WATERSIDE HOMES INC (EIN 510616354) - 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

2006

Legal Domicile

Principal Officer

CARI GUTHRIE

Phone

3017153673

Tax Period

2024-07-01 to 2025-06-30

WATERSIDE HOMES INC, founded in 2006, is a micro nonprofit in the Housing & Shelter sector that reported $71K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $117K exceeded revenue, resulting in a 65% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.

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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 $0

Program Service Revenue $70,575

Investment Income $340

Other Revenue $0

TOTAL REVENUE $70,915

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,949

Other Expenses $116,965

TOTAL EXPENSES $116,965

Year-over-Year Comparison

	2024	2023	Change
Revenue	$70,915	$59,964	+0.2%
Expenses	$116,965	$105,836	+0.1%
Net Income	$-46,050	$-45,872	+0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARI GUTHRIE	PRESIDENT & BOARD CHAIR	0.10	Officer Director	$0	$0	$0
REBECCA MONZI	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
STANLEY ESTREMSKY	CHIEF FINANCIAL OFFICER	0.50	Officer Director	$0	$0	$0
MARK ROBINS	TREASURER	0.10	Officer Director	$0	$0	$0
LAWRENCE KOTCHEK	MEMBER	0.10	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	$70,915	$116,965	$1,557,918	$-46,050
2024	$59,964	$105,836	$1,582,432	$-45,872
2023	$64,707	$107,423	$1,600,697	$-42,716
2022	$72,206	$119,776	$1,608,273	$-47,570
2021	$66,571	$102,442	$1,634,653	$-35,871
2020	$64,174	$107,753	$1,661,860	$-43,579
2019	$63,486	$99,411	$1,702,681	$-35,925
2018	$63,225	$94,409	$1,730,721	$-31,184

WATERSIDE HOMES INC