WORC HAVEN INC (EIN 592274454) - 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

1982

Legal Domicile

Phone

3055969040

Tax Period

2024-07-01 to 2025-06-30

WORC HAVEN INC, founded in 1982, is a small nonprofit that reported $151K in total revenue in fiscal year 2024. Expenses of $190K exceeded revenue, resulting in a 26% operating deficit.

Mission

THE MISSION IS TO CREATE VALUED LIVES FOR PEOPLE WITH DISABILITIES.

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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 $150,885

Investment Income $462

Other Revenue $0

TOTAL REVENUE $151,347

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $190,150

Other Expenses $190,150

TOTAL EXPENSES $190,150

Year-over-Year Comparison

	2024	2023	Change
Revenue	$151,347	$155,692	0.0%
Expenses	$190,150	$190,683	0.0%
Net Income	$-38,803	$-34,991	+0.1%

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

$1,222,701

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEVIN E VANCE	CHAIR	1.0	Officer Director	$0	$0	$0
CONNIE CONNIE CROWTHER	DIRECTOR	1.0	Director	$0	$0	$0
ROBERT COKER	DIRECTOR	1.0	Director	$0	$0	$0
ARNIE PANIAGUA	SECRETARY/TREASURER	1.0	Officer	$0	$3,262	$261,896
JAMESON DORMANN	SECRETARY/TREASURER	1.0	Officer	$0	$23,022	$319,193
SHERRI POTTER	ASSISTANT SECRETARY	1.0	Officer	$0	$27,142	$157,992
ZACHARY WRAY	PRESIDENT	1.0	Officer	$0	$33,620	$483,620

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	$151,347	$190,150	$593,687	$-38,803
2024	$155,692	$190,683	$596,417	$-34,991
2023	$156,001	$193,027	$637,723	$-37,026
2022	$142,770	$182,686	$611,940	$-39,916
2021	$146,545	$183,551	$645,541	$-37,006
2020	$149,676	$202,179	$678,405	$-52,503
2019	$153,288	$165,648	$760,206	$-12,360
2018	$136,651	$179,404	$734,255	$-42,753

WORC HAVEN INC