WESLEYAN HERITAGE COMMUNITY INC

EIN: 521278536 501(c)(3)

DENTON, MD

Total Revenue
$1,600,979
Total Expenses
$2,250,748
Total Assets
N/A
Net Assets
N/A
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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
1982
Legal Domicile
MD
Principal Officer
DR MARVIN NIELSEN
Phone
4104794404
Tax Period
2019-01-01 to 2019-12-31

WESLEYAN HERITAGE COMMUNITY INC, founded in 1982, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2019. Revenue surged 454% from the prior year, signaling strong growth momentum. Expenses of $2.3M exceeded revenue, resulting in a 41% operating deficit.

Mission

PROVIDE INDEPENDENT LIVING FOR THE ELDERLY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $25,404
Investment Income $1,575,575
Other Revenue $0
TOTAL REVENUE $1,600,979

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,135
Fundraising Expenses $0
Program Expenses $2,071,703
Other Expenses $2,235,613
TOTAL EXPENSES $2,250,748

Year-over-Year Comparison

2019 2018 Change
Revenue $1,600,979 $288,929 +4.5%
Expenses $2,250,748 $230,948 +8.7%
Net Income $-649,769 $57,981 -12.2%
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
6
Independent Members
6
Employees
3
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
4
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR MARVIN NIELSEN PRESIDENT 0.00
Officer Director
$0 $0 $0
WILLIAM JONES VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
BETTE HOPE SECRETARY 0.00
Officer Director
$0 $0 $0
WALTER WRIGHT TREASURER 0.00
Officer Director
$0 $0 $0
WILLIAM ARNOLD BOARD MEMBER 0.00
Director
$0 $0 $0
TANA KELLY BOARD MEMBER 0.00
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
2019 $1,600,979 $2,250,748 No data $-649,769
2018 $288,929 $230,948 $708,669 $57,981
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