THE WAWA ASSOCIATES IN NEED FUND (EIN 262453271) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

MICHAEL ECKHARDT

Phone

6103588000

Tax Period

2023-01-01 to 2023-12-31

THE WAWA ASSOCIATES IN NEED FUND, founded in 2008, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $525K, a strong 20% operating margin.

Mission

TO RECEIVE CONTRIBUTIONS WHICH ARE USED TO HELP WAWA ASSOCIATES AND THEIR FAMILIES SUFFERING SEVERE FINANCIAL HARDSHIP RESULTING FROM A CATASTROPHIC EVENT IN THEIR LIVES. THESE CATASTROPHIC EVENTS GENERALLY ARE EMERGENCY OR MEDICAL OR PERSONAL CIRCUMSTANCES BEYOND THE ASSOCIATE'S CONTROL FOR WHICH A PERSON COULD NOT BE EXPECTED TO BE ADEQUATELY PREPARED THROUGH RESPONSIBLE FINANCIAL PLANNING AND BUDGETING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,232,993

Program Service Revenue $0

Investment Income $347,581

Other Revenue $0

TOTAL REVENUE $2,580,574

Expense Breakdown

Grants Paid $2,047,009

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,047,009

Other Expenses $8,942

TOTAL EXPENSES $2,055,951

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,580,574	$2,273,816	+0.1%
Expenses	$2,055,951	$1,633,805	+0.3%
Net Income	$524,623	$640,011	-0.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
MICHAEL ECKHARDT	DIRECTOR, PRESIDENT	2.00	Officer Director	$0	$0	$0
STEPHANIE CAPACCIO	DIRECTOR, VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN SCHALLER	DIRECTOR, VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BARBARA ENNIS	DIRECTOR, VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMES LEE	DIRECTOR, VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY ROSE HANNUM	DIRECTOR, VP, SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID PREVOST	DIRECTOR, VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CATHERINE PULOS	DIRECTOR, VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID SIMONETTI	DIRECTOR, VP, TREASURER	1.00	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	No data	No data	No data	No data
2023	$2,580,574	$2,055,951	$11,303,005	$524,623
2022	$2,273,816	$1,633,805	$9,928,270	$640,011
2021	$2,188,748	$664,818	$10,686,332	$1,523,930
2020	$3,164,454	$761,448	$8,736,093	$2,403,006
2019	$1,700,800	$1,316,760	$5,984,485	$384,040
2018	$2,081,806	$1,245,165	$5,204,668	$836,641

THE WAWA ASSOCIATES IN NEED FUND