TEAM WETHRIVE INC (EIN 463341254) - 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

2013

Legal Domicile

Principal Officer

DAQUAN OLIVER

Phone

9144343852

Tax Period

2023-01-01 to 2023-12-31

TEAM WETHRIVE INC, founded in 2013, is a small nonprofit in the Recreation & Sports sector that reported $352K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. Expenses of $746K exceeded revenue, resulting in a 112% operating deficit.

Mission

WETHRIVE EQUIPS AND EMPOWERS LOW-INCOME YOUTH BURSTING WITH IDEAS TO RISE AS ENTREPRENEURIAL ECONOMIC LEADERS AND BREAK THE CYCLE OF POVERTY. WETHRIVE REACHES MIDDLE SCHOOL STUDENTS, GIVING THEM AN ENCOURAGING YES TO THEIR DREAMS OF ENTREPRENEURSHIP - ALONG WITH THE TOOLSET TO MAKE THEM REAL. WETHRIVE STAFF MEMBERS TRAIN UNDERGRADUATE VOLUNTEERS TO BECOME MENTORS, WHO GUIDE STUDENTS THROUGH AN AFTERSCHOOL CURRICULUM CAREFULLY DESIGNED TO REACH THOSE LEFT BEHIND IN TRADITIONAL CLASSROOMS. WITH ENCOURAGEMENT AND SUPPORT FROM THEIR MENTORS, EACH STUDENT CREATES THEIR VERY OWN COMPANY, EARNING REAL REVENUES AND DONATING PROFITS TO A CHARITY OF THEIR CHOICE. STUDENTS GAIN CRITICAL LIFE SKILLS, USING LEARNING LOGS, METACOGNITION, AND LEADERSHIP DEVELOPMENT EXERCISES TO BUILD ENTREPRENEURIAL HABITS THAT LAST A LIFETIME. LEVERAGING THE BEST DIGITAL TOOLS, WETHRIVE IS DESIGNED TO DISRUPT AN INDUSTRY OF ENTREPRENEURIAL EDUCATION THAT HAS LEFT TOO MANY STUDENTS STILL IN NEED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $283,165

Program Service Revenue $69,200

Investment Income $0

Other Revenue $0

TOTAL REVENUE $352,365

Expense Breakdown

Grants Paid $0

Salaries & Benefits $341,119

Fundraising Expenses $107,488

Program Expenses $576,286

Other Expenses $404,587

TOTAL EXPENSES $745,706

Year-over-Year Comparison

	2023	2022	Change
Revenue	$352,365	$832,683	-0.6%
Expenses	$745,706	$860,978	-0.1%
Net Income	$-393,341	$-28,295	+12.9%

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

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

$295,281

Total Directors

$147,502

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAQUAN OLIVER	PRESIDENT	40.00	Officer Director	$147,502	$0	$147,502
KATHRYN DANIELLE ESPIRITU	LEARNING SUCCESS DIRECTOR	40.00	Officer	$87,956	$0	$87,956
ASHLEY PURYEAR	ALUMNI PORTFOLIO PROGRAM MANAGER	40.00	Officer	$59,823	$0	$59,823
JASON CASCARINO	TREASURER	0.00	Officer	$0	$0	$0
TIFFANY THOMPSON	BOARD MEMBER	0.00	Officer	$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
2023	$352,365	$745,706	$271,370	$-393,341
2022	$832,683	$860,978	$661,215	$-28,295
2021	$970,001	$542,829	$690,155	$427,172
2020	$418,418	$191,297	$279,905	$227,121
2019	$229,098	$218,379	$38,516	$10,719
2018	$212,196	$230,598	$18,345	$-18,402

TEAM WETHRIVE INC