Waltham Properties Inc
Nonprofit profile at a glance
- EIN
- 043520825
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Milford, MA, USA
- Phone
- 5084785597
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $76,144
- Expenses
- $81,614
- Assets
- $199,676
- Liabilities
- $187,433
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- DR ROBERT F LITTLETON JR (PRESIDENT/TREASURER/CLERK/)
- JAN HORVATH (VICE PRESIDENT/DIRECTOR)
- DR ROBERT BARTRO (VICE PRESIDENT/DIRECTOR)
People named in this filing
- DR ROBERT F LITTLETON JR (PRESIDENT/TREASURER/CLERK/)
- JAN HORVATH (VICE PRESIDENT/DIRECTOR)
- DR ROBERT BARTRO (VICE PRESIDENT/DIRECTOR)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide elderly, disabled and/or handicapped persons of low-income with facilities and services specially designed to meet their needs.
What it reported doing in 2024
Provide elderly, disabled and/or handicapped persons of low-income with facilities and services specially designed to meet their needs. 3 clients during the fiscal year.
Operating model
- Revenue model
- Donor-supported. 89% of the money available for current operations came from contributions and gifts.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 100
- Sustainability: 44
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.1%; rating input score 71
- Program expense ratio: 66.4%; rating input score 66
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -7.2%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 2.45; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.94; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 0.1% per year; rating input score 100; 49th percentile among comparable filings
- Revenue growth: 4.2% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: -4.5% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 71.1% of revenue deployed · 66.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.