WELLCORE INC (EIN 260311508) - 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

Phone

8456248071

Tax Period

2023-07-01 to 2024-06-30

WELLCORE INC, founded in 2007, is a community nonprofit in the Youth Development sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum.

Mission

Provide tutoring and other academic enrichment activities along with a broad array of youth development provide youth mental health first aid training for the community, schools, and parents.

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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 $1,221,528

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,221,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $726,020

Fundraising Expenses $0

Program Expenses $1,052,427

Other Expenses $487,590

TOTAL EXPENSES $1,213,610

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,221,528	$873,024	+0.4%
Expenses	$1,213,610	$855,131	+0.4%
Net Income	$7,918	$17,893	-0.6%

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

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

$115,914

Total Directors

$111,306

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
victoria shaw	President	30.00	Officer	$115,914	$0	$115,914
christina rosen	Director	30.00	Director	$78,750	$0	$78,750
kimberly knight	Director	2.00	Director	$32,556	$0	$32,556
Lynn Gory	Director	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
2025	No data	No data	No data	No data
2024	$1,221,528	$1,213,610	$145,806	$7,918
2023	$873,024	$855,131	$174,656	$17,893
2022	$512,084	$515,582	$126,938	$-3,498
2021	$441,490	$393,976	$97,799	$47,514
2020	$494,904	$493,943	$102,991	$961
2019	$501,811	$586,283	$47,942	$-84,472
2018	$848,079	$751,145	$118,102	$96,934
2018	$848,079	$755,670	$118,102	$92,409

WELLCORE INC