Walden of Trenton Inc

Nonprofit profile at a glance

EIN: 431099933
IRS 990-EZ coverage: 2017–2020
Forms available: Form 990 2018, Form 990-EZ 2020
Location: King City, MO, USA
Phone: 6605354305
Rating: 88
Verdict: STRONG
Rating confidence: Moderate
Sector: Housing Development, Construction, Management

Reported finances

Revenue: $128,863
Expenses: $137,653
Assets: $74,089
Liabilities: $134,980

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

JOHN HOLCOMB (PRESIDENT)

People named in this filing

JOHN HOLCOMB (PRESIDENT)
STEVE MAXEY (SECRETARY)
LINDA HARKINS (TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the general social welfare of the community and for the purpose to operate rental housing suited to the special needs and living requirments of elibigle occupants as determined by the usda rd regulations without regard to race, color,

What it reported doing in 2020

To promote the general social welfare of the community and for thepurpose to operate rental housing suited to the special needs andliving requirements of eligible occupants as determined by the usda rd

Operating model

Revenue model: Earned-program. 97% of the money available for current operations came from fees and other program revenue.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and assets have declined or grown slowly.

Rating breakdown

Financial Efficiency: 100
Transparency & Controls: 82
Sustainability: 25
Growth: 80

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 100%; rating input score 100
Program expense ratio: 100%; rating input score 100

Transparency & Controls

Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: -6.8%; rating input score 15; 15th percentile among comparable filings
Total-asset coverage ratio: 0.54; rating input score 32; 32nd percentile among comparable filings
Liabilities to assets ratio: 1.82; rating input score 3; 3rd percentile among comparable filings
Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings

Growth

Program expense growth: 7.3% per year; rating input score 100; 61st percentile among comparable filings
Revenue growth: 5.3% per year; rating input score 100; 56th percentile among comparable filings
Asset growth: -20% per year; rating input score 0; 4th percentile among comparable filings

Details

Where the money goes: 100% of revenue deployed · 100% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $138K in reported program spending
Leadership: top reported pay $0 · 4 people listed
Consistency: 7 of 7 current checks pass
Schedules: 1 filed schedules
Filing history: 3 filing years from 2017 to 2020
Contacts: How to reach this organization
Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

High — Sustainability: Operating margin scored 15/100.
High — Growth: Asset growth scored 0/100.
Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
High — Sustainability: Liabilities to assets ratio scored 3/100.