WABASH STREET LEVEL MINISTRIES INC

EIN: 351676574 501(c)(3)

WABASH, IN

Total Revenue
$53,116
Total Expenses
$101,223
Total Assets
$603,161
Net Assets
$601,598
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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
1989
Legal Domicile
IN
Principal Officer
BRENT DAWES
Phone
2605631040
Tax Period
2024-01-01 to 2024-12-31

WABASH STREET LEVEL MINISTRIES INC, founded in 1989, is a micro nonprofit that reported $53K in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $101K exceeded revenue, resulting in a 91% operating deficit.

Mission

WABASH STREET LEVEL MINISTRIES IS A NOT-FOR-PROFIT ORGANIZATION THAT REPRESENTS A PARTNERSHIP OF WABASH AREA CHURCHES, BUSINESSES AND COMMUNITY DEVELOPMENT AGENCIES FOCUSED ON THE COMMON GOAL OF PROMOTING THE EMOTIONAL, PHYSICAL AND SPIRITUAL WELL-BEING OF WABASH AREA YOUTH BY PROVIDING YOUNG PEOPLE A SAFE HAVEN TO INTERACT WITH OTHER YOUTH AND ADULTS. THE ACCESS FOLLOWS THE PRINCIPLE BELIEF THAT THE DEVELOPMENT OF RELATIONSHIPS BETWEEN YOUNG PEOPLE AND MATURING CHRISTIANS CREATE OPPORTUNITIES LEADING TO POSITIVE, LIFE-CHANGING EXPERIENCES THAT BUILD STABILITY AND STRENGTH INTO OUR LIVES AND THE FIBERS OF OUR COMMUNITY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $42,491
Program Service Revenue $0
Investment Income $10,625
Other Revenue $0
TOTAL REVENUE $53,116

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,819
Fundraising Expenses $0
Program Expenses $98,914
Other Expenses $41,404
TOTAL EXPENSES $101,223

Year-over-Year Comparison

2024 2023 Change
Revenue $53,116 $78,211 -0.3%
Expenses $101,223 $78,022 +0.3%
Net Income $-48,107 $189 -255.5%
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

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Governance

Voting Members
9
Independent Members
9
Employees
2
Volunteers
15

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEAN GUNDERMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ASHLEY HUNT BOARD MEMBER 1.00
Director
$0 $0 $0
GRANT SCHULER BOARD MEMBER 1.00
Director
$0 $0 $0
NICK SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
CIERRA TRESKA BOARD MEMBER 1.00
Director
$0 $0 $0
ANGELA BEAUCHAMP SECRETARY 1.00
Officer
$0 $0 $0
BRENT DAWES TREASURER 2.00
Officer
$0 $0 $0
JEREMY HAUPERT BOARD CHAIR 2.00
Officer
$0 $0 $0
DOUG KONKLE VICE CHAIR 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 $53,116 $101,223 $603,161 $-48,107
2023 $78,211 $78,022 $652,439 $189
2022 $110,695 $110,733 $650,903 $-38
2021 $243,866 $171,400 $652,635 $72,466
2020 $162,270 $149,350 $580,106 $12,920
2019 $173,135 $116,110 $566,561 $57,025
2018 $178,156 $117,280 $509,039 $60,876
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