WAKE FOUNDATION (EIN 273348755) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2010

Legal Domicile

Phone

8704043661

Tax Period

2024-01-01 to 2024-12-31

WAKE FOUNDATION, founded in 2010, is a small nonprofit in the Human Services sector that reported $312K in total revenue in fiscal year 2021. Revenue surged 348% from the prior year, signaling strong growth momentum.

Mission

ASSIST VETERANS IN REHABILITATION

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $435,360

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $435,361

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $421,882

Other Expenses $421,882

TOTAL EXPENSES $421,882

Year-over-Year Comparison

	2024	2023	Change
Revenue	$435,361	$387,120	+0.1%
Expenses	$421,882	$385,626	+0.1%
Net Income	$13,479	$1,494	+8.0%

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

N/A

Independent Members

N/A

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
ROBERT D WAKE Sr	PRESIDENT	32.00	Officer	$0	$0	$0
ROBERT WAKE Jr	EXECUTIVE VICE PRESIDENT	5.00	Officer	$0	$0	$0
LOTOYA HALLIBURTON	VICE PRESIDENT	2.00	Officer	$0	$0	$0
DEBRA WAYNICK	SECRETARY	2.00	Officer	$0	$0	$0
WENDY PICKRELL	TREASURER	2.00	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	$435,361	$421,882	$17,618	$13,479
2023	$387,120	$385,626	$5,048	$1,494
2021	$312,261	$304,013	$14,934	$8,248

WAKE FOUNDATION