WASHBURN HOUSING CORPORATION (EIN 943129468) - 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

1995

Legal Domicile

Principal Officer

ANNE QUAINTANCE

Phone

4158647833

Tax Period

2023-07-01 to 2024-06-30

WASHBURN HOUSING CORPORATION, founded in 1995, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 64% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE LOW-INCOME HOUSING TO MENTALLY ILL AND HOMELESS CLIENTS

🔒

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 $983,912

Program Service Revenue $40,758

Investment Income $13

Other Revenue $33,626

TOTAL REVENUE $1,058,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,104,657

Other Expenses $1,126,553

TOTAL EXPENSES $1,126,553

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,058,309	$644,210	+0.6%
Expenses	$1,126,553	$767,118	+0.5%
Net Income	$-68,244	$-122,908	-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

$245,450

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THEO HAUGEN	CHAIR	0.10	Officer Director	$0	$0	$0
SABA REHMANI	VICE CHAIR	0.10	Officer Director	$0	$0	$0
BEN MOERMAN	SECRETARY	0.10	Officer Director	$0	$0	$0
EDDIE RODRIGUEZ	TREASURER	0.10	Officer Director	$0	$0	$0
SEVE GHOSE	BOARD MEMBER (AS OF 11/23)	0.10	Director	$0	$0	$0
ALI RAHEEM	BOARD MEMBER	0.10	Director	$0	$0	$0
SAVITA RAINA	BOARD MEMBER	0.10	Director	$0	$0	$0
GLEN SEGAL	BOARD MEMBER	0.10	Director	$0	$0	$0
DAYTON THORPE	BOARD MEMBER	0.10	Director	$0	$0	$0
WENDY YU	BOARD MEMBER	0.10	Director	$0	$0	$0
ANNE QUAINTANCE	EXECUTIVE DIRECTOR/CEO	1.00	Officer	$0	$6,443	$245,450

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	$1,058,309	$1,126,553	$755,449	$-68,244
2023	$644,210	$767,118	$895,320	$-122,908
2022	$653,850	$654,556	$832,868	$-706
2021	$567,865	$619,603	$798,944	$-51,738
2020	$542,880	$541,327	$832,700	$1,553
2019	$653,995	$540,963	$793,684	$113,032
2018	$559,192	$559,216	$590,389	$-24

WASHBURN HOUSING CORPORATION