Ward Transitional Services Inc (EIN 814269480) - 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

2017

Legal Domicile

Principal Officer

Melissa Ward

Phone

5404922964

Tax Period

2024-01-01 to 2024-12-31

WARD TRANSITIONAL SERVICES INC, founded in 2017, is a small nonprofit in the Human Services sector that reported $518K in total revenue in fiscal year 2020. Revenue surged 48% from the prior year, signaling strong growth momentum. Expenses of $474K left a modest 8% surplus.

Mission

HELP THE DISABLED AND ELDERLY TRANSITION TO A HOME FROM A FACILITY. ASSIST WITH OBTAINING WAIVERS FOR THEM TO STAY IN THEIR HOMES WITH ATTENDANTS CARE. WE ENSURE CARE IS PROPER. HELP WITH PAYEE SERVICES.

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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 $0

Program Service Revenue $1,045,167

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,045,167

Expense Breakdown

Grants Paid $0

Salaries & Benefits $690,909

Fundraising Expenses $0

Program Expenses $773,267

Other Expenses $83,372

TOTAL EXPENSES $774,281

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,045,167	$780,421	+0.3%
Expenses	$774,281	$726,433	+0.1%
Net Income	$270,886	$53,988	+4.0%

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

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

$79,682

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Melissa Ward	CEO	40.00	Officer	$79,682	$0	$79,682
James Ward	Vice Board Chair	0.00	Director	$0	$0	$0
Georgine Ward	Boad Chair	0.00	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
2024	$1,045,167	$774,281	$211,582	$270,886
2023	$780,412	$726,433	$104,474	$53,979
2022	$751,143	$747,937	$50,495	$3,206
2021	$588,735	$587,146	$47,289	$1,589
2020	$518,184	$474,345	$53,999	$43,839

Ward Transitional Services Inc