WESTERN RESERVE IND LIVING CENTER (EIN 432042109) - 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

2004

Legal Domicile

Principal Officer

PAM DAVIES

Phone

3303723325

Tax Period

2024-01-01 to 2024-12-31

WESTERN RESERVE IND LIVING CENTER, founded in 2004, is a small nonprofit in the Human Services sector that reported $550K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $514K left a modest 6% surplus.

Mission

TO PROMOTE FULL COMMUNITY INCLUSION FOR PERSONS WITH DISABILITIES

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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 $495,890

Program Service Revenue $0

Investment Income $0

Other Revenue $53,694

TOTAL REVENUE $549,584

Expense Breakdown

Grants Paid $0

Salaries & Benefits $291,273

Fundraising Expenses $0

Program Expenses $450,929

Other Expenses $222,896

TOTAL EXPENSES $514,169

Year-over-Year Comparison

	2024	2023	Change
Revenue	$549,584	$433,520	+0.3%
Expenses	$514,169	$493,086	+0.0%
Net Income	$35,415	$-59,566	-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

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

$58,746

Total Directors

$58,746

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PAM DAVIES	EXEC DIRECTO	40.00	Officer Director	$58,746	$0	$58,746
CATHERINE BECK	BD MEMBER	8.00	Director	$0	$0	$0
CAROLYN FROST	BD MEMBER	8.00	Director	$0	$0	$0
JENNIFER HALLDEN	BD MEMBER	8.00	Director	$0	$0	$0
JACKIE LATERMAN	BD MEMBER	8.00	Director	$0	$0	$0
VINCE STIGLIANO	CHAIR	8.00	Officer 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	$549,584	$514,169	$272,646	$35,415
2023	$433,520	$493,086	$236,504	$-59,566
2022	$441,222	$431,963	$296,173	$9,259
2021	$373,550	$337,718	$286,931	$35,832
2020	$400,863	$385,158	$254,013	$15,705
2019	$232,910	$281,951	$240,718	$-49,041
2018	$392,731	$385,220	$284,599	$7,511

WESTERN RESERVE IND LIVING CENTER