WESLEYAN HOME CARE INC (EIN 521384338) - 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

1984

Legal Domicile

Principal Officer

DR MARVIN NIELSEN

Phone

4104794404

Tax Period

2019-01-01 to 2019-12-31

WESLEYAN HOME CARE INC, founded in 1984, is a micro nonprofit that reported $14K in total revenue in fiscal year 2019. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $3.3M exceeded revenue, resulting in a 24026% operating deficit.

Mission

SUPPORT INDEPENDENCE, COMFORT, DIGNITY AND SAFETY IN A HOME LIKE SETTING FOR ALL LEVELS OF CARE ASSOCIATED WITH RETIREMENT LIVING.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $13,810

Other Revenue $0

TOTAL REVENUE $13,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,321,524

Other Expenses $3,331,842

TOTAL EXPENSES $3,331,842

Year-over-Year Comparison

	2019	2018	Change
Revenue	$13,810	$72,448	-0.8%
Expenses	$3,331,842	$19,655	+168.5%
Net Income	$-3,318,032	$52,793	-63.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DR MARVIN NIELSEN	PRESIDENT	Officer Director	$0	$0	$0
WILLIAM A JONES	VICE PRESIDENT	Officer Director	$0	$0	$0
BETTE HOPE	SECRETARY	Officer Director	$0	$0	$0
WALTER WRIGHT	TREASURER	Officer Director	$0	$0	$0
WILLIAM ARNOLD	BOARD MEMBER	Director	$0	$0	$0
TANA KELLY	BOARD MEMBER	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	$13,810	$3,331,842	No data	$-3,318,032
2018	$72,448	$19,655	$3,318,032	$52,793

WESLEYAN HOME CARE INC