THE VOLUNTEERS AT WAKEMED RALEIGH CAMPUS (EIN 560749114) - 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

1996

Legal Domicile

Phone

9193508005

Tax Period

2022-10-01 to 2023-09-30

THE VOLUNTEERS AT WAKEMED RALEIGH CAMPUS, founded in 1996, is a micro nonprofit in the Health Care sector that reported $25K in total revenue in fiscal year 2022. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $66K exceeded revenue, resulting in a 164% operating deficit.

Mission

THE MEMBERSHIP OF THE CORPORATION SHALL BE OPEN TO ALL PERSONS WHO ARE INTERESTED IN WAKEMED AND ITS CHARITABLE, EDUCATIONAL AND SCIENTIFIC PROGRAMS, AND WHO ARE WILLING TO ASSIST WAKEMED IN FURTHERANCE OF SUCH PROGRAMS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $237

Program Service Revenue $8,045

Investment Income $2,834

Other Revenue $13,950

TOTAL REVENUE $25,066

Expense Breakdown

Grants Paid $63,415

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $63,415

Other Expenses $2,643

TOTAL EXPENSES $66,058

Year-over-Year Comparison

	2022	2021	Change
Revenue	$25,066	$43,503	-0.4%
Expenses	$66,058	$59,408	+0.1%
Net Income	$-40,992	$-15,905	+1.6%

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

534

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
N/A	Secretary & Board Member	2.0	Officer Director	$0	$0	$0
N/A	Vice Chair & Board Member	2.0	Officer Director	$0	$0	$0
N/A	Treasurer & Board Member	2.0	Officer Director	$0	$0	$0
N/A	Chair & Board Member	2.0	Officer Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Board Member	2.0	Director	$0	$0	$0
N/A	Board Member	2.0	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
2023	$25,066	$66,058	$139,428	$-40,992
2022	$43,503	$59,408	$158,631	$-15,905
2021	$43,065	$24,146	$171,382	$18,919
2020	$39,965	$46,270	$118,367	$-6,305

THE VOLUNTEERS AT WAKEMED RALEIGH CAMPUS