WOODNEXT PHILANTHROPIES (EIN 881330756) - 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

2021

Legal Domicile

Principal Officer

STEPHEN D MAISLIN

Phone

7133332200

Tax Period

2024-01-01 to 2024-12-31

WOODNEXT PHILANTHROPIES, founded in 2021, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $26.9M exceeded revenue, resulting in a 360% operating deficit.

Mission

PROVIDE SUPPORT FOR 501(C)(3) ORGANIZATIONS.

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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 $0

Investment Income $5,837,065

Other Revenue $0

TOTAL REVENUE $5,837,065

Expense Breakdown

Grants Paid $26,304,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $26,721,296

Other Expenses $563,486

TOTAL EXPENSES $26,867,486

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,837,065	$7,907,153	-0.3%
Expenses	$26,867,486	$22,419,740	+0.2%
Net Income	$-21,030,421	$-14,512,587	+0.4%

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

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

$1,076,304

Total Directors

$1,076,304

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE LAWSON	PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
STEPHEN D MAISLIN	TREASURER/DIRECTOR	0.50	Officer Director	$0	$53,774	$791,256
JENNIFER TOUCHET	SECRETARY/DIRECTOR	0.50	Officer Director	$0	$45,002	$285,048

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	$5,837,065	$26,867,486	$231,135,688	$-21,030,421
2023	$7,907,153	$22,419,740	$230,999,455	$-14,512,587
2022	$220,378,385	$186,007	$218,428,809	$220,192,378

WOODNEXT PHILANTHROPIES