Thomas H Wernsing Wig Relief Foundation Inc

EIN: 473606121 501(c)(3)

Bowling Green, KY

Total Revenue
$971
Total Expenses
$1,004
Total Assets
$1,441
Net Assets
$1,441
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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
2015
Legal Domicile
KY
Principal Officer
Cris Baker
Tax Period
2021-01-01 to 2021-12-31

Thomas H Wernsing Wig Relief Foundation Inc, founded in 2015, is a micro nonprofit that reported $971 in total revenue in fiscal year 2021. Revenue fell 60% from the prior year — a significant decline worth monitoring.

Mission

Purpose is to provide wigs at no or low cost to chemotherapy patients.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $971
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $971

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $1,004
TOTAL EXPENSES $1,004

Year-over-Year Comparison

2021 2020 Change
Revenue $971 $2,450 -0.6%
Expenses $1,004 $1,742 -0.4%
Net Income $-33 $708 -1.0%
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

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Governance

Voting Members
3
Independent Members
3
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cris Baker Director 010.00
Director
$0 $0 $0
Stephen A Baker Trustee 001.00
Director
$0 $0 $0
Jane Wernsing Trustee 001.00
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
2021 $971 $1,004 $1,441 $-33
2020 $2,450 $1,742 $1,513 $708
2019 $1,502 $3,668 $1,441 $-2,166
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