WACTOR GARDENS PHASE II INC (EIN 800112869) - Form 990 Financial Analysis & Trantor Score

🔒

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

2004

Legal Domicile

Principal Officer

GARRICK WITHERSPOON

Phone

2529460110

Tax Period

2025-01-01 to 2025-12-31

WACTOR GARDENS PHASE II INC, founded in 2004, is a small nonprofit in the Housing & Shelter sector that reported $157K in total revenue in fiscal year 2025. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $183K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE HOUSING TO TENANTS WHO HAVE SPECIAL NEEDS.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $115,121

Program Service Revenue $40,850

Investment Income $816

Other Revenue $0

TOTAL REVENUE $156,787

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $174,394

Other Expenses $183,315

TOTAL EXPENSES $183,315

Year-over-Year Comparison

	2025	2024	Change
Revenue	$156,787	$143,354	+0.1%
Expenses	$183,315	$157,398	+0.2%
Net Income	$-26,528	$-14,044	+0.9%

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
GARRICK WITHERSPOON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ERIC WHITAKER	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
MILDRED RANDOLPH	TREASURER	1.00	Officer Director	$0	$0	$0
JOYCE O'NEAL	SECRETARY	1.00	Officer Director	$0	$0	$0
SOLOMON ORE JR	DIRECTOR	1.00	Director	$0	$0	$0
PAULA MCCULLOUGH	DIRECTOR	1.00	Director	$0	$0	$0
ERNEST REESE JR	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	$156,787	$183,315	$551,095	$-26,528
2024	$143,354	$157,398	$575,594	$-14,044
2023	$125,906	$163,558	$606,780	$-37,652
2022	$124,719	$152,523	$638,001	$-27,804
2021	$127,329	$146,241	$666,730	$-18,912
2020	$116,655	$150,322	$692,981	$-33,667
2019	$100,232	$141,916	$708,667	$-41,684
2018	$96,243	$121,185	$749,008	$-24,942

WACTOR GARDENS PHASE II INC