WELLS ACADEMY INC (EIN 203579589) - 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

2005

Legal Domicile

Principal Officer

ANDY WELLS

Phone

2187515117

Tax Period

2023-01-01 to 2023-12-31

WELLS ACADEMY INC, founded in 2005, is a small nonprofit in the Employment sector that reported $102K in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $178K exceeded revenue, resulting in a 75% operating deficit.

Mission

WELLS ACADEMY IS A NON-PROFIT APPRENTICE TRAINING PROGRAM THAT USES MODERN EQUIPMENT, EFFECTIVE INSTRUCTION, AND REVELANT CURRICULUM TO PROVIDE TECHNICAL KNOWLEDGE AND RESPONSIBLE LIFE SKILLS FOR SELF-SUPPORTING INDUSTRIAL JOBS FOR ECONOMICALLY DISADVANTAGED NATIVE AMERICANS WHILE RESPECTING THEIR CULTURAL VALUES.

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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 $81,511

Program Service Revenue $0

Investment Income $0

Other Revenue $20,475

TOTAL REVENUE $101,986

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $170,961

Other Expenses $178,448

TOTAL EXPENSES $178,448

Year-over-Year Comparison

	2023	2022	Change
Revenue	$101,986	$81,875	+0.2%
Expenses	$178,448	$150,700	+0.2%
Net Income	$-76,462	$-68,825	+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
ANDREW J WELLS III	EXECUTIVE DIRECTOR - CHAIR	5.00	Officer Director	$0	$0	$0
DONNALEE PAPENFUSS	DIRECTOR	1.00	Officer Director	$0	$0	$0
PAUL WELLE	DIRECTOR	1.00	Director	$0	$0	$0
TERRY BROWN	DIRECTOR - VICE CHAIR	1.00	Director	$0	$0	$0
ANNETTE JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT AITKEN	DIRECTOR - TREASURER	1.00	Director	$0	$0	$0
FRED MADSEN	DIRECTOR	1.00	Director	$0	$0	$0
KRISTI WELLS-SAIGER	SECRETARY	1.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$101,986	$178,448	$48,694	$-76,462
2022	$81,875	$150,700	$125,156	$-68,825
2021	$121,776	$149,732	$193,981	$-27,956
2020	$70,391	$38,825	$221,937	$31,566
2019	$80,884	$117,261	$190,371	$-36,377
2018	$277,482	$102,491	$226,748	$174,991

WELLS ACADEMY INC