WLC MANAGEMENT COMPANY INC

EIN: 043333863 501(c)(3) Community Improvement

QUINCY, MA

Total Revenue
$681,034
Total Expenses
$681,557
Total Assets
$1,243,685
Net Assets
$1,219,450
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
MA
Principal Officer
TIMOTHY WISMAR
Phone
6174790248
Tax Period
2023-01-01 to 2023-12-31

WLC MANAGEMENT COMPANY INC, founded in 1996, is a small nonprofit in the Community Improvement sector that reported $681K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

SERVE AND SUPPORT NON-PROFIT ORGANIZATIONS THROUGH THE PROVISION OF MANAGEMENT AND OTHER SERVICES.

Program Service Accomplishments

Program 1
Expenses: $336,724 Revenue: $674,962

THE ORGANIZATION COORDINATES AND PROVIDES SOCIAL SERVICES AND MANAGEMENT SERVICES INCLUDING BUDGETING, CONTRACTING, NEGOTIATIONS, AND COMPLIANCE WITH OVERSIGHT AGENCY REGULATIONS TO TWO NON-PROFIT...

Read more

THE ORGANIZATION COORDINATES AND PROVIDES SOCIAL SERVICES AND MANAGEMENT SERVICES INCLUDING BUDGETING, CONTRACTING, NEGOTIATIONS, AND COMPLIANCE WITH OVERSIGHT AGENCY REGULATIONS TO TWO NON-PROFIT HUD REGULATED PROJECTS WITH OVER 400 LOW-INCOME ELDERLY AND HANDICAPPED INDIVIDUALS, A NON-PROFIT PRESCHOOL SERVING OVER 100 CHILDREN DAILY, AND A NON-PROFIT COMMUNITY AGENCY PROVIDING SOCIAL AND CULTURAL ACTIVITIES SERVING HUNDREDS OF AREA RESIDENTS. THE ORGANIZATION ALSO PROVIDED CASH SUPPORT TO 3 NON-PROFIT ENTITIES WHICH SERVE THE SOUTH SHORE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $674,962
Investment Income $6,072
Other Revenue $0
TOTAL REVENUE $681,034

Expense Breakdown

Grants Paid $6,175
Salaries & Benefits $634,765
Fundraising Expenses $0
Program Expenses $336,724
Other Expenses $40,617
TOTAL EXPENSES $681,557

Year-over-Year Comparison

2023 2022 Change
Revenue $681,034 $974,567 -0.3%
Expenses $681,557 $572,222 +0.2%
Net Income $-523 $402,345 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
7
Employees
5
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
3
$351,080
Total Directors
10
$351,080
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIMOTHY WISMAR PRESIDENT/TR 8.00
Officer Director
$88,840 $55,732 $246,946
STEVE LAW DIRECTOR/VIC 20.00
Officer Director
$89,628 $14,506 $104,134
MARCIA BAILEY DIRECTOR 0.50
Director
$0 $0 $0
REV LESLEY CHEN DIRECTOR 0.50
Director
$0 $0 $0
REV JAMES KIMMELL DIRECTOR 0.50
Director
$0 $0 $0
REV RICHARD LAW DIRECTOR 0.50
Director
$0 $0 $0
KOMBORERO SHOKO DIRECTOR 0.50
Director
$0 $0 $0
LOLA TOM DIRECTOR/ SE 0.50
Officer Director
$0 $0 $0
BARBARA WISMAR DIRECTOR 0.50
Director
$0 $0 $0
REV ADOLPH WISMAR DIRECTOR 0.50
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 No data No data No data No data
2023 $681,034 $681,557 $1,243,685 $-523
2022 $574,723 $572,222 $852,431 $2,501
2022 $974,567 $572,222 $1,252,275 $402,345
2021 $626,121 $601,263 $835,990 $24,858
2020 $802,244 $1,012,727 $1,367,925 $-210,483
2019 $483,438 $465,300 $1,183,297 $18,138
2018 $518,696 $459,695 $1,007,754 $59,001
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WLC MANAGEMENT COMPANY INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.