WELLS MOUNTAIN INITIATIVE INC (EIN 203823604) - 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

THOMAS M WELLS

Phone

8024534065

Tax Period

2024-01-01 to 2024-12-31

WELLS MOUNTAIN INITIATIVE INC, founded in 2005, is a small nonprofit in the International Affairs sector that reported $957K in total revenue in fiscal year 2024. Expenses of $1.1M exceeded revenue, resulting in a 15% operating deficit.

Mission

TO CREATE SOCIAL CHANGE THROUGH EDUCATION AND COMMUNITY BUILDING BY PROVIDING BRIGHT YOUNG PEOPLE IN THE DEVELOPING WORLD WITH STUDENT SCHOLARSHIPS AND SKILLS TRAINING, BUILDING A NETWORK OF GRASSROOTS LEADERS WHO ARE CATALYZING COMMUNITY TRANSFORMATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $865,044

Program Service Revenue $0

Investment Income $91,774

Other Revenue $0

TOTAL REVENUE $956,818

Expense Breakdown

Grants Paid $468,961

Salaries & Benefits $479,693

Fundraising Expenses $186,270

Program Expenses $724,189

Other Expenses $149,303

TOTAL EXPENSES $1,097,957

Year-over-Year Comparison

	2024	2023	Change
Revenue	$956,818	$958,653	0.0%
Expenses	$1,097,957	$1,186,832	-0.1%
Net Income	$-141,139	$-228,179	-0.4%

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

Volunteers

146

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

$282,870

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS M WELLS	CHAIRMAN	4.00	Officer Director	$0	$0	$0
MARGARET RUSH	DIRECTOR	1.00	Director	$0	$0	$0
AFOLOBI OGUNNAIKE	DIRECTOR	1.00	Director	$0	$0	$0
PAUL JERUCHIMOWITZ	DIRECTOR	1.00	Director	$0	$0	$0
RICK CLAYDON	DIRECTOR	1.00	Director	$0	$0	$0
GAIL NYSTROM	DIRECTOR	1.00	Director	$0	$0	$0
JAG DALAL	DIRECTOR	1.00	Director	$0	$0	$0
DIDIER BLESIN	DIRECTOR	1.00	Director	$0	$0	$0
KENNETH FORESTER	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER LUTZ	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT DILL	DIRECTOR	1.00	Director	$0	$0	$0
GWENAEL APOLLON	DIRECTOR	1.00	Director	$0	$0	$0
MARY CLARK ROMNEY	SECRETARY	1.00	Officer Director	$0	$0	$0
RICK KUSHEL	TREASURER	1.00	Officer Director	$0	$0	$0
NICOLE BAKER	EXECUTIVE DIRECTOR - CURRENT	40.00	Officer	$106,258	$8,404	$114,662
LISA MEADOWCROFT	EXECUTIVE DIRECTOR UNTIL OCTOBER 2024	40.00	Officer	$148,374	$19,834	$168,208

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	$956,818	$1,097,957	$2,069,417	$-141,139
2023	$958,653	$1,186,832	$2,102,460	$-228,179
2022	$84,182	$1,008,065	$2,143,910	$-923,883
2021	$541,087	$849,467	$3,066,989	$-308,380
2020	$2,616,738	$846,623	$3,412,384	$1,770,115
2019	$765,635	$655,848	$1,605,271	$109,787

WELLS MOUNTAIN INITIATIVE INC