PROMOTING WELLNESS FOUNDATION

EIN: 454699381 501(c)(3) Arts, Culture & Humanities

FARMINGTON HILLS, MI

Total Revenue
$70,229
Total Expenses
$108,093
Total Assets
$1,527,627
Net Assets
$1,527,627
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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
2012
Legal Domicile
MI
Principal Officer
MARK MOYAD
Phone
2486159500
Tax Period
2024-01-01 to 2024-12-31

PROMOTING WELLNESS FOUNDATION, founded in 2012, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $70K in total revenue in fiscal year 2024. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $108K exceeded revenue, resulting in a 54% operating deficit.

Mission

PROMOTING HEALTH AND WELLNESS THROUGH EDUCATION AND LIFESTYLE CHANGES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,250
Program Service Revenue $0
Investment Income $66,979
Other Revenue $0
TOTAL REVENUE $70,229

Expense Breakdown

Grants Paid $80,000
Salaries & Benefits $20,000
Fundraising Expenses $0
Program Expenses $80,000
Other Expenses $8,093
TOTAL EXPENSES $108,093

Year-over-Year Comparison

2024 2023 Change
Revenue $70,229 $145,648 -0.5%
Expenses $108,093 $71,953 +0.5%
Net Income $-37,864 $73,695 -1.5%
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

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
1

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
2
$20,000
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIA MOYAD TREASURER/SE 2.00
Officer
$20,000 $0 $20,000
MARK MOYAD PRESIDENT N/A
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 $70,229 $108,093 $1,527,627 $-37,864
2023 $145,648 $71,953 $1,420,290 $73,695
2022 $60,260 $103,560 $1,176,348 $-43,300
2021 $231,514 $92,934 $1,640,169 $138,580
2020 $111,275 $80,246 $1,568,911 $31,029
2019 $352,865 $70,499 $1,385,886 $282,366
2018 $76,153 $72,215 $1,019,120 $3,938
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