Elderwood Inc (EIN 581537965) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

Clarence Billups

Phone

9122838778

Tax Period

2024-07-01 to 2025-06-30

Elderwood Inc, founded in 1983, is a small nonprofit in the Housing & Shelter sector that reported $167K in total revenue in fiscal year 2024.

Mission

PROVIDE HOUSING FOR ELDERLY & DISABLED

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $164,249

Investment Income $2,560

Other Revenue $0

TOTAL REVENUE $166,809

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,696

Fundraising Expenses $0

Program Expenses $157,903

Other Expenses $167,377

TOTAL EXPENSES $179,073

Year-over-Year Comparison

	2024	2023	Change
Revenue	$166,809	$162,744	+0.0%
Expenses	$179,073	$144,784	+0.2%
Net Income	$-12,264	$17,960	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Clarence Billups	PRESIDENT	1.00	Officer	$0	$0	$0
Sidney Burden	VP	0.00	Officer	$0	$0	$0
Ronald Paulk	cfo	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
2025	$166,809	$179,073	$485,494	$-12,264
2024	$162,744	$144,784	$538,930	$17,960
2023	$167,816	$159,425	$582,722	$8,391
2022	$175,546	$168,977	$623,081	$6,569
2021	$177,965	$182,705	$632,624	$-4,740
2020	$217,962	$193,525	$661,679	$24,437
2019	$222,424	$199,546	$655,219	$22,878

Elderwood Inc