WILLOW ROAD RESIDENTS ASSOCIATION INC

EIN: 845080501 501(c)(3) Human Services

FREDERICK, MD

Total Revenue
$217,601
Total Expenses
$177,670
Total Assets
$141,341
Net Assets
$137,803
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
MD
Principal Officer
BRUCE ROBERTSON
Phone
3016952697
Tax Period
2022-01-01 to 2022-12-31

WILLOW ROAD RESIDENTS ASSOCIATION INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $218K in total revenue in fiscal year 2022. The organization ran a surplus of $40K, a strong 18% operating margin.

Mission

WORKS WITH HOMEWOOD AT FREDERICK TO PROVIDE FINANCIAL SUPPORT, OPPORTUNITIES AND ACTIVITIES FOR THE INDEPENDENT LIVING RESIDENTS AT HOMEWOOD AT FREDERICK THAT PROMOTES AND FURTHERS THEIR GENERAL WELFARE.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $6,167
Program Service Revenue $186,623
Investment Income $107
Other Revenue $24,704
TOTAL REVENUE $217,601

Expense Breakdown

Grants Paid $164,656
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $173,620
Other Expenses $13,014
TOTAL EXPENSES $177,670

Year-over-Year Comparison

2022 2021 Change
Revenue $217,601 $205,063 +0.1%
Expenses $177,670 $181,033 0.0%
Net Income $39,931 $24,030 +0.7%
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

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Governance

Voting Members
22
Independent Members
N/A
Employees
N/A
Volunteers
231

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
10
$0
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM WELLER PRESIDENT 0.00
Officer Director
$0 $0 $0
CLAUDE REVIS IMMEDIATE PAST PRESIDENT 0.00
Officer Director
$0 $0 $0
BRUCE ROBERTSON PRESIDENT ELECT 0.00
Officer Director
$0 $0 $0
DALE HOSCHEIT SECRETARY 0.00
Officer Director
$0 $0 $0
RAY GREEN TREASURER 0.00
Officer Director
$0 $0 $0
CONNIE CRANOR ASSISTANT TREASURER 0.00
Officer Director
$0 $0 $0
SHIRLEY ERDMANIS VP - CRUMLAND FARMS (CF) 0.00
Officer Director
$0 $0 $0
JIM SPILLER VP - THE LODGE (TL) 0.00
Officer Director
$0 $0 $0
DONALD FOX VP - PATIO HOMES (PH) 0.00
Officer Director
$0 $0 $0
LIBBY FUSS REPRESENTATIVE - CF 0.00
Director
$0 $0 $0
BARBARA KIRK REPRESENTATIVE - CF 0.00
Director
$0 $0 $0
MAXINE FRENCH REPRESENTATIVE - CF 0.00
Director
$0 $0 $0
CORALINN KUEHL REPRESENTATIVE - CF 0.00
Director
$0 $0 $0
RICHARD FULCHIRON REPRESENTATIVE - PH 0.00
Director
$0 $0 $0
SUE CHAPIN REPRESENTATIVE - PH 0.00
Director
$0 $0 $0
ANNA WINEGAR REPRESENTATIVE - PH 0.00
Director
$0 $0 $0
ART ELGIN REPRESENTATIVE - PH 0.00
Director
$0 $0 $0
BEVERLY KOHLHEPP REPRESENTATIVE - TL 0.00
Director
$0 $0 $0
JUDY VANDEVER REPRESENTATIVE - TL 0.00
Director
$0 $0 $0
MARGARET PERRY REPRESENTATIVE - TL 0.00
Director
$0 $0 $0
BEVERLY SHIVELY REPRESENTATIVE - TL 0.00
Director
$0 $0 $0
DAVID CARMACK ASSISTANT SECRETARY 0.00
Officer 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
2022 $217,601 $177,670 $141,341 $39,931
2021 $205,063 $181,033 $103,119 $24,030
2020 $254,574 $180,732 $77,140 $73,842
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