IDA B WELLS INC (EIN 061617832) - 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

PATRICIA TYSON

Phone

8605494877

Tax Period

2022-08-01 to 2023-07-31

IDA B WELLS INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $469K in total revenue in fiscal year 2022. Expenses of $605K exceeded revenue, resulting in a 29% operating deficit.

Mission

TO PROVIDE LOW INCOME HOUSING.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $469,299

Investment Income $22

Other Revenue $0

TOTAL REVENUE $469,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,198

Fundraising Expenses $0

Program Expenses $495,186

Other Expenses $547,784

TOTAL EXPENSES $604,982

Year-over-Year Comparison

	2022	2021	Change
Revenue	$469,321	$451,582	+0.0%
Expenses	$604,982	$602,232	+0.0%
Net Income	$-135,661	$-150,650	-0.1%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZACHARY MULLENS	PRESIDENT	2.00	Officer Director	$0	$0	$0
WINIFRED PHILLIPS	DIRECTOR	2.00	Director	$0	$0	$0
REV VERNON MATTHEWS	DIRECTOR	2.00	Director	$0	$0	$0
GWENDOLYN CARTY	DIRECTOR	2.00	Director	$0	$0	$0
TANIQUA HUGULEY	DIRECTOR	2.00	Director	$0	$0	$0
LUVERNE MOTT	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA DIGGS	SECRETARY	2.00	Officer Director	$0	$0	$0
PATRICIA TYSON	DIRECTOR	2.00	Director	$0	$0	$0
DEBORAH CALLIS	DIRECTOR	2.00	Director	$0	$0	$0
EMILY WOLFE	VP	2.00	Officer	$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
2023	$469,321	$604,982	$2,866,800	$-135,661
2022	$451,582	$602,232	$2,923,643	$-150,650
2021	$433,163	$567,709	$3,047,162	$-134,546
2020	$423,575	$570,039	$3,143,373	$-146,464
2019	$420,989	$570,936	$3,234,234	$-149,947

IDA B WELLS INC