WNC Health Network Inc (EIN 561889715) - 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

1995

Legal Domicile

Principal Officer

Erin Braasch

Phone

8286678220

Tax Period

2024-10-01 to 2025-09-30

WNC Health Network Inc, founded in 1995, is a community nonprofit in the Health Care sector that reported $1.4M in total revenue in fiscal year 2024. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $1.3M left a modest 12% surplus.

Mission

WNC Health Network, Inc supports people and organizations to improve community health and wellbeing across Western North Carolina.

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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 (2024)

Revenue Breakdown

Contributions & Grants $781,264

Program Service Revenue $216,898

Investment Income $451,209

Other Revenue $0

TOTAL REVENUE $1,449,371

Expense Breakdown

Grants Paid $0

Salaries & Benefits $275,433

Fundraising Expenses $0

Program Expenses $961,519

Other Expenses $996,559

TOTAL EXPENSES $1,271,992

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,449,371	$2,117,913	-0.3%
Expenses	$1,271,992	$2,120,965	-0.4%
Net Income	$177,379	$-3,052	-59.1%

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

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

$133,673

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Amy Thompto	Chair	1.50	Officer Director	$0	$0	$0
Patrick Baron	Vice Chair	1.50	Officer Director	$0	$0	$0
Benjamin Harrison	Secretary	1.50	Officer Director	$0	$0	$0
Elaine Russell	Board member	1.00	Director	$0	$0	$0
Gibbie Harris	Board member	1.00	Director	$0	$0	$0
Ameena Batada	Treasurer	1.50	Officer Director	$0	$0	$0
Erin Braasch	Executive director	40.00	Officer	$106,090	$27,583	$133,673

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	$1,449,371	$1,271,992	$5,297,588	$177,379
2024	$2,117,913	$2,120,965	$4,955,058	$-3,052
2023	$1,438,318	$1,347,908	$4,389,418	$90,410
2022	$544,779	$1,086,610	$4,051,990	$-541,831
2021	$2,016,600	$1,474,404	$5,466,456	$542,196
2020	$4,358,587	$696,462	$4,960,569	$3,662,125
2019	$727,749	$866,303	$3,822,365	$-138,554
2018	$779,386	$850,621	$3,401,784	$-71,235

WNC Health Network Inc