BYRON WELLNESS SYSTEM INC (EIN 475285597) - 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

2015

Legal Domicile

Phone

2606373166

Tax Period

2023-01-01 to 2023-12-31

BYRON WELLNESS SYSTEM INC, founded in 2015, is a small nonprofit in the Health Care sector that reported $190K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $341K exceeded revenue, resulting in a 79% operating deficit.

Mission

TO SUPPORT AND/OR DEVELOP EDUCATIONAL PROGRAMS, SCIENTIFIC RESEARCH, HUMAN SERVICE PROGRAMS, AND OTHER CHARITABLE ACTIVITIES IN PROMOTION OF SUPPORTED ORGANIZATION.

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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 $0

Program Service Revenue $37,128

Investment Income $153,268

Other Revenue $0

TOTAL REVENUE $190,396

Expense Breakdown

Grants Paid $0

Salaries & Benefits $334,021

Fundraising Expenses $0

Program Expenses $250,516

Other Expenses $6,823

TOTAL EXPENSES $340,844

Year-over-Year Comparison

	2023	2022	Change
Revenue	$190,396	$163,499	+0.2%
Expenses	$340,844	$409,320	-0.2%
Net Income	$-150,448	$-245,821	-0.4%

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

$627,865

Total Directors

$260,399

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Board Member	2.0	Officer Director	$0	$0	$0
N/A	Board Chair	2.0	Officer Director	$0	$0	$0
N/A	Chief Executive Officer	45.0	Officer Director	$214,025	$11,463	$260,399
N/A	Vice Chair	2.0	Officer Director	$0	$0	$0
N/A	Secretary/Treasurer	2.0	Officer Director	$0	$0	$0
N/A	Board Member	2.0	Officer Director	$0	$0	$0
N/A	Chief Financial Officer	20.0	Officer	$70,493	$13,714	$182,706
N/A	Chief Operating Officer	55.0	Officer	$27,047	$8,511	$184,760

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	No data	No data	No data	No data
2023	$190,396	$340,844	$2,997,159	$-150,448
2022	$163,499	$409,320	$2,837,398	$-245,821
2021	$236,595	$453,618	$3,436,835	$-217,023
2020	$178,696	$330,190	$3,476,271	$-151,494
2019	$178,228	$280,380	$3,530,043	$-102,152
2018	$357,185	$251,056	$3,413,894	$106,129

BYRON WELLNESS SYSTEM INC