Wig Out

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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

Legal Domicile

Phone

8327060888

Tax Period

2021-01-01 to 2021-12-31

Wig Out is a small nonprofit in the Human Services sector that reported $226K in total revenue in fiscal year 2021. The organization ran a surplus of $99K, a strong 44% operating margin.

Mission

Wig Out provides quality wigs, headscarves, hats, toiletries, makeup & skincare tutorials to aid financially disadvantaged patients suffering from the side effects of cancer treatments. We strive to help patients reclaim their visual identity, self-confidence and dignity through compassion, care and advocacy. We serve patients on our mobile RV, via appointment or by mail. PROGRAMS: All programs are funded by grants and donations.

Program Service Accomplishments

Program 1

Expenses: $30,480

Wig Out On Wheels (WOOW) program in partnership with Harris County Health System/MD Anderson Cancer Center. "WOOW" is a mobile unit (RV) that is cheerfully decorated and stocked with wigs, scarves...

Wig Out On Wheels (WOOW) program in partnership with Harris County Health System/MD Anderson Cancer Center. "WOOW" is a mobile unit (RV) that is cheerfully decorated and stocked with wigs, scarves, hats, toiletries, cosmetics, skincare items which are given to low-income cancer patients. We also provide educational materials & critical information regarding all types of cancers, the side effects of treatments, the importance of prevention & early detection, etc. WOOW visits Houston's county hospitals / treatment facilities each week through its partnership with Harris (County) Health System (harrishealth.org) and MD Anderson Cancer Center.

Program 2

Expenses: $15,240

Wig Out's Community Assistance Program services are also performed on WOOW at hospitals/cancer treatment facilities not affiliated with Harris Health System located in the greater Houston area. We...

Wig Out's Community Assistance Program services are also performed on WOOW at hospitals/cancer treatment facilities not affiliated with Harris Health System located in the greater Houston area. We also see patients by appointment at our office, or conduct vitual appointments and mail wig kits to recipients. This program is an extension of the program described in the above program line 28. We drive WOOW or private vehicles to Houston-area cancer facilities to provide our services and items. We also meet with patients in our office via appointment or virtually and mail their items to them. We have served an additional 208 patients through this program. Our virtual and mailing services are still in progress through Covid. We would love to replicate our successful model around Texas and USA.

Program 3

Expenses: $5,080

Wig Out Breast Cancer Awareness Corporate and Community Initiatives. Breat cancer surviors/ambassadors educate our community-at-large about breat cancer prevention and detection. Educational teaching...

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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 (2021)

Revenue Breakdown

Contributions & Grants $226,086

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $226,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $25,400

Program Expenses $50,800

Other Expenses $127,000

TOTAL EXPENSES $127,000

Year-over-Year Comparison

	2021	2020	Change
Revenue	$226,086	N/A	N/A
Expenses	$127,000	N/A	N/A
Net Income	$99,086	N/A	N/A

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

N/A

Employees

N/A

Volunteers

N/A

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

$67,750

Total Directors

$87,275

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nancy Riviere	Executive Dir.	65.00	Officer Director	$67,750	$0	$67,750
Miranda Gonzales	Volunteer	15.00	Director	$19,525	$0	$19,525
Mrs Kim Sanchez	President	4.00	Director	$0	$0	$0
Mr Kenneth Rue	Vice President	8.00	Director	$0	$0	$0
Ms Makiel Talley	Secretary	2.00	Director	$0	$0	$0
Mr Ambesh Srivastav	Treasurer	4.00	Director	$0	$0	$0
Mr Alan Beck	Director	1.00	Director	$0	$0	$0
Ms Leigh Rozelle	Director	1.00	Director	$0	$0	$0
Ms Nikki Donnelly	Director	1.00	Director	$0	$0	$0
Mrs Laura Escalona	Director	1.00	Director	$0	$0	$0
Mr Nathan Reedy	Director	1.00	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
2021	$226,086	$127,000	$116,068	$99,086