L โ€” Housing & ShelterEIN: 223358726ยท Ruling Year: 2013

Second Westfield Senior Citizens Housing Corporation

Westfield, New Jersey

FHealth Score
22F

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Critical

๐Ÿ’ฐ
$1.5M
Total Revenue
๐Ÿ“Š
$1.6M
Total Expenses
๐Ÿฆ
-$3.0M
Net Assets
๐Ÿ“‹
$8.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-5.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
-1.81
Net assets divided by total expenses
Liabilities-to-Assets
149.6%
Total liabilities as % of total assets

Filing History

16 filings on record
YearRevenueExpensesAssets
2023$1,549,814โ†‘4%$1,627,268โ†“17%$5,948,630โ†‘32%
2022$1,488,141โ†“8%$1,955,706โ†‘2%$4,498,011โ†“9%
2021$1,611,856โ†‘5%$1,913,130โ†‘7%$4,951,370โ†“6%
2020$1,532,873โ†“2%$1,794,289โ†“4%$5,284,960โ†“2%
2019$1,557,731$1,860,120โ†‘3%$5,370,957โ†“3%
2018$1,556,349โ†‘4%$1,798,471โ†‘6%$5,556,077โ†“2%
2017$1,492,930โ†‘4%$1,696,531โ†“1%$5,695,055โ†“3%
2016$1,435,451โ†“3%$1,709,543$5,852,171โ†“3%
2015$1,486,584โ†‘3%$1,716,469$6,031,097โ†“2%
2014$1,445,221โ†‘1%$1,708,009โ†‘3%$6,153,085โ†“1%
2013$1,434,039โ†‘1%$1,656,255โ†‘16%$6,241,347โ†‘1%
2012$1,417,657โ†‘211%$1,426,261โ†‘185%$6,183,808โ†“2%
2011$455,673โ†‘32509%$500,416$6,298,739โ†‘4918%
2010-$1,406โ†‘93%$0-$130,732โ†“1%
2009-$21,229โ†‘62%$0-$129,326โ†“20%
2008-$55,777$0-$108,097

Frequently Asked Questions

What does Second Westfield Senior Citizens Housing Corporation do?โ–ผ

Second Westfield Senior Citizens Housing Corporation is a housing & shelter nonprofit organization based in New Jersey. It is classified under NTEE code L22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Second Westfield Senior Citizens Housing Corporation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Second Westfield Senior Citizens Housing Corporation has a score of 22/100 (Grade: F). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Second Westfield Senior Citizens Housing Corporation generate?โ–ผ

Second Westfield Senior Citizens Housing Corporation reports $8.4M in annual revenue and holds $4.7M in total assets, based on IRS filings.

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Second Westfield Senior Citizens Housing Corporation โ€” Westfield, NJ | GiveScope