FRIENDS OF WELLSROBERTSON HOUSE INC (EIN 521833971) - 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

1993

Legal Domicile

Principal Officer

RENEE NICOLOSI

Phone

3012586310

Tax Period

2023-07-01 to 2024-06-30

FRIENDS OF WELLSROBERTSON HOUSE INC, founded in 1993, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $46K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. The organization ran a surplus of $36K, a strong 77% operating margin.

Mission

THE MISSION IS TO SUPPORT INDEPENDENTLY AND COLLABORATIVELY, A CONTINUM OF PREVENTION AND INTERVENTION PROGRAMS AND SERVICES TO REDUCE CHRONIC ADDICITION AND HOMELESSNESS IN THE GAITHERSBURG, MARYLAND COMMUNITY.

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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 $0

Investment Income $46,180

Other Revenue $0

TOTAL REVENUE $46,180

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,322

Other Expenses $10,495

TOTAL EXPENSES $10,495

Year-over-Year Comparison

	2023	2022	Change
Revenue	$46,180	$52,318	-0.1%
Expenses	$10,495	$19,636	-0.5%
Net Income	$35,685	$32,682	+0.1%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIMMIE FRAZIER-BEY	DIVISION MANAGER	2.00	Director	$0	$0	$0
RENEE NICOLOSI	PRESIDENT	5.00	Officer	$0	$0	$0
STEPHEN TRACY	TREASURER	5.00	Officer	$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
2024	$46,180	$10,495	$1,134,753	$35,685
2023	$52,318	$19,636	$1,051,239	$32,682
2022	$74,857	$10,468	$1,031,933	$64,389
2021	$60,252	$11,971	$1,104,480	$48,281
2020	$66,150	$14,806	$871,404	$51,344
2019	$63,213	$19,429	$876,812	$43,784
2018	$62,009	$18,286	$830,928	$43,723

FRIENDS OF WELLSROBERTSON HOUSE INC