WATSON STREET MANAGEMENT AND DEVELOPMENT CORPORATION (EIN 471636395) - 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

MELODY JOHNSON-WILLIAMS

Phone

8569682700

Tax Period

2023-01-01 to 2023-12-31

WATSON STREET MANAGEMENT AND DEVELOPMENT CORPORATION, founded in 2014, is a community nonprofit in the Housing & Shelter sector that reported $1.8M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $3.5M exceeded revenue, resulting in a 88% operating deficit.

Mission

SEE SECTION O

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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 $0

Program Service Revenue $1,040,659

Investment Income $0

Other Revenue $798,999

TOTAL REVENUE $1,839,658

Expense Breakdown

Grants Paid $0

Salaries & Benefits $941,243

Fundraising Expenses $0

Program Expenses $3,462,925

Other Expenses $2,521,682

TOTAL EXPENSES $3,462,925

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,839,658	$1,594,575	+0.2%
Expenses	$3,462,925	$2,103,507	+0.6%
Net Income	$-1,623,267	$-508,932	+2.2%

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

N/A

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

$177,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES VALENTINE	SECRETARY	1.00	Officer	$0	$0	$0
DEBORAH PERSON-POLK	VICE PRESIDENT	1.00	Officer	$0	$0	$0
MELODY WILLIAMS JOHNSON	PRESIDENT	1.00	Officer	$0	$0	$177,000
NAOMI SORIA-PEREZ	TRUSTEE	1.00	Officer	$0	$0	$0
DENISE GORDY	TREASURER	1.00	Officer	$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	No data	No data	No data	No data
2023	$1,839,658	$3,462,925	$5,623,809	$-1,623,267
2022	$1,594,575	$2,103,507	$3,909,075	$-508,932
2022	$1,594,575	$2,103,507	$3,909,075	$-508,932
2021	$940,025	$992,917	$3,276,445	$-52,892
2020	$2,138,554	$1,121,581	$2,840,364	$1,016,973

WATSON STREET MANAGEMENT AND DEVELOPMENT CORPORATION