WASHINGTON STREET COMMUNITY CENTER (EIN 582183617) - 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

1996

Legal Domicile

Principal Officer

DR MELVIN BAKER

Phone

7707864002

Tax Period

2024-01-01 to 2024-12-31

WASHINGTON STREET COMMUNITY CENTER, founded in 1996, is a small nonprofit in the Education sector that reported $304K in total revenue in fiscal year 2024. Expenses of $345K exceeded revenue, resulting in a 14% operating deficit.

Mission

DEVELOP COMMUNITY PROGRAMS FOR YOUTH AND OLDER ADULTS

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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 $300,888

Program Service Revenue $0

Investment Income $380

Other Revenue $2,469

TOTAL REVENUE $303,737

Expense Breakdown

Grants Paid $0

Salaries & Benefits $53,829

Fundraising Expenses $0

Program Expenses $150,253

Other Expenses $291,125

TOTAL EXPENSES $344,954

Year-over-Year Comparison

	2024	2023	Change
Revenue	$303,737	$305,052	0.0%
Expenses	$344,954	$315,738	+0.1%
Net Income	$-41,217	$-10,686	+2.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LOUISE B ADAMS	SECRETARY	N/A	Officer Director	$0	$0	$0
DR MELVIN BAKER	DIRECTOR	N/A	Officer Director	$0	$0	$0
KALE BLACKSHEAR	DIRECTOR	N/A	Director	$0	$0	$0
BRIAN C GREEN	DIRECTOR	N/A	Director	$0	$0	$0
LEROY NOLLEY	TREASURER	N/A	Director	$0	$0	$0
LEKEYIA D REID	PRESIDENT	N/A	Officer Director	$0	$0	$0
MICHAEL SYPHOE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MIRIAM WILKINS	SECRETARY	N/A	Officer 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
2024	$303,737	$344,954	$150,263	$-41,217
2023	$305,052	$315,738	$166,804	$-10,686
2022	$334,173	$282,080	$201,740	$52,093
2021	$246,566	$239,936	$146,006	$6,630
2020	$200,705	$190,881	$146,933	$9,824
2019	$205,750	$194,914	$32,001	$10,836
2018	$214,685	$198,562	$21,165	$16,123

WASHINGTON STREET COMMUNITY CENTER