WOODLAND APARTMENTS PRESERVATION INC (EIN 931216593) - 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

1996

Legal Domicile

Principal Officer

MICHELLE MARTIN

Phone

5417564111

Tax Period

2023-07-01 to 2024-06-30

WOODLAND APARTMENTS PRESERVATION INC, founded in 1996, is a small nonprofit in the Housing & Shelter sector that reported $692K in total revenue in fiscal year 2023. Expenses of $766K exceeded revenue, resulting in a 11% operating deficit.

Mission

PROVIDING LOW INCOME HOUSING

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $690,630

Investment Income $957

Other Revenue $0

TOTAL REVENUE $691,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $125,313

Fundraising Expenses $0

Program Expenses $662,765

Other Expenses $640,198

TOTAL EXPENSES $765,511

Year-over-Year Comparison

	2023	2022	Change
Revenue	$691,587	$662,487	+0.0%
Expenses	$765,511	$662,921	+0.2%
Net Income	$-73,924	$-434	+169.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE MARTIN	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHARLES CRAIG	DIRECTOR	2.00	Director	$0	$0	$0
CANDY JACOBS	VICE PRESIDENT	2.00	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
2025	No data	No data	No data	No data
2024	$691,587	$765,511	$1,280,047	$-73,924
2023	$662,487	$662,921	$1,326,063	$-434
2022	$579,023	$645,876	$1,397,964	$-66,853
2021	$585,442	$615,573	$1,501,515	$-30,131
2020	$643,783	$645,216	$1,510,639	$-1,433
2019	$731,577	$644,360	$1,482,497	$87,217
2018	$553,709	$656,204	$1,460,971	$-102,495

WOODLAND APARTMENTS PRESERVATION INC