WESLEY GARDENS RETIREMENT COMMUNITY (EIN 462396221) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2012

Legal Domicile

Principal Officer

CHRISTOPHER W TOMLIN

Phone

2059512442

Tax Period

2023-07-01 to 2024-06-30

WESLEY GARDENS RETIREMENT COMMUNITY, founded in 2012, is a community nonprofit in the Housing & Shelter sector that reported $2.8M in total revenue in fiscal year 2017.

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY AND HANDICAPPED.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $123,928

Program Service Revenue $3,125,638

Investment Income $305

Other Revenue $291,665

TOTAL REVENUE $3,541,536

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,958,174

Fundraising Expenses $0

Program Expenses $3,450,702

Other Expenses $1,682,126

TOTAL EXPENSES $3,640,300

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,541,536	$2,823,248	+0.3%
Expenses	$3,640,300	$3,428,022	+0.1%
Net Income	$-98,764	$-604,774	-0.8%

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

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

$725,683

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMIE W STEELE JR	CHAIR	0.00	Officer Director	$0	$0	$0
ROBERT L MCKEE III	VICE CHAIR	0.00	Officer Director	$0	$0	$0
SAMUEL G SUMNER	TREASURER	0.00	Officer Director	$0	$0	$0
MARSHA D CLARK	TRUSTEE	0.00	Director	$0	$0	$0
MAUDINE J HOLLOWAY	TRUSTEE	0.00	Director	$0	$0	$0
ELIZABETH M HUBER	TRUSTEE	0.00	Director	$0	$0	$0
TOMMY W PEACOCK	TRUSTEE	0.00	Director	$0	$0	$0
ROBERT C SCALES SR	TRUSTEE	0.00	Director	$0	$0	$0
CHRISTOPHER W TOMLIN	PRESIDENT & CEO	1.00	Officer	$0	$0	$417,254
MICHAEL D GILES	SENIOR VICE PRESIDENT, COO	1.00	Officer	$0	$0	$308,429
RANDY ALLEN	MANAGEMENT	1.00	Highest	$111,014	$0	$111,014

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
2025	No data	No data	No data	No data
2024	$3,541,536	$3,640,300	$7,915,946	$-98,764
2023	$2,823,248	$3,428,022	$7,971,822	$-604,774
2022	$2,883,527	$3,189,034	$8,458,975	$-305,507
2021	$2,770,435	$3,090,492	$8,620,015	$-320,057
2020	$2,956,257	$2,983,488	$8,814,269	$-27,231
2019	$2,962,553	$2,912,944	$8,922,248	$49,609
2018	$2,829,428	$2,897,511	$8,776,919	$-68,083

WESLEY GARDENS RETIREMENT COMMUNITY