WORLD TECHNOLOGY EVALUATION CENTER… - Form 990 Financial Data

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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

2000

Legal Domicile

Principal Officer

PATRICIA FOLAND

Phone

7172997130

Tax Period

2018-01-01 to 2018-12-31

WORLD TECHNOLOGY EVALUATION CENTER INC, founded in 2000, is a micro nonprofit that reported $41K in total revenue in fiscal year 2018. Revenue fell 97% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $15K, a strong 37% operating margin.

Mission

WTEC PROVIDES SCIENTIFIC AND TECHNICAL RESEARCH FOR FEDERAL GOVERNMENT CLIENTS.

Program Service Accomplishments

Program 1

Expenses: $530

THE WORLD TECHNOLOGY EVALUATION CENTER, INC. CONDUCTS INTERNATIONAL TECHNOLOGY ASSESSMENTS VIA EXPERT REVIEW. WTEC ALSO ORGANIZES WORKSHOPS FOR FEDERAL CLIENTS, THE PROCEEDINGS AND FULL TEXT OF ALL...

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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 (2018)

Revenue Breakdown

Contributions & Grants $25,000

Program Service Revenue $0

Investment Income $14

Other Revenue $16,079

TOTAL REVENUE $41,093

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,804

Fundraising Expenses $0

Program Expenses $530

Other Expenses $17,279

TOTAL EXPENSES $26,083

Year-over-Year Comparison

	2018	2017	Change
Revenue	$41,093	$1,422,658	-1.0%
Expenses	$26,083	$1,425,463	-1.0%
Net Income	$15,010	$-2,805	-6.4%

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

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
PATRICIA FOLAND	PRESIDENT	2.00	Officer Director	$0	$0	$0
THOMAS G CLEAVER	SECRETARY	2.00	Officer Director	$0	$0	$0
ROBERT D SHELTON	BOARD MEMBER	2.00	Director	$0	$0	$0
FRANK HUBAND	BOARD MEMBER	2.00	Director	$0	$0	$0
ART RIEHL	BOARD MEMBER	2.00	Director	$0	$0	$0
DE SHELTON	EX-BOARD MEM	2.00	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
2018	$41,093	$26,083	$16,064	$15,010

WORLD TECHNOLOGY EVALUATION CENTER INC