WMEG INC (EIN 471818258) - 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

2014

Legal Domicile

Principal Officer

Jeffrey Sterling

Tax Period

2022-01-01 to 2022-12-31

WMEG INC, founded in 2014, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2022. Revenue surged 805% from the prior year, signaling strong growth momentum. Expenses of $1.2M exceeded revenue, resulting in a 14% operating deficit.

Mission

Providing resources for cultural events

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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 $0

Program Service Revenue $1,085,809

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,085,809

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,081,550

Other Expenses $1,236,499

TOTAL EXPENSES $1,236,499

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,085,809	$119,913	+8.1%
Expenses	$1,236,499	$111,283	+10.1%
Net Income	$-150,690	$8,630	-18.5%

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

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeffrey Sterling	Chief Executive Officer	15.00	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
2022	$1,085,809	$1,236,499	$127,261	$-150,690
2021	$107,882	$118,216	$80,794	$-10,334
2020	$119,913	$111,283	$78,901	$8,630
2019	$281,975	$262,540	$62,969	$19,435
2018	$220,728	$253,158	$-14,002	$-32,430

WMEG INC