WESTERN RESERVE HERB SOCIETY (EIN 237003228) - 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

1968

Legal Domicile

Principal Officer

JUDY RICCI

Phone

2163876646

Tax Period

2024-01-01 to 2024-12-31

WESTERN RESERVE HERB SOCIETY, founded in 1968, is a micro nonprofit in the Environment sector that reported $96K in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $18K, a strong 19% operating margin.

Mission

WRHS IS A NON-PROFIT ORGANIZATION WHICH IS A UNIT OF THE HERB SOCIETY OF AMERICA. WRHS IS DEDICATED TO PROMOTING THE KNOWLEDGE, USE AND DELIGHT OF HERBS THROUGH EDUCATIONAL PROGRAMS, RESEARCH, AND PUBLIC OUTREACH.

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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 $7,035

Program Service Revenue $0

Investment Income $73,524

Other Revenue $15,112

TOTAL REVENUE $95,671

Expense Breakdown

Grants Paid $24,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $54,391

Other Expenses $53,818

TOTAL EXPENSES $77,818

Year-over-Year Comparison

	2024	2023	Change
Revenue	$95,671	$76,338	+0.3%
Expenses	$77,818	$47,463	+0.6%
Net Income	$17,853	$28,875	-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

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
JUDY RICCI	TREASURER	3.00	Officer Director	$0	$0	$0
DONNA PAYERLE	CHAIR	35.00	Officer Director	$0	$0	$0
PAULA ROSSI	CORRESPONDING SECRETARY	2.00	Officer Director	$0	$0	$0
PRISCILLA JONES	ASSISTANT TREASURER	5.00	Officer Director	$0	$0	$0
DARLENE HRITZ	RECORDING SECRETARY	2.00	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	$95,671	$77,818	$1,272,070	$17,853
2023	$76,338	$47,463	$1,194,170	$28,875
2022	$98,825	$61,441	$1,057,374	$37,384
2021	$82,136	$42,603	$1,334,453	$39,533
2020	$59,479	$39,209	$1,253,218	$20,270
2018	$67,103	$77,315	$955,620	$-10,212

WESTERN RESERVE HERB SOCIETY