Wise Health Foundation (EIN 043625680) - 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

Phone

9046275921

Tax Period

2023-01-01 to 2023-11-30

Wise Health Foundation, founded in 2001, is a small nonprofit in the Health Care sector that reported $400K in total revenue in fiscal year 2023. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 399% operating deficit.

Mission

TO ORGANIZE AND OPERATE FOR THE SUPPORT AND BENEFIT OF WISE HEALTH SYSTEM BY SOLICITING, RECEIVING, ACKNOWLEDGING, AND DISBURSING GIFTS TO THE SYSTEM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $318,540

Program Service Revenue $0

Investment Income $60,710

Other Revenue $20,617

TOTAL REVENUE $399,867

Expense Breakdown

Grants Paid $1,973,677

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,973,677

Other Expenses $22,087

TOTAL EXPENSES $1,995,764

Year-over-Year Comparison

	2023	2022	Change
Revenue	$399,867	$637,048	-0.4%
Expenses	$1,995,764	$487,529	+3.1%
Net Income	$-1,595,897	$149,519	-11.7%

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

N/A

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

$2,044,249

Total Directors

$1,925,439

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Chairman	0.5	Officer Director	$0	$0	$0
N/A	Vice Chair	0.3	Officer Director	$0	$0	$0
N/A	Officer At Large	0.5	Officer Director	$0	$0	$0
N/A	CEO of System	0.5	Officer Director	$0	$134,823	$1,306,939
N/A	Secretary	0.3	Officer Director	$0	$0	$0
N/A	Treasurer/CFO of System	0.5	Officer Director	$0	$74,534	$618,500
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Director	0.3	Director	$0	$0	$0
N/A	Foundation Director	40.0	Officer	$0	$17,723	$118,810

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
2023	$399,867	$1,995,764	No data	$-1,595,897
2022	$637,048	$487,529	$1,624,866	$149,519
2021	$425,251	$346,256	$1,507,587	$78,995
2020	$207,268	$95,537	$1,448,378	$111,731
2019	$1,114,121	$243,178	$1,343,302	$870,943
2018	$172,271	$283,479	$470,917	$-111,208

Wise Health Foundation