Wesleyan Retirement Center

EIN: 351449080 501(c)(3)

MARION, IN

Total Revenue
$4,557
Total Expenses
$801,604
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
IN
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.

Program Service Accomplishments

Program 1
Expenses: $797,047 Revenue: $0

LEASE INCOME IS GENERATED BY LEASING ALL PROPERTY AND EQUIPMENT AND THE OPERATIONS OF THE COLONIAL OAKS HEALTH CARE CENTER. WESLEYAN RETIREMENT CENTER (WRC) ALSO LEASES THE REAL ESTATE, IMPROVEMENTS...

Read more

LEASE INCOME IS GENERATED BY LEASING ALL PROPERTY AND EQUIPMENT AND THE OPERATIONS OF THE COLONIAL OAKS HEALTH CARE CENTER. WESLEYAN RETIREMENT CENTER (WRC) ALSO LEASES THE REAL ESTATE, IMPROVEMENTS AND THE MANAGEMENT OF THE RETIREMENT APARTMENTS. LASTLY, WRC LEASE ALL PROPERTY AND EQUIPMENT AND THE OPERATION OF THE AVON HEALTH CARE AND REHABILITATION CENTER.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

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
🔒

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

Sign In

Governance

Voting Members
6
Independent Members
4
Employees
N/A
Volunteers
6

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
2
$261,202
Total Directors
6
$261,202
Key Employees
0
$0
Highest Compensated
0
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
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Wesleyan Retirement Center with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.