WESTMINSTER INGLESIDE PRESBYTERIAN FOUNDATION (EIN 541949766) - 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

1999

Legal Domicile

Principal Officer

JAMES SPENCER

Phone

3014072030

Tax Period

2023-01-01 to 2023-12-31

WESTMINSTER INGLESIDE PRESBYTERIAN FOUNDATION, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $3.6M in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $914K, a strong 26% operating margin.

Mission

TO SUPPORT THE MISSION OF THE INGLESIDE, WESTMINSTER, AND KING FARM RETIREMENT COMMUNITIES.

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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 $3,661,621

Program Service Revenue $0

Investment Income $-96,814

Other Revenue $-5,753

TOTAL REVENUE $3,559,054

Expense Breakdown

Grants Paid $2,123,303

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,123,303

Other Expenses $521,796

TOTAL EXPENSES $2,645,099

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,559,054	$4,039,347	-0.1%
Expenses	$2,645,099	$2,141,168	+0.2%
Net Income	$913,955	$1,898,179	-0.5%

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

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

$2,012,600

Total Directors

$403,132

Key Employees

$172,661

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS MYERS	WIF PRESIDENT & CEO	40.00	Officer Director	$0	$24,099	$403,132
PEGGY CECCHINE	DIRECTOR	1.00	Director	$0	$0	$0
JANET KELLEY	CHAIR	1.00	Officer Director	$0	$0	$0
DANIEL RUBINFELD	VICE-CHAIRMAN	1.00	Officer Director	$0	$0	$0
CATHY WRIGHT	SECRETARY	1.00	Officer Director	$0	$0	$0
DON BOARDMAN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT BREMNER	DIRECTOR	1.30	Officer Director	$0	$0	$0
ALICE BUHL	DIRECTOR	1.00	Director	$0	$0	$0
DALE CLARK	DIRECTOR	1.00	Director	$0	$0	$0
JIM FORD	DIRECTOR	1.00	Director	$0	$0	$0
JIM GEORGE	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD HALL	DIRECTOR	1.00	Director	$0	$0	$0
REGIS KEDDIE II	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT LEN	DIRECTOR	1.00	Director	$0	$0	$0
DR PETER WILLSON	DIRECTOR	1.00	Director	$0	$0	$0
SY HERMAN	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE BARTELS	IMMEDIATE PAST CHAIR	0.80	Officer Director	$0	$0	$0
LYNN O'CONNOR	PRESIDENT/CEO	8.00	Officer	$0	$37,262	$632,695
CHRISTINE PODLES	COO	8.00	Officer	$0	$11,348	$345,209
DUSANKA DELOVSKA-TRAKOVA	CIO	8.00	Officer	$0	$11,653	$295,761
TRACI ALLEY	CHIEF HR OFFICER	8.00	Officer	$0	$14,904	$335,803
JENNIFER SARGENT	VP HUMAN RESOURCES	5.00	Key Emp	$0	$11,288	$172,661

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	$3,559,054	$2,645,099	$29,483,574	$913,955
2022	$4,039,347	$2,141,168	$24,755,860	$1,898,179
2021	$4,637,966	$1,810,264	$26,410,729	$2,827,702
2020	$4,046,751	$1,217,204	$21,042,625	$2,829,547
2019	$6,679,999	$1,165,431	$15,346,738	$5,514,568
2018	$2,467,339	$1,093,549	$9,189,043	$1,373,790

WESTMINSTER INGLESIDE PRESBYTERIAN FOUNDATION