FWCS FOUNDATION INC (EIN 351905809) - 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

1993

Legal Domicile

Principal Officer

Jeanne Sheppard

Phone

2604672035

Tax Period

2024-01-01 to 2024-12-31

FWCS FOUNDATION INC, founded in 1993, is a small nonprofit that reported $234K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $283K exceeded revenue, resulting in a 21% operating deficit.

Mission

Its primary purpose is to generate and distribute financial resources to and for Fort Wayne Community Schools, a public school corporation, in support of its mission and vision.

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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 (2024)

Revenue Breakdown

Contributions & Grants $163,150

Program Service Revenue $0

Investment Income $71,347

Other Revenue $0

TOTAL REVENUE $234,497

Expense Breakdown

Grants Paid $283,482

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $283,482

Other Expenses $7

TOTAL EXPENSES $283,489

Year-over-Year Comparison

	2024	2023	Change
Revenue	$234,497	$822,136	-0.7%
Expenses	$283,489	$754,816	-0.6%
Net Income	$-48,992	$67,320	-1.7%

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
Tom Trent	President	3	Director	$0	$0	$0
Ellen Cutter	Treasurer	3	Director	$0	$0	$0
Rick Kinney	Secretary	3	Director	$0	$0	$0
Jeanne Sheppard	Executive Director	16	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
2025	No data	No data	No data	No data
2024	$234,497	$283,489	$1,323,670	$-48,992
2023	$822,136	$754,816	$1,372,662	$67,320
2022	$425,288	$240,762	$1,305,342	$184,526
2021	$194,682	$99,296	$1,120,816	$95,386
2020	$269,475	$108,408	$1,025,430	$161,067
2019	$422,350	$132,636	$864,363	$289,714
2018	$357,032	$184,407	$574,649	$172,625

FWCS FOUNDATION INC