WESLEY JACKSON HIGHLANDS INC (EIN 311629018) - 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

1997

Legal Domicile

Principal Officer

BRIAN HARRIS

Phone

9013804900

Tax Period

2023-01-01 to 2023-12-31

WESLEY JACKSON HIGHLANDS INC, founded in 1997, is a small nonprofit in the Housing & Shelter sector that reported $497K in total revenue in fiscal year 2023. Expenses of $632K exceeded revenue, resulting in a 27% operating deficit.

Mission

WESLEY JACKSON HIGHLANDS, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN APRIL 1996, IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF TENNESSEE. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 50-UNIT COMMUNITY LOCATED IN JACKSON, TENNESSEE KNOWN AS WESLEY JACKSON HIGHLANDS, WHICH PROVIDES HOUSING AND RELATED SERVICES FOR VERY LOW AND EXTREMELY LOW INCOME ELDERLY PERSONS PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT, AS AMENDED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $284,531

Program Service Revenue $211,151

Investment Income $1,117

Other Revenue $0

TOTAL REVENUE $496,799

Expense Breakdown

Grants Paid $0

Salaries & Benefits $96,232

Fundraising Expenses $0

Program Expenses $514,757

Other Expenses $535,952

TOTAL EXPENSES $632,184

Year-over-Year Comparison

	2023	2022	Change
Revenue	$496,799	$483,892	+0.0%
Expenses	$632,184	$557,016	+0.1%
Net Income	$-135,385	$-73,124	+0.9%

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
REV ANDY THOMPSON	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
NANCY ALBONETTI	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
CAROL AVENS	MEMBER	1.00	Director	$0	$0	$0
MEREDITH BINGHAM	MEMBER	1.00	Director	$0	$0	$0
AMANDA L WARD	MEMBER	1.00	Director	$0	$0	$0
DWIGHT DAVIS	MEMBER	1.00	Director	$0	$0	$0
JOYCE FEGER	MEMBER	1.00	Director	$0	$0	$0
JENNIFER GARST	MEMBER	1.00	Director	$0	$0	$0
PHYLLIS GAY	MEMBER	1.00	Director	$0	$0	$0
HOLLY MITCHENER	MEMBER	1.00	Director	$0	$0	$0
EDDIE SMITH	MEMBER	1.00	Director	$0	$0	$0
MARY LOU CUSHING	SECRETARY/TREASURER	1.00	Officer	$0	$0	$0
BRIAN HARRIS	NON-VOTING CEO	1.00	Officer	$0	$0	$0
DONALD OLLIO	NON-VOTING CFO	1.00	Officer	$0	$0	$0
RONALD BUDYNAS	NON-VOTING COO	1.00	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	No data	No data	No data	No data
2023	$496,799	$632,184	$1,804,391	$-135,385
2022	$483,892	$557,016	$1,877,969	$-73,124
2021	$450,189	$520,066	$1,902,582	$-69,877
2020	$475,593	$530,257	$1,960,723	$-54,664
2019	$454,865	$543,429	$2,016,589	$-88,564
2018	$390,540	$501,955	$2,109,456	$-111,415

WESLEY JACKSON HIGHLANDS INC