WITHERSPOON COURT INC (EIN 931147575) - 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

1994

Legal Domicile

Phone

5419424479

Tax Period

2024-01-01 to 2024-12-31

WITHERSPOON COURT INC, founded in 1994, is a small nonprofit that reported $132K in total revenue in fiscal year 2024. Expenses of $122K left a modest 8% surplus.

Mission

WITHERSPOON COURT, INC.IS A NON-PROFIT PUBLIC BENEFIT CORPORATION FORMED TO DEVELOP LOW-INCOME RENTAL APARTMENTS IN COTTAGE GROVE, OREGON. CONSTRUCTION OF WITHERSPOON COURT APARTMENTS, A 20-UNIT AFFORDABLE HOUSING COMPLEX, WAS COMPLETED IN 1997 AND HAS BEEN FULLY OCCUPIED BY QUALIFIED RESIDENTS SINCE COMPLETION. WITHERSPOON COURT, INC IS THE 100% OWNER OF 1390 PENNOYER AVENUE LLC WHICH OWNS AND OPERATES THE RENTAL APARTMENTS.

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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 $124,226

Investment Income $7,848

Other Revenue $0

TOTAL REVENUE $132,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,339

Fundraising Expenses $0

Program Expenses $121,946

Other Expenses $89,607

TOTAL EXPENSES $121,946

Year-over-Year Comparison

	2024	2023	Change
Revenue	$132,074	$128,857	+0.0%
Expenses	$121,946	$150,259	-0.2%
Net Income	$10,128	$-21,402	-1.5%

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

N/A

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
KAREN HILL	Director	1.00	Officer	$0	$0	$0
DOUGLAS LUND	Director	1.00	Officer	$0	$0	$0
JIM GANT	President	1.00	Officer	$0	$0	$0
BRUCE KELSH	Treasurer	1.00	Officer	$0	$0	$0
BARBARA GANT	Secretary	1.00	Officer	$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	$132,074	$121,946	$357,176	$10,128
2023	$128,857	$150,259	$343,863	$-21,402
2022	$133,513	$131,441	$365,536	$2,072
2021	$97,264	$142,304	$363,382	$-45,040
2020	$107,172	$152,980	$418,502	$-45,808
2019	$123,776	$127,248	$454,300	$-3,472
2018	$-15,708	$1,350	$455,764	$-17,058
2017	$-14,302	$1,308	$499,098	$-15,610

WITHERSPOON COURT INC