WESLEY HEIGHTS OF TAYLORSVILLE INC (EIN 270753334) - 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

2009

Legal Domicile

Principal Officer

WILLIAM BOLSTAD

Phone

9803214738

Tax Period

2024-01-01 to 2024-12-31

WESLEY HEIGHTS OF TAYLORSVILLE INC, founded in 2009, is a micro nonprofit in the Housing & Shelter sector that reported $35K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $50K exceeded revenue, resulting in a 43% operating deficit.

Mission

PROVIDE HOUSING TO SPECIAL NEEDS AND ELDERLY INDIVIDUALS SUBJECT TO NCHFA REGULATIONS GOVERNING RENTAL CHARGES AND OPERATING METHODS.

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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 $34,499

Investment Income $607

Other Revenue $0

TOTAL REVENUE $35,106

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,924

Other Expenses $50,200

TOTAL EXPENSES $50,200

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,106	$39,351	-0.1%
Expenses	$50,200	$69,401	-0.3%
Net Income	$-15,094	$-30,050	-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

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
WILLIAM BOLSTAD	PRESIDENT	1.00	Officer Director	$0	$0	$0
JOEL GILLAND	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LISA LEMOS	SECRETARY/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
2025	No data	No data	No data	No data
2024	$35,106	$50,200	$538,857	$-15,094
2023	$39,351	$69,401	$554,580	$-30,050
2022	$33,918	$51,889	$524,218	$-17,971
2021	$33,716	$58,874	$504,591	$-25,158
2020	$37,059	$54,280	$526,920	$-17,221
2019	$39,860	$54,055	$545,281	$-14,195
2018	$39,298	$56,382	$562,056	$-17,084

WESLEY HEIGHTS OF TAYLORSVILLE INC