THE WHEEL INN INC (EIN 240785190) - 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

1947

Legal Domicile

Phone

5706738421

Tax Period

2024-01-01 to 2024-12-31

THE WHEEL INN INC, founded in 1947, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 438% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 71% operating margin.

Mission

MEMBERSHIP AND SOCIAL DINNER CLUB

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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 $0

Program Service Revenue $65,651

Investment Income $110,849

Other Revenue $1,354,139

TOTAL REVENUE $1,530,639

Expense Breakdown

Grants Paid $2,400

Salaries & Benefits $234,670

Fundraising Expenses $0

Other Expenses $210,260

TOTAL EXPENSES $447,330

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,530,639	$284,669	+4.4%
Expenses	$447,330	$417,759	+0.1%
Net Income	$1,083,309	$-133,090	-9.1%

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

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
GLENN SHAFFER	PRESIDENT	5.00	Officer	$0	$0	$0
RONALD ROAN	VICE PRESIDENT	5.00	Officer	$0	$0	$0
AL EVANS	SECRETARY	5.00	Officer	$0	$0	$0
SAM LUSH	TREASURER	5.00	Officer	$0	$0	$0
MARK KNAPP	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT WHEELER	DIRECTOR	1.00	Director	$0	$0	$0
BLAISE ALEXANDER	DIRECTOR	1.00	Director	$0	$0	$0
JIM WEST	DIRECTOR	1.00	Director	$0	$0	$0
DAVE WARD	DIRECTOR	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
2024	$1,530,639	$447,330	$1,750,897	$1,083,309
2023	$284,669	$417,759	$734,551	$-133,090
2022	$294,310	$326,042	$835,408	$-31,732
2021	$218,628	$306,888	$861,023	$-88,260
2020	$242,953	$294,517	$876,103	$-51,564
2019	$977,537	$513,942	$1,080,117	$463,595
2018	$314,928	$377,215	$547,171	$-62,287

THE WHEEL INN INC