COMMUNITY FOUNDATION OF WABASH COUNTY INC (EIN 356019016) - 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

1954

Legal Domicile

Principal Officer

BRIAN HOWENSTINE

Phone

2609824824

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY FOUNDATION OF WABASH COUNTY INC, founded in 1954, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $16.4M in total revenue in fiscal year 2024. Revenue surged 70% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.5M, a strong 64% operating margin.

Mission

THE COMMUNITY FOUNDATION OF WABASH COUNTY SERVES THE CITIZENS OF WABASH COUNTY BY IMPLEMENTING THEIR CHARITABLE ASPIRATIONS, MAKING GRANTS, INVESTING AND SAFEGUARDING CHARITABLE ASSETS, PROVIDING INFORMATION REGARDING CHARITABLE ENDEAVORS, AND CONVENING CITIZENS AND LINKING RESOURCES TO ADDRESS ISSUES CONFRONTING OUR SHARED LIVES.

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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 $10,109,646

Program Service Revenue $565,669

Investment Income $5,703,750

Other Revenue $34,253

TOTAL REVENUE $16,413,318

Expense Breakdown

Grants Paid $4,121,386

Salaries & Benefits $530,831

Fundraising Expenses $77,724

Program Expenses $5,027,347

Other Expenses $1,282,991

TOTAL EXPENSES $5,935,208

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,413,318	$9,659,765	+0.7%
Expenses	$5,935,208	$5,705,878	+0.0%
Net Income	$10,478,110	$3,953,887	+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

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

$141,209

Total Directors

$141,209

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN HOWENSTINE	CHAIR	3.00	Officer Director	$0	$0	$0
JIM SMITH	VICE CHAIR	3.00	Officer Director	$0	$0	$0
BRIAN PEAS	TREASURER	3.00	Officer Director	$0	$0	$0
JIM WIDNER	SECRETARY	3.00	Officer Director	$0	$0	$0
JIM CHINWORTH	DIRECTOR	1.00	Director	$0	$0	$0
RUSSELL COULTER-KERN	DIRECTOR	1.00	Director	$0	$0	$0
BETH GILLESPIE	DIRECTOR	1.00	Director	$0	$0	$0
KELSEY JO KESSIE	DIRECTOR	1.00	Director	$0	$0	$0
DOUG LEHMAN	DIRECTOR	1.00	Director	$0	$0	$0
TODD LYBARGER	DIRECTOR	1.00	Director	$0	$0	$0
DAVE MANN	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN MANWARING	DIRECTOR	1.00	Director	$0	$0	$0
TYLER OLSON	DIRECTOR	1.00	Director	$0	$0	$0
JOHN PHILIPPSEN	DIRECTOR	1.00	Director	$0	$0	$0
STACY YOUNG	DIRECTOR	1.00	Director	$0	$0	$0
TENILLE ZARTMAN	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA GRANT	PRESIDENT/CE	40.00	Officer Director	$121,709	$19,500	$141,209

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	$16,413,318	$5,935,208	$99,365,618	$10,478,110
2023	$9,659,765	$5,705,878	$86,192,405	$3,953,887
2022	$13,444,485	$4,226,083	$75,052,845	$9,218,402
2021	$10,746,014	$3,526,883	$77,994,930	$7,219,131
2020	$9,989,702	$4,093,733	$67,696,310	$5,895,969
2019	$7,241,033	$4,152,847	$58,102,867	$3,088,186
2018	$8,289,922	$3,423,335	$47,734,563	$4,866,587

COMMUNITY FOUNDATION OF WABASH COUNTY INC