WORLDWIDE INVENTORY NETWORK INC (EIN 431585007) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

TRAVIS LAWS

Phone

3143853006

Tax Period

2023-01-01 to 2023-12-31

WORLDWIDE INVENTORY NETWORK INC, founded in 1991, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $23.1M in total revenue in fiscal year 2023. Expenses of $34.4M exceeded revenue, resulting in a 49% operating deficit.

Mission

DISTRIBUTE DONATED ASSETS TO OTHER TAX-EXEMPT ORGANIZATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $21,363,666

Program Service Revenue $1,697,255

Investment Income $31,797

Other Revenue $0

TOTAL REVENUE $23,092,718

Expense Breakdown

Grants Paid $32,909,593

Salaries & Benefits $753,877

Fundraising Expenses $23,000

Program Expenses $34,181,303

Other Expenses $779,884

TOTAL EXPENSES $34,443,354

Year-over-Year Comparison

	2023	2022	Change
Revenue	$23,092,718	$23,598,488	0.0%
Expenses	$34,443,354	$25,873,120	+0.3%
Net Income	$-11,350,636	$-2,274,632	+4.0%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$215,467

Total Directors

$215,467

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOYCE LAWS	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG HOGAN	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK TURNER	TREASURER	1.00	Officer Director	$0	$0	$0
KATHY REZNIKOV	SECRETARY	1.00	Officer Director	$0	$0	$0
BRENTON DEARING	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ANTHONY DIFRANCO	PROGRAM DIRECTOR	40.00	Highest	$111,464	$0	$111,464
TRAVIS LAWS	PRESIDENT	40.00	Officer Director	$215,467	$0	$215,467

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	$23,092,718	$34,443,354	$140,554,123	$-11,350,636
2022	$23,598,488	$25,873,120	$151,921,571	$-2,274,632
2021	$31,738,147	$37,548,037	$154,273,003	$-5,809,890
2020	$20,896,297	$10,889,416	$160,277,280	$10,006,881
2019	$18,952,045	$24,439,733	$150,245,700	$-5,487,688
2018	$41,932,337	$40,032,599	$155,250,577	$1,899,738

WORLDWIDE INVENTORY NETWORK INC