WEASCEND CORPORATION (EIN 208188786) - 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

2007

Legal Domicile

Principal Officer

John Lyman

Phone

2022485420

Tax Period

2023-01-01 to 2023-12-31

WEASCEND CORPORATION, founded in 2007, is a small nonprofit in the Human Services sector that reported $353K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $437K exceeded revenue, resulting in a 24% operating deficit.

Mission

Ascend seeks to improve the health and future prospects for American children and families. Specifically, Ascend is committed to creating a national environment in which abstinence-centered education is provided to students, thereby reducing teen pregnancies, STD's, and harmful emotional consequences.

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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 $164,553

Program Service Revenue $180,812

Investment Income $7,886

Other Revenue $0

TOTAL REVENUE $353,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $336,712

Fundraising Expenses $61,305

Program Expenses $340,355

Other Expenses $99,852

TOTAL EXPENSES $436,564

Year-over-Year Comparison

	2023	2022	Change
Revenue	$353,251	$458,419	-0.2%
Expenses	$436,564	$397,504	+0.1%
Net Income	$-83,313	$60,915	-2.4%

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

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

$126,000

Total Directors

$94,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mary Anne Mosack	CEO/President	38	Officer Director	$90,000	$0	$90,000
John Lyman	CFO	10	Officer	$36,000	$0	$36,000
Thelma Motin	Board Member and Trainer	5	Director	$4,500	$0	$4,500
Dan Bailey	Board memeber	2	Director	$0	$0	$0
Peggy Cowan	Board Member	5	Director	$0	$0	$0
Bruce Cook	Board Member	1	Director	$0	$0	$0
Joneen Mackenzie	Board Member	1	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	$353,251	$436,564	$374,830	$-83,313
2022	$458,419	$397,504	$446,287	$60,915
2021	$486,959	$429,342	$392,896	$57,617
2020	$430,878	$394,776	$292,020	$36,102
2019	$415,528	$353,159	$220,592	$62,369
2018	$195,284	$290,761	$154,241	$-95,477

WEASCEND CORPORATION