WHOLESOME WAVE INC (EIN 260352899) - 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

BRENTON LING

Phone

2032261112

Tax Period

2024-01-01 to 2024-12-31

WHOLESOME WAVE INC, founded in 2007, is a community nonprofit in the Environment sector that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $2.0M left a modest 4% surplus.

Mission

WHOLESOME WAVE, INC. INSPIRES UNDERSERVED CONSUMERS TO MAKE HEALTHIER FOOD CHOICES BY INCREASING AFFORDABLE ACCESS TO FRESH, LOCAL, AND REGIONAL FOOD

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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 $2,091,993

Program Service Revenue $0

Investment Income $0

Other Revenue $25,789

TOTAL REVENUE $2,117,782

Expense Breakdown

Grants Paid $417,329

Salaries & Benefits $826,725

Fundraising Expenses $201,884

Program Expenses $1,615,805

Other Expenses $795,595

TOTAL EXPENSES $2,039,649

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,117,782	$2,347,863	-0.1%
Expenses	$2,039,649	$1,978,160	+0.0%
Net Income	$78,133	$369,703	-0.8%

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

$649,331

Total Directors

$367,599

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHEL NISCHAN	CO-FOUNDER AND EXECUTIVE CHAIRMAN	40.00	Officer Director	$167,500	$0	$367,599
ED KELLY	MARCOM COMMITTEE CHAIR	1.00	Officer Director	$0	$0	$0
ELLEN O'CONNOR	FINANCE COMMITTEE CHAIR	1.00	Officer Director	$0	$0	$0
JOHANNA DEANS MARTELL	GOVERNANCE COMMITTEE CHAIR	1.00	Officer Director	$0	$0	$0
DIPA SHAH PATEL	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIEL PICA	BOARD MEMBER (UNTIL 3/24)	1.00	Director	$0	$0	$0
DANIEL ROSS	BOARD MEMBER (UNTIL 2/24)	1.00	Director	$0	$0	$0
BENJAMIN PERKINS	BOARD MEMBER (UNTIL 6/24)	1.00	Officer Director	$0	$0	$0
BRENTON LING	INTERIM EXECUTIVE DIRECTOR	40.00	Officer	$134,048	$7,639	$141,687
NATALIA FEINSTEIN	EXECUTIVE DIRECTOR UNTIL 09/2024	40.00	Officer	$113,895	$26,150	$140,045
STACY HICKS HERR	DIRECTOR OF STRATEGIC PARTNERSHIPS	40.00	Highest	$131,978	$30,685	$162,663

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	$2,117,782	$2,039,649	$912,332	$78,133
2023	$2,347,863	$1,978,160	$909,494	$369,703
2022	$1,621,720	$1,863,688	$834,069	$-241,968
2021	$3,012,524	$2,652,397	$1,309,591	$360,127
2020	$5,106,512	$4,792,411	$1,210,973	$314,101
2019	$5,004,541	$5,877,729	$997,586	$-873,188
2018	$5,046,591	$5,082,973	$1,675,785	$-36,382

WHOLESOME WAVE INC