WESLEY TOWERS INC (EIN 480803058) - 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

1973

Legal Domicile

Principal Officer

SUSAN KENSILL

Phone

6206639175

Tax Period

2023-07-01 to 2024-06-30

WESLEY TOWERS INC, founded in 1973, is a mid-sized nonprofit in the Human Services sector that reported $12.8M in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $14.5M exceeded revenue, resulting in a 13% operating deficit.

Mission

OPERATION OF A RETIREMENT COMPLEX FOR THE ELDERLY INCLUDING THE PROVIDING OF FACILITIES, SERVICES, HEALTHCARE, AND REHABILITATION FOR RESIDENTS.

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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 $39,709

Program Service Revenue $12,927,601

Investment Income $-160,990

Other Revenue $0

TOTAL REVENUE $12,806,320

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,846,045

Fundraising Expenses $0

Program Expenses $11,492,735

Other Expenses $6,674,917

TOTAL EXPENSES $14,520,962

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,806,320	$9,384,578	+0.4%
Expenses	$14,520,962	$12,082,483	+0.2%
Net Income	$-1,714,642	$-2,697,905	-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

270

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

$455,633

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CAROL BERGER	CHAIR	1.00	Officer Director	$0	$0	$0
GARTH STRAND	VICE CHAIR	1.00	Officer Director	$0	$0	$0
MIKE EVANS	TREASURER	1.00	Officer Director	$0	$0	$0
DARLA WILSON	SECRETARY	1.00	Officer Director	$0	$0	$0
REV DR DAVID WILSON	BISHOP	1.00	Officer Director	$0	$0	$0
LOWELL DOWNEY	RESIDENT REP.	1.00	Director	$0	$0	$0
BARBARA WITHROW	TRUSTEE	1.00	Director	$0	$0	$0
RON SELLERS	TRUSTEE	1.00	Director	$0	$0	$0
BRAD SCHEEL	TRUSTEE	1.00	Director	$0	$0	$0
LIZ PEIRCE	TRUSTEE	1.00	Director	$0	$0	$0
CRAIG HAUSCHILD	TRUSTEE	1.00	Director	$0	$0	$0
BILL HERMES	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL TOMSON-DEGREEFF	TRUSTEE	1.00	Director	$0	$0	$0
MARK MAINS	PRESIDENT/CEO	40.00	Officer	$178,536	$20,833	$199,369
SUSAN KENSILL	CFO	40.00	Officer	$133,224	$6,706	$139,930
NABEEL KHOKHAR	COO	40.00	Officer	$107,948	$8,386	$116,334

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
2025	No data	No data	No data	No data
2024	$12,806,320	$14,520,962	$24,112,835	$-1,714,642
2023	$9,384,578	$12,082,483	$24,458,202	$-2,697,905
2022	$9,600,315	$11,241,519	$25,371,582	$-1,641,204
2021	$11,341,740	$11,570,666	$28,417,938	$-228,926
2020	$10,547,382	$13,055,273	$28,226,875	$-2,507,891
2019	$12,018,913	$14,108,772	$29,693,442	$-2,089,859

WESLEY TOWERS INC