WESTMINSTER NEIGHBORHOOD SERVICES INC (EIN 463757511) - 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

2013

Legal Domicile

Principal Officer

CHRISSY PETERSEN

Phone

3176329785

Tax Period

2023-01-01 to 2023-12-31

WESTMINSTER NEIGHBORHOOD SERVICES INC, founded in 2013, is a small nonprofit in the Human Services sector that reported $982K in total revenue in fiscal year 2023. Expenses of $1.1M exceeded revenue, resulting in a 17% operating deficit.

Mission

WESTMINSTER NEIGHBORHOOD SERVICES INC. PROVIDES BASIC HUMAN NECESSITIES AND EDUCATIONAL OPPORTUNITIES TO SUPPORT AND EMPOWER AT-RISK CHILDREN AND FAMILIES ON THE NEAR EASTSIDE OF INDIANAPOLIS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $986,515

Program Service Revenue $0

Investment Income $2,586

Other Revenue $-7,040

TOTAL REVENUE $982,061

Expense Breakdown

Grants Paid $0

Salaries & Benefits $540,696

Fundraising Expenses $143,172

Program Expenses $853,484

Other Expenses $608,448

TOTAL EXPENSES $1,149,144

Year-over-Year Comparison

	2023	2022	Change
Revenue	$982,061	$919,002	+0.1%
Expenses	$1,149,144	$1,010,678	+0.1%
Net Income	$-167,083	$-91,676	+0.8%

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

800

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

$74,462

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN KITCHEN	BOARD MEMBER	1.00	Director	$0	$0	$0
BECKY DOEMLAND	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
EMILY MOSIER	SECRETARY	1.00	Officer Director	$0	$0	$0
MATT CARLSTEDT	TREASURER	1.00	Officer Director	$0	$0	$0
STEVE GROTH	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUG KOUNS	BOARD MEMBER	1.00	Director	$0	$0	$0
DENISE TURNER	BOARD MEMBER	1.00	Director	$0	$0	$0
DERRIN SLACK	BOARD MEMBER	1.00	Director	$0	$0	$0
KENYA MCMILLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
SUSAN VOGT	VICE BOARD CHAIR	1.00	Officer Director	$0	$0	$0
EILEEN DENNIE	BOARD MEMBER	1.00	Director	$0	$0	$0
EMILY NELSON	BOARD MEMBER	1.00	Director	$0	$0	$0
SUNDARESH RAMANATHAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRISSY PETERSEN	EXECUTIVE DIRECTOR	40.00	Officer	$74,462	$0	$74,462

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	No data	No data	No data	No data
2023	$982,061	$1,149,144	$2,965,375	$-167,083
2022	$919,002	$1,010,678	$3,140,619	$-91,676
2021	$1,533,151	$1,031,931	$3,292,774	$501,220
2020	$1,334,629	$1,135,661	$3,332,561	$198,968

WESTMINSTER NEIGHBORHOOD SERVICES INC