WILKES ADULT DEVELOPMENTAL ACTIVITIES PROGRAM INC (EIN 561158621) - 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

1975

Legal Domicile

Principal Officer

ROBIN WHITTINGTON

Phone

3366671800

Tax Period

2023-07-01 to 2024-06-30

WILKES ADULT DEVELOPMENTAL ACTIVITIES PROGRAM INC, founded in 1975, is a small nonprofit in the Employment sector that reported $225K in total revenue in fiscal year 2023. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $394K exceeded revenue, resulting in a 75% operating deficit.

Mission

THE ORGANIZATION PROVIDES TRAINING AND WORK PROGRAMS FOR PHYSICALLY AND/OR MENTALLY HANDICAPPED ADULTS OF WILKES COUNTY, NC. AVERAGE ENROLLMENT = 40

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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 $96,160

Program Service Revenue $69,589

Investment Income $6

Other Revenue $59,357

TOTAL REVENUE $225,112

Expense Breakdown

Grants Paid $0

Salaries & Benefits $308,719

Fundraising Expenses $0

Program Expenses $250,081

Other Expenses $85,612

TOTAL EXPENSES $394,331

Year-over-Year Comparison

	2023	2022	Change
Revenue	$225,112	$328,738	-0.3%
Expenses	$394,331	$351,403	+0.1%
Net Income	$-169,219	$-22,665	+6.5%

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

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

$118,804

Total Directors

$118,804

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBIN WHITTINGTON	EXECUTIVE DI	40.00	Officer Director	$60,076	$0	$60,076
CAROL BARNES	SEC/TREASURE	40.00	Officer Director	$58,728	$0	$58,728
EVAN HANDY	CHAIRPERSON	10.00	Director	$0	$0	$0
JENNY HIX	BOARD MEMBER	5.00	Director	$0	$0	$0
CRYSTAL HUFFMAN	BOARD MEMBER	5.00	Director	$0	$0	$0
DANNY JOHNSON	CHAIRPERSON	10.00	Director	$0	$0	$0
ARNOLD LAKEY	BOARD MEMBER	5.00	Director	$0	$0	$0
GERALD LANKFORD	CHAIRPERSON	10.00	Officer Director	$0	$0	$0
WANDA PARDUE	BOARD MEMBER	5.00	Director	$0	$0	$0
CHRISTY PERRY	BOARD MEMBER	5.00	Director	$0	$0	$0
ALLISON PHILLIPS	BOARD MEMBER	5.00	Director	$0	$0	$0
CAROLINE RANDOLPH	BOARD MEMBER	5.00	Director	$0	$0	$0
BETTY THOMPSON	CHAIRPERSON	10.00	Director	$0	$0	$0
DON WILLIAMS	CHAIRPERSON	10.00	Director	$0	$0	$0
FRAN YORK	BOARD MEMBER	5.00	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
2025	No data	No data	No data	No data
2024	$225,112	$394,331	$123,753	$-169,219
2023	$328,738	$351,403	$297,742	$-22,665
2022	$349,604	$339,189	$319,964	$10,415
2021	$379,403	$318,513	$319,826	$60,890
2020	$483,619	$392,906	$260,204	$90,713
2019	$458,969	$424,480	$168,713	$34,489

WILKES ADULT DEVELOPMENTAL ACTIVITIES PROGRAM INC