WELLSBORO COMMUNITY FOUNDATION (EIN 202680321) - 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

2004

Legal Domicile

Principal Officer

GLENN POIRIER

Tax Period

2023-01-01 to 2023-12-31

WELLSBORO COMMUNITY FOUNDATION, founded in 2004, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $510K in total revenue in fiscal year 2023. Revenue surged 61% from the prior year, signaling strong growth momentum. Expenses of $472K left a modest 7% surplus.

Mission

TO ENHANCE THE QUALITY OF LIFE IN THE WELLSBORO SCHOOL DISTRICT THROUGH PHILANTHROPY, CHRITABLE DISTRIBUTIONS, AND SCHOLARSHIPS

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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 $415,889

Program Service Revenue $0

Investment Income $94,345

Other Revenue $0

TOTAL REVENUE $510,234

Expense Breakdown

Grants Paid $442,239

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $442,239

Other Expenses $29,763

TOTAL EXPENSES $472,002

Year-over-Year Comparison

	2023	2022	Change
Revenue	$510,234	$317,649	+0.6%
Expenses	$472,002	$328,729	+0.4%
Net Income	$38,232	$-11,080	-4.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA ABPLANALP	SECRETARY	5.00	Officer Director	$0	$0	$0
MARSHA CHESKO	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN GRAVER	TREASURER	5.00	Officer Director	$0	$0	$0
BRIAN KENNEDY	DIRECTOR	2.00	Director	$0	$0	$0
FERLIN PATRICK	DIRECTOR	2.00	Director	$0	$0	$0
GLENN POIRIER	PRESIDENT	5.00	Officer Director	$0	$0	$0
MATTHEW RENDOS	VICE PRESIDE	5.00	Officer 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	$510,234	$472,002	$2,440,319	$38,232
2022	$317,649	$328,729	$2,402,087	$-11,080
2021	$244,041	$187,134	$2,413,167	$56,907
2020	$365,457	$335,488	$2,356,260	$29,969
2019	$2,258,988	$406,101	$2,326,291	$1,852,887
2018	$140,311	$79,357	$473,404	$60,954

WELLSBORO COMMUNITY FOUNDATION