WEAVER INDUSTRIES INC (EIN 341086070) - 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

1971

Legal Domicile

Principal Officer

JEFFREY S JOHNSON

Phone

3303793660

Tax Period

2023-01-01 to 2023-12-31

WEAVER INDUSTRIES INC, founded in 1971, is a community nonprofit in the Employment sector that reported $8.0M in total revenue in fiscal year 2023. Expenses of $8.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

TO CREATE OPPORTUNITIES FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES THROUGH JOB CREATION.

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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 $278,100

Program Service Revenue $7,630,972

Investment Income $60,825

Other Revenue $348

TOTAL REVENUE $7,970,245

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,869,874

Fundraising Expenses $0

Program Expenses $7,630,105

Other Expenses $2,022,851

TOTAL EXPENSES $8,892,725

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,970,245	$7,884,927	+0.0%
Expenses	$8,892,725	$8,662,325	+0.0%
Net Income	$-922,480	$-777,398	+0.2%

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

325

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

$329,219

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHEL HURST	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
BLAKE GERNEY	VICE-CHAIRPERSON	2.00	Officer Director	$0	$0	$0
JOHN E HOOKER	TREASURER	2.00	Director	$0	$0	$0
PETER GEISE	SECRETARY	2.00	Director	$0	$0	$0
ALFRED W DAVISO III PHD	TRUSTEE	2.00	Director	$0	$0	$0
ALISHA DENNIS-BRINSON	TRUSTEE	2.00	Director	$0	$0	$0
JOHN WACHOVEC	TRUSTEE	2.00	Director	$0	$0	$0
TOM ORCUTT	TRUSTEE	2.00	Director	$0	$0	$0
MARK OHLINGER	TRUSTEE	2.00	Director	$0	$0	$0
JEAN BARBATO	TRUSTEE	2.00	Director	$0	$0	$0
JEFFREY S JOHNSON	EXECUTIVE DIRECTOR	40.00	Officer	$194,691	$500	$195,191
CARLA MCDONALD	DIRECTOR OF OPERATIONS & FINANCE	40.00	Officer	$133,928	$100	$134,028

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	$7,970,245	$8,892,725	$5,739,297	$-922,480
2022	$7,884,927	$8,662,325	$6,400,470	$-777,398
2021	$9,368,029	$8,113,796	$6,119,573	$1,254,233
2020	$8,740,573	$8,147,086	$4,842,948	$593,487
2019	$8,262,739	$8,227,687	$4,167,671	$35,052
2018	$8,523,619	$8,327,943	$4,205,235	$195,676

WEAVER INDUSTRIES INC