WELLS COUNTY FOUNDATION INC (EIN 356042815) - 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

1957

Legal Domicile

Phone

2608248620

Tax Period

2023-01-01 to 2023-12-31

WELLS COUNTY FOUNDATION INC, founded in 1957, is a community nonprofit in the Education sector that reported $1.7M in total revenue in fiscal year 2023. Expenses of $1.6M left a modest 5% surplus.

Mission

CHARITABLE FOUNDATION ESTABLISHED TO ENHANCE THE PRESENT AND FUTURE QUALITY OF LIFE OF THE WELLS COUNTY, IN 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $520,256

Program Service Revenue $0

Investment Income $1,104,985

Other Revenue $110,704

TOTAL REVENUE $1,735,945

Expense Breakdown

Grants Paid $1,287,175

Salaries & Benefits $208,208

Fundraising Expenses $77,396

Program Expenses $1,364,400

Other Expenses $149,882

TOTAL EXPENSES $1,645,265

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,735,945	$1,745,304	0.0%
Expenses	$1,645,265	$1,897,913	-0.1%
Net Income	$90,680	$-152,609	-1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAMMY SLATER	EXEC DIRECTOR	40.00		$85,096	$0	$85,096
ALAN GUNKEL	President	0.00	Officer Director	$0	$0	$0
BRAD JOHNSON	TREASURER	0.00	Officer Director	$0	$0	$0
JESSICA BRICKER	Secretary	0.00	Officer Director	$0	$0	$0
SARAH MCNEILL	Vice President	0.00	Officer Director	$0	$0	$0
RICK GENTIS	Director	0.00	Director	$0	$0	$0
KODY KUMFER	Director	0.00	Director	$0	$0	$0
STEPHEN PASTORE	Director	0.00	Director	$0	$0	$0
SETH WHICKER	Director	0.00	Director	$0	$0	$0
MICHAEL TOWNE	Director	0.00	Director	$0	$0	$0
LUANN GARTON	Director	0.00	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	No data	No data	No data	No data
2023	$1,735,945	$1,645,265	$35,180,769	$90,680
2022	$1,745,304	$1,897,913	$31,426,440	$-152,609
2021	$3,725,265	$1,536,201	$38,406,822	$2,189,064
2020	$2,113,096	$1,284,328	$32,856,870	$828,768
2019	$2,228,571	$1,177,382	$29,497,681	$1,051,189
2018	$2,325,622	$1,619,068	$24,687,917	$706,554

WELLS COUNTY FOUNDATION INC