WYNKS CORPORATION (EIN 463920896) - 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

MICHAEL C MAI

Phone

6265738441

Tax Period

2023-10-01 to 2024-09-30

WYNKS CORPORATION, founded in 2013, is a community nonprofit in the Health Care sector that reported $2.0M in total revenue in fiscal year 2023. Expenses of $2.3M exceeded revenue, resulting in a 12% operating deficit.

Mission

WYNKS MISSION IS TO IMPLEMENT A HOLISTIC APPROACH TO PROVIDING SAFE, HIGH QUALITY CARE, AND COMPASSIONATE ESSENTIAL SERVICES TO OUR SENIOR COMMUNITY.

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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 $64,047

Program Service Revenue $1,920,724

Investment Income $23,224

Other Revenue $0

TOTAL REVENUE $2,007,995

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,297,012

Fundraising Expenses $0

Program Expenses $2,083,527

Other Expenses $957,367

TOTAL EXPENSES $2,254,379

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,007,995	$2,029,018	0.0%
Expenses	$2,254,379	$2,228,098	+0.0%
Net Income	$-246,384	$-199,080	+0.2%

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

N/A

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

$309,600

Total Directors

$342,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL C MAI	PRESIDENT	040.00	Officer Director	$117,600	$0	$117,600
WENDY Y LI	SECRETARY	040.00	Officer Director	$96,000	$0	$96,000
STELLA M LEE	CHIEF FINANCIAL OFFICER	040.00	Officer Director	$96,000	$0	$96,000
WEI WANG	BOARD MEMBER	006.00	Director	$25,500	$0	$25,500
PAUL HUNGJIEN CHU TO MARCH 2024	BOARD MEMBER	006.00	Director	$7,500	$0	$7,500

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	$2,007,995	$2,254,379	$847,913	$-246,384
2023	$2,029,018	$2,228,098	$1,102,810	$-199,080
2022	$2,038,542	$2,203,233	$1,158,617	$-164,691
2021	$2,381,185	$1,829,476	$1,298,915	$551,709
2020	$2,074,552	$1,714,380	$957,256	$360,172
2019	$1,901,780	$1,801,611	$498,894	$100,169
2018	$1,876,550	$1,707,624	$546,303	$168,926

WYNKS CORPORATION