Woodlands Development Group Inc (EIN 550745158) - 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

1995

Legal Domicile

Principal Officer

Adam Williams

Phone

3044042300

Tax Period

2023-01-01 to 2023-12-31

Woodlands Development Group Inc, founded in 1995, is a community nonprofit in the Housing & Shelter sector that reported $3.4M in total revenue in fiscal year 2023. Revenue surged 139% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 56% operating margin.

Mission

Woodlands Development Group helps build healthy, viable communities in the region by developing sustainable, affordable housing and supporting economic initiatives.

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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 $439,790

Program Service Revenue $2,984,458

Investment Income $4,460

Other Revenue $0

TOTAL REVENUE $3,428,708

Expense Breakdown

Grants Paid $0

Salaries & Benefits $608,612

Fundraising Expenses $0

Program Expenses $1,206,130

Other Expenses $894,369

TOTAL EXPENSES $1,502,981

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,428,708	$1,434,117	+1.4%
Expenses	$1,502,981	$1,296,467	+0.2%
Net Income	$1,925,727	$137,650	+13.0%

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

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

$80,418

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Adam Williams	President	1.00	Officer Director	$0	$0	$0
Andrew Carroll	Vice President	1.00	Officer Director	$0	$0	$0
Timothy Huguenin	Secretary & Treasurer	1.00	Officer Director	$0	$0	$0
Amber Vineyard	Director	1.00	Director	$0	$0	$0
Sam McWhorter	Director	1.00	Director	$0	$0	$0
Sarah Heuer	Director	1.00	Director	$0	$0	$0
Libbey Holewski	Director	1.00	Director	$0	$0	$0
Dave Clark	Executive Director	40.00	Officer	$72,507	$7,911	$80,418

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	$3,428,708	$1,502,981	$19,691,957	$1,925,727
2022	$1,434,117	$1,296,467	$17,746,868	$137,650
2021	$1,913,403	$1,205,249	$8,579,394	$708,154
2020	$3,122,466	$2,641,281	$7,625,969	$481,185

Woodlands Development Group Inc