Wesleyan Retirement Center (EIN 351449080) - 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

1979

Legal Domicile

Phone

7656772125

Tax Period

2023-07-01 to 2024-06-19

Wesleyan Retirement Center, founded in 1979, is a micro nonprofit that reported $5K in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $802K exceeded revenue, resulting in a 17491% operating deficit.

Mission

PROVIDING A SAFE CHRISTIAN COMMUNITY FOR THE AGED.

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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 $3,739

Program Service Revenue $0

Investment Income $818

Other Revenue $0

TOTAL REVENUE $4,557

Expense Breakdown

Grants Paid $797,047

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $797,047

Other Expenses $4,557

TOTAL EXPENSES $801,604

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,557	$16,759,677	-1.0%
Expenses	$801,604	$2,194,665	-0.6%
Net Income	$-797,047	$14,565,012	-1.1%

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

$261,202

Total Directors

$261,202

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Secretary/Treasurer	3.0	Officer Director	$0	$20,094	$113,853
N/A	Chairperson	3.0	Officer Director	$0	$27,249	$147,349
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	Director	1.0	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
2024	$4,557	$801,604	No data	$-797,047
2023	$16,759,677	$2,194,665	$799,029	$14,565,012
2022	$3,178,469	$2,322,785	$17,303,332	$855,684
2021	$3,115,920	$2,382,738	$17,315,823	$733,182
2020	$2,752,217	$2,456,165	$17,402,570	$296,052
2019	$2,622,133	$2,495,266	$17,879,195	$126,867

Wesleyan Retirement Center