WALTER REED SOCIETY INC

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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

1997

Legal Domicile

Principal Officer

JOHN WETTERAU

Phone

3015711580

Tax Period

2023-01-01 to 2023-12-31

WALTER REED SOCIETY INC, founded in 1997, is a community nonprofit in the Health Care sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 289% from the prior year, signaling strong growth momentum. The organization ran a surplus of $884K, a strong 73% operating margin.

Mission

TO PROVIDE SUPPORT TO WOUNDED SOLDIERS AND THEIR FAMILIES AND MILITARY HEALTH FACILITIES IN THE NATIONAL CAPITAL REGION.

Program Service Accomplishments

Program 1

Expenses: $260,293 Revenue: $1,910

WARRIOR/FAMILY SUPPORT FUND (WFSF) - THROUGH THE GENEROUS SUPPORT OF CORPORATE AND PRIVATE DONORS, A FUND WAS ESTABLISHED IN 2004 TO ASSIST SERVICEMEN AND WOMEN BEING TREATED AT WRNMMC DUE TO SERVICE IN IRAQ, AFGHANISTAN AND SURROUNDING AREAS. THE FUND HELPS THESE INDIVIDUALS WITH UNEXPECTED FINANCIAL NEEDS; AND PROVIDES THEM WITH SPECIALLY IDENTIFIED EQUIPMENT AND SERVICES RELATED TO THEIR CARE WHEN OTHER RESOURCES ARE NOT AVAILABLE. THE SOCIETY EXPANDED IN 2020, TO INCLUDE MILITARY FACILITIES IN THE NATIONAL CAPITAL REGION. SINCE ITS INCEPTION, HUNDREDS OF SERVICE MEMBERS AND/OR THEIR FAMILIES HAVE RECEIVED ASSISTANCE FROM THE SOCIETY WARRIOR/FAMILY SUPPORT FUND.

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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 $1,117,744

Program Service Revenue $1,180

Investment Income $99,032

Other Revenue $730

TOTAL REVENUE $1,218,686

Expense Breakdown

Grants Paid $228,022

Salaries & Benefits $0

Fundraising Expenses $1,312

Program Expenses $260,293

Other Expenses $106,489

TOTAL EXPENSES $334,511

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,218,686	$313,291	+2.9%
Expenses	$334,511	$253,561	+0.3%
Net Income	$884,175	$59,730	+13.8%

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

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
COL JOHN PIERCE RET	PRESIDENT	2.00	Officer Director	$0	$0	$0
COL BRIAN FOLEY RET	1ST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
LTC JOHN WETTERAU RET	TREASURER	10.00	Officer Director	$0	$0	$0
COL R EDWARD COLL	SECRETARY	1.00	Officer Director	$0	$0	$0
SGM DANIEL BULLIS RET	VP FOR PATIENT SERVICES	1.50	Director	$0	$0	$0
COL R S AVERY DAVIS	VP FOR PROJECTS	1.00	Director	$0	$0	$0
CSM RICARDO ALCANTARA RET	VP COMMUNICATIONS	1.00	Director	$0	$0	$0
COL GEORGE TURIANSKY RET	VP FOR MEMBERSHIP UNTIL MAY 2023	0.50	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
2024	No data	No data	No data	No data
2023	$1,218,686	$334,511	$3,225,065	$884,175
2022	$313,291	$253,561	$2,309,360	$59,730
2021	$1,186,791	$200,222	$2,467,765	$986,569
2020	$222,076	$217,050	$1,499,698	$5,026
2019	$299,986	$168,160	$1,481,498	$131,826
2018	$207,064	$164,243	$1,286,253	$42,821