THE WERTHING FOUNDATION

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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

2017

Legal Domicile

Principal Officer

GLORIA WERTHING REYNOLDS

Phone

2146363343

Tax Period

2022-01-01 to 2022-12-31

THE WERTHING FOUNDATION, founded in 2017, is a micro nonprofit in the Community Improvement sector that reported $26K in total revenue in fiscal year 2022. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $41K exceeded revenue, resulting in a 55% operating deficit.

Mission

To enhance and engage young people through a pro-active life skills approach to improve thier life skills.

Program Service Accomplishments

Program 1

Expenses: $40,968 Revenue: $26,391

The Foundation focused on delivering effective programs and services to women and girls for the next level of leadership. Werthing Foundation has partnered with over 30 major corporations and...

The Foundation focused on delivering effective programs and services to women and girls for the next level of leadership. Werthing Foundation has partnered with over 30 major corporations and community leaders to engage young people through pro-active life skills. By teaching them how to be productive in life. The Foundation is working to initiate their greater potential for personal and professional achievement.

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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 (2022)

Revenue Breakdown

Contributions & Grants $26,391

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $26,391

Expense Breakdown

Grants Paid $11,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,968

Other Expenses $29,718

TOTAL EXPENSES $40,968

Year-over-Year Comparison

	2022	2021	Change
Revenue	$26,391	$55,367	-0.5%
Expenses	$40,968	$34,199	+0.2%
Net Income	$-14,577	$21,168	-1.7%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLORIA WERTHING REYNOLDS	DIRECTOR	055.00	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
2022	$26,391	$40,968	$47,460	$-14,577
2021	$55,367	$34,199	$34,767	$21,168
2020	$30,110	$37,261	$13,599	$-7,151
2019	$78,200	$57,450	$20,750	$20,750