Sims Training And Wellness Center

EIN: 264032094 501(c)(3) Mental Health

Kannapolis, NC

Total Revenue
$157,833
Total Expenses
$160,527
Total Assets
$4,461
Net Assets
$34,682
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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
2013
Legal Domicile
NC
Phone
9805215040
Tax Period
2023-01-01 to 2023-12-31

Sims Training And Wellness Center, founded in 2013, is a small nonprofit in the Mental Health sector that reported $158K in total revenue in fiscal year 2023.

Mission

Sims training and wellness promotes safe, life-enhancing approaches by providing education, training and inspiration to people who have mental health and substance abuse disorders and to the professionals who serve them.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $157,833
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $157,833

Expense Breakdown

Grants Paid $0
Salaries & Benefits $101,049
Fundraising Expenses $0
Program Expenses $160,527
Other Expenses $59,478
TOTAL EXPENSES $160,527

Year-over-Year Comparison

2023 2022 Change
Revenue $157,833 $154,867 +0.0%
Expenses $160,527 $160,481 +0.0%
Net Income $-2,694 $-5,614 -0.5%
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

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Governance

Voting Members
5
Independent Members
5
Employees
3
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
0
$0
Total Directors
1
$47,640
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Arlana Sims 10.00
Director
$47,640 $0 $47,640
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 $157,833 $160,527 $4,461 $-2,694
2022 $154,867 $160,481 $5,643 $-5,614
2021 $143,322 $163,637 $18,336 $-20,315
2020 $151,052 $148,364 $2,472 $2,688
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