WEALTH WATCHERS INC (EIN 010638984) - 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

2001

Legal Domicile

Principal Officer

CARRIE DAVIS

Phone

9042654736

Tax Period

2024-01-01 to 2024-12-31

WEALTH WATCHERS INC, founded in 2001, is a mid-sized nonprofit in the Housing & Shelter sector that reported $23.5M in total revenue in fiscal year 2024. Revenue surged 93% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF WEALTH WATCHERS INC. IS TO BUILD VIABLE COMMUNITIES BY EXPANDING THE EDUCATION AND KNOWLEDGE OF INDIVIDUALS, FAMILIES, AND COMMUNITIES FOR THE PURPOSE OF UNDERSTANDING AND APPLYING ESSENTIAL FINANCIAL STRATEGIES THAT LEADS TO THE ACCUMULATION OF GENERATIONAL WEALTH.

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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 (2024)

Revenue Breakdown

Contributions & Grants $22,970,245

Program Service Revenue $519,311

Investment Income $27,417

Other Revenue $0

TOTAL REVENUE $23,516,973

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,205,104

Fundraising Expenses $70,249

Program Expenses $23,095,793

Other Expenses $22,229,147

TOTAL EXPENSES $23,434,251

Year-over-Year Comparison

	2024	2023	Change
Revenue	$23,516,973	$12,179,604	+0.9%
Expenses	$23,434,251	$7,181,715	+2.3%
Net Income	$82,722	$4,997,889	-1.0%

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

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

$383,320

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE DAVIS	PRESIDENT/CE	40.00	Officer	$112,800	$27,536	$140,336
EDWARD GATSON	COO	40.00	Officer	$98,821	$28,449	$127,270
ALYCE DENSON	CFO	40.00	Officer	$89,479	$26,235	$115,714
JACQUELINE GRAY	MEMBER	0.25	Director	$0	$0	$0
HARVEY HARPER	MEMBER	0.25	Director	$0	$0	$0
ANDRE HIGGINS	BOARD TREASU	1.00	Director	$0	$0	$0
LARRY RILEY	MEMBER	0.25	Director	$0	$0	$0
BOBBI WARFORD	SECRETARY	1.00	Director	$0	$0	$0
COLEY WILLIAMS	PRESIDENT	1.00	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
2024	$23,516,973	$23,434,251	$13,934,525	$82,722
2023	$12,179,604	$7,181,715	$12,797,221	$4,997,889
2022	$1,406,948	$1,598,976	$7,150,776	$-192,028
2021	$3,090,590	$3,033,124	$7,029,252	$57,466
2020	$1,309,914	$1,292,517	$6,874,300	$17,397
2019	$1,276,241	$1,123,857	$6,593,427	$152,384

WEALTH WATCHERS INC