WORK HOUSING CORPORATION (EIN 900609374) - 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

2010

Legal Domicile

Principal Officer

ERIC SILBERZWEIG

Phone

6176911515

Tax Period

2023-07-01 to 2024-06-30

WORK HOUSING CORPORATION, founded in 2010, is a micro nonprofit in the Housing & Shelter sector that reported $63K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $85K exceeded revenue, resulting in a 36% operating deficit.

Mission

LOW INCOME HOUSING

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $62,704

Investment Income $227

Other Revenue $0

TOTAL REVENUE $62,931

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $58,340

Other Expenses $85,367

TOTAL EXPENSES $85,367

Year-over-Year Comparison

	2023	2022	Change
Revenue	$62,931	$44,713	+0.4%
Expenses	$85,367	$79,566	+0.1%
Net Income	$-22,436	$-34,853	-0.4%

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

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

$795,288

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMES CASSETTA	PRESIDENT	0.30	Officer	$0	$28,956	$564,962
ERIC SILBERZWEIG	SENIOR VICE PRESIDENT & CFO	0.30	Officer	$0	$10,326	$230,326
JAMES R FLANAGAN	CHAIRMAN	0.30	Officer Director	$0	$0	$0
PHILIP J CARVER	TREASURER	0.30	Officer Director	$0	$0	$0
MARY LOU DRISCOLL	CLERK	0.30	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
2025	No data	No data	No data	No data
2024	$62,931	$85,367	$1,220,207	$-22,436
2023	$44,713	$79,566	$1,206,154	$-34,853
2022	$54,581	$75,241	$1,210,886	$-20,660
2021	$53,654	$79,507	$1,206,239	$-25,853
2020	$52,737	$72,506	$1,199,923	$-19,769
2019	$45,030	$67,816	$1,192,860	$-22,786

WORK HOUSING CORPORATION