YW HOMES INC (EIN 631205100) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

RASHEDA WORKMAN

Phone

2053229922

Tax Period

2024-01-01 to 2024-12-31

YW HOMES INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $560K in total revenue in fiscal year 2018. Expenses of $648K exceeded revenue, resulting in a 16% operating deficit.

Mission

TO PROMOTE AND PROVIDE AFFORDABLE HOUSING TO LOW TO MODERATE INCOME FAMILIES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $27,763

Program Service Revenue $668,061

Investment Income $0

Other Revenue $0

TOTAL REVENUE $695,824

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,098

Fundraising Expenses $0

Program Expenses $409,585

Other Expenses $375,503

TOTAL EXPENSES $429,601

Year-over-Year Comparison

	2024	2023	Change
Revenue	$695,824	$251,064	+1.8%
Expenses	$429,601	$537,077	-0.2%
Net Income	$266,223	$-286,013	-1.9%

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

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

$194,537

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANDREA MCCASKEY	VICE PRESIDENT/SECRETARY	1.00	Officer Director	$0	$0	$0
JENNY SNEED	TREASURER	1.00	Officer Director	$0	$0	$0
MONICA ROMANO JAN 24-JULY 24	INTERIM CEO	1.00	Officer	$0	$0	$132,535
RASHEDA WORKMANAUG 2024-PRESENT	CEO	1.00	Officer	$0	$0	$62,002

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	$695,824	$429,601	$4,578,736	$266,223
2023	$251,064	$537,077	$4,796,248	$-286,013
2022	$349,846	$477,499	$5,107,020	$-127,653
2021	$313,693	$669,071	$5,231,008	$-355,378
2020	$281,461	$599,005	$5,933,872	$-317,544
2019	$438,711	$633,218	$5,878,902	$-194,507
2019	$438,316	$649,323	$5,878,000	$-211,007
2018	$559,572	$648,386	$6,008,049	$-88,814

YW HOMES INC