WORLD JOY INC

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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

2005

Legal Domicile

Principal Officer

ISAAC C FERGUSON

Phone

8015293123

Tax Period

2018-01-01 to 2018-12-31

WORLD JOY INC, founded in 2005, is a small nonprofit that reported $290K in total revenue in fiscal year 2018. The organization ran a surplus of $76K, a strong 26% operating margin.

Mission

The organization exists to provide a new world of joy for children and families in the Atiwa District of Ghana through education and health, while edifying each child through the transformation of villages.

Program Service Accomplishments

Program 1

Expenses: $193,016

Health Program - Continual education and maintenance of Health Clinics in the Atiwa district of Ghana. Construction of a health clinics in the Atiwa district.

Program 2

Expenses: $5,117

Education Program - Construction of Schools and repairs to existing learning centers in the Atiwa district of Ghana.

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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 (2018)

Revenue Breakdown

Contributions & Grants $291,826

Program Service Revenue $0

Investment Income $12

Other Revenue $-1,718

TOTAL REVENUE $290,120

Expense Breakdown

Grants Paid $135,535

Salaries & Benefits $17,507

Fundraising Expenses $875

Program Expenses $198,133

Other Expenses $61,276

TOTAL EXPENSES $214,318

Year-over-Year Comparison

	2018	2017	Change
Revenue	$290,120	$284,689	+0.0%
Expenses	$214,318	$210,317	+0.0%
Net Income	$75,802	$74,372	+0.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ISAAC C FERGUSON	Chairman	4.00	Officer Director	$0	$0	$0
TIM FARNES	Trustee	0.20	Director	$0	$0	$0
DEREK FARNES GASSER	Trustee	0.20	Director	$0	$0	$0
WENDY HYDE	Trustee	0.20	Director	$0	$0	$0
CURTIS OSCARSON	Vice Chairman	0.20	Officer Director	$0	$0	$0
TAYLOR VANCE	Treasurer	0.20	Officer Director	$0	$0	$0
BILL LOW JR	Trustee	0.20	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
2018	$290,120	$214,318	$291,997	$75,802