TIMBERLAWN PLACE INC (EIN 753109615) - 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

2002

Legal Domicile

Principal Officer

JERRIESUE WILLIAMS

Phone

6013988147

Tax Period

2024-01-01 to 2024-12-31

TIMBERLAWN PLACE INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $204K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $234K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDES HOUSING TO LOW INCOME ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

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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 $202,512

Investment Income $1,802

Other Revenue $0

TOTAL REVENUE $204,314

Expense Breakdown

Grants Paid $0

Salaries & Benefits $22,645

Fundraising Expenses $0

Program Expenses $206,004

Other Expenses $211,734

TOTAL EXPENSES $234,379

Year-over-Year Comparison

	2024	2023	Change
Revenue	$204,314	$178,565	+0.1%
Expenses	$234,379	$208,352	+0.1%
Net Income	$-30,065	$-29,787	+0.0%

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
JERRIESUE WILLIAMS	PRESIDENT	2.00	Officer	$0	$0	$0
LEEDELL TRIPP JR	VICE PRESIDE	1.00	Officer	$0	$0	$0
JAELRBREIRET WILLIAMS	SECRETARY TR	1.00	Officer	$0	$0	$0
JAMES EVANS	DIRECTOR	1.00	Director	$0	$0	$0
CURTIS PAGE JR	DIRECTOR	1.00	Director	$0	$0	$0
CURTIS PITTMAN	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD WIGGINS	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$204,314	$234,379	$992,850	$-30,065
2023	$178,565	$208,352	$1,014,117	$-29,787
2022	$186,827	$213,173	$1,025,460	$-26,346
2021	$180,788	$189,748	$1,054,994	$-8,960
2020	$177,472	$203,937	$1,058,367	$-26,465
2019	$172,555	$177,700	$1,135,374	$-5,145
2018	$178,891	$172,030	$1,109,639	$6,861

TIMBERLAWN PLACE INC