $0

TOTAL REVENUE $99,216

Expense Breakdown

Grants Paid $0

Salaries & Benefits $509,470

Fundraising Expenses $0

Program Expenses $1,245,769

Other Expenses $1,057,582

TOTAL EXPENSES $1,567,052

Year-over-Year Comparison

	2024	2023	Change
Revenue	$99,216	$51,603	+0.9%
Expenses	$1,567,052	$2,271,970	-0.3%
Net Income	$-1,467,836	$-2,220,367	-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

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

$737,607

Total Directors

$497,990

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN WERTZ JR	CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL BRADY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CHAPLIN PAULA THISTLE	BOARD MEMBER	1.00	Director	$0	$0	$0
CYNTHIA WALTERS	PRESIDENT/CEO	5.00	Officer Director	$0	$31,093	$497,990
DONNA CASNER	VICE PRESIDENT FINANCE	5.00	Officer	$0	$18,427	$239,617

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	$99,216	$1,567,052	$40,129,266	$-1,467,836

THE VILLAGE AT PROVIDENCE POINT INC