The Well Community Youth Center of Waco Inc (EIN 271939864) - 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

2010

Legal Domicile

Principal Officer

David Corbitt

Phone

2547725145

Tax Period

2024-01-01 to 2024-12-31

The Well Community Youth Center of Waco Inc, founded in 2010, is a small nonprofit in the Youth Development sector that reported $408K in total revenue in fiscal year 2024.

Mission

To provide safe, secure and Christian-based child care for working parents in the community.

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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 $47,008

Program Service Revenue $361,165

Investment Income $64

Other Revenue $0

TOTAL REVENUE $408,237

Expense Breakdown

Grants Paid $0

Salaries & Benefits $318,436

Fundraising Expenses $0

Program Expenses $402,031

Other Expenses $83,595

TOTAL EXPENSES $402,031

Year-over-Year Comparison

	2024	2023	Change
Revenue	$408,237	$397,422	+0.0%
Expenses	$402,031	$415,201	0.0%
Net Income	$6,206	$-17,779	-1.3%

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

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

Total Directors

$42,262

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kayla Booth	Director	30.00	Director	$42,262	$0	$42,262
David Corbitt	Chairman	5.00	Officer	$0	$0	$0
Judy Castro	Director/Secretary	40.00	Officer	$0	$0	$0
Amy Glinski	Treasurer	5.00	Officer	$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	$408,237	$402,031	$75,350	$6,206
2023	$397,422	$415,201	$68,913	$-17,779
2022	$392,392	$362,638	$88,275	$29,754
2021	$306,223	$296,618	$54,693	$9,605
2020	$252,069	$267,680	$45,338	$-15,611
2019	$330,408	$285,873	$65,241	$44,535
2018	$243,018	$229,778	$20,655	$13,240

The Well Community Youth Center of Waco Inc