NOWATA GARDENS INC

🔒

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

1995

Legal Domicile

Principal Officer

CARISSA PIERCE

Phone

9182731636

Tax Period

2024-01-01 to 2024-12-31

NOWATA GARDENS INC, founded in 1995, is a small nonprofit in the Housing & Shelter sector that reported $529K in total revenue in fiscal year 2024. Expenses of $472K left a modest 11% surplus.

Mission

TO OPERATE AN APARTMENT COMPLEX UNDER SECTION 8 OF THE NATIONAL HOUSING ACT. PROJECT IS REGULATED BY HUD AS TO RENT CHARGES AND OPERATING METHODS.

Program Service Accomplishments

Program 1

Expenses: $239,987 Revenue: $528,896

APARTMENT COMPLEX OF 60 UNITS RECEIVED RENT SUBSIDY PAYMENTS FROM HUD

🔒

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 $0

Investment Income $2,261

Other Revenue $526,635

TOTAL REVENUE $528,896

Expense Breakdown

Grants Paid $0

Salaries & Benefits $137,840

Fundraising Expenses $0

Program Expenses $239,987

Other Expenses $334,042

TOTAL EXPENSES $471,882

Year-over-Year Comparison

	2024	2023	Change
Revenue	$528,896	$498,149	+0.1%
Expenses	$471,882	$449,899	+0.0%
Net Income	$57,014	$48,250	+0.2%

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
CARISSA PIERCE	PRESIDENT	0.00	Officer	$0	$0	$0
WE MADDUX	SECTREAS	0.00	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
2024	$528,896	$471,882	$575,298	$57,014
2023	$498,149	$449,899	$516,300	$48,250
2022	$484,497	$441,270	$480,721	$43,227
2021	$468,183	$473,425	$444,988	$-5,242
2020	$452,774	$459,732	$429,321	$-6,958
2019	$602,433	$463,792	$424,793	$138,641
2018	$440,996	$426,304	$448,377	$14,692