WATERTOWER RESIDENTIAL INC (EIN 710919446) - 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

2001

Legal Domicile

Principal Officer

LASHAUN WOODS

Phone

2197571921

Tax Period

2024-07-01 to 2025-06-30

WATERTOWER RESIDENTIAL INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $143K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $158K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING

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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 $76,999

Program Service Revenue $66,278

Investment Income $35

Other Revenue $0

TOTAL REVENUE $143,312

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $132,123

Other Expenses $157,708

TOTAL EXPENSES $157,708

Year-over-Year Comparison

	2024	2023	Change
Revenue	$143,312	$99,525	+0.4%
Expenses	$157,708	$201,221	-0.2%
Net Income	$-14,396	$-101,696	-0.9%

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

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

$558,746

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLA HOUCK	CHAIR	0.50	Officer Director	$0	$0	$0
LINDA JONAITIS	VICE CHAIR	0.50	Officer Director	$0	$0	$0
DR AMY HAN	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
CAROL DRASGA	BOARD MEMBER	0.50	Director	$0	$0	$0
GARY JOHNSON	BOARD MEMBER	0.50	Director	$0	$0	$0
DANIEL KLEIN	BOARD MEMBER	0.50	Director	$0	$0	$0
DANNY LACKEY	BOARD MEMBER	0.50	Director	$0	$0	$0
DONALD LEVINSON	BOARD MEMBER	0.50	Director	$0	$0	$0
JONATHAN PETERSEN	BOARD MEMBER	0.50	Director	$0	$0	$0
TERRY QUINN	BOARD MEMBER	0.50	Director	$0	$0	$0
RANDALL SHEPARD	BOARD MEMBER	0.50	Director	$0	$0	$0
MADRIEL TERRELL	BOARD MEMBER	0.50	Director	$0	$0	$0
THOMAS O'DONNELL	BOARD MEMBER PARTIAL TERM	0.50	Director	$0	$0	$0
LASHAUN WOODS	EX-OFFICIO & GEMINUS CFO	2.00	Officer	$0	$14,242	$148,697
WILLIAM TROWBRIDGE	EX-OFFICIO & REGIONAL CEO	2.00	Officer	$0	$98,353	$410,049

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	$143,312	$157,708	$1,028,673	$-14,396
2024	$99,525	$201,221	$1,038,619	$-101,696
2023	$108,546	$178,894	$1,071,527	$-70,348
2022	$104,299	$138,685	$1,102,483	$-34,386
2021	$101,849	$131,249	$1,136,461	$-29,400
2020	$93,540	$162,701	$1,159,203	$-69,161
2019	$102,055	$179,970	$1,210,499	$-77,915

WATERTOWER RESIDENTIAL INC