WAYNE ACTION GROUP FOR ECONOMIC SO… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Phone

9197341178

Tax Period

2024-07-01 to 2025-06-30

WAYNE ACTION GROUP FOR ECONOMIC SOLVENCY INC, founded in 1966, is a mid-sized nonprofit in the Human Services sector that reported $17.8M in total revenue in fiscal year 2024.

Mission

WAGES PROVIDES OPPORTUNITIES AND SERVICES TO IMPROVE THE QUALITY OF LIFE IN THE COMMUNITIES WE SERVE. WE BELIEVE EVERYONE HAS THE OPPORTUNITY TO ACHIEVE THEIR OPTIMAL POTENTIAL.

Program Service Accomplishments

Program 1

Expenses: $12,897,902

HEAD START/EARLY HEAD START (HS/EHS)PROGRAMS ARE DESIGNED TO PROMOTE EARLY CHILDHOOD DEVELOPMENT AND EDUCATION, BEGINNING IN THE EARLY LEARNING STAGES FOR INFANTS AND TODDLERS (BIRTH-TO-2 YEARS-OLD), AND PRESCHOOLERS (3-5 YEARS-OLD). HS/EHS SERVICES SUPPORT THE PHYSICAL, DEVELOPMENTAL, AND SOCIAL-EMOTIONAL NEEDS OF CHILDREN THAT ARE ELIGIBLE FOR ENROLLMENT IN THE PROGRAM. PROVISIONS ARE MADE FOR CHILDREN IN FOSTER CARE, CHILDREN WITH SPECIAL NEEDS, AND ALSO, CHILDREN IN HOMELESS SITUATIONS. COMPREHENSIVE SERVICES FOR HS/EHS CHILDREN INCLIDE DEVELOPMENTAL AND BEHAVIORAL SCREENINGS, HEALTH ASSESSMENTS (INCLUDING DENTAL), FAMILY SERVICES, AND COMMUNITY RESOURCES. RECRUITMENT AND ENROLLMENT ACTIVITIES ARE ON-GOING.

Program 2

Expenses: $2,266,281

POWER TO HELP A CHILD WHO NEEDS THEM. THE SENIOR COMPANION PROGRAM AND FOSTER GRANDPARENT PROGRAM SERVE WAYNE AND WILSON COUNTIES.

Program 3

Expenses: $1,689,425

NUTRITIONS-SERVES MEALS AT CONGREGATE SITES TO AGE-ELIGIBLE CITIZENS. PRIORITY IS BASED ON AGE, INCOME, AND DISABILITY. THE RECIPIENTS MUST BE PHYSICALLY ABLE TO PARTICIPATE AT A CONGREGATE SITE...

NUTRITIONS-SERVES MEALS AT CONGREGATE SITES TO AGE-ELIGIBLE CITIZENS. PRIORITY IS BASED ON AGE, INCOME, AND DISABILITY. THE RECIPIENTS MUST BE PHYSICALLY ABLE TO PARTICIPATE AT A CONGREGATE SITE WHERE THEY GET A HOT MEAL, HAVE EDUCATIONAL OPPORTUNITIES AND GET SOCIAL INTERACTION. THERE ARE ALSO HOME DELIVERED MEALS WHICH ARE DELIVERED BY VOLUNTEERS TO RECIPIENTS WHO ARE AGE, INCOME AND DISABILITY ELIGIBLE AND NOT ABLE TO PREPARE AT LEAST ONE MEAL PER DAY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,773,423

Program Service Revenue $1,029,502

Investment Income $0

Other Revenue $0

TOTAL REVENUE $17,802,925

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,664,767

Fundraising Expenses $0

Program Expenses $17,731,187

Other Expenses $7,297,512

TOTAL EXPENSES $17,962,279

Year-over-Year Comparison

	2024	2023	Change
Revenue	$17,802,925	$17,671,559	+0.0%
Expenses	$17,962,279	$17,281,301	+0.0%
Net Income	$-159,354	$390,258	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

274

Volunteers

100

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

$317,794

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA BEIER	CHIEF EXECUTIVE OFFICER	40.00	Officer	$179,457	$28,157	$207,614
WILLIAM COSNER	CHIEF FINANCIAL OFFICER	40.00	Officer	$110,180	$0	$110,180
DERRICK CREECH	BOARD MEMBER	0.50	Director	$0	$0	$0
LOUISE FAISON	BOARD MEMBER	0.50	Director	$0	$0	$0
NONA SHERROD FULLER	BOARD MEMBER	0.50	Director	$0	$0	$0
MICHAEL JORDAN	BOARD MEMBER	0.50	Director	$0	$0	$0
MICAH MOORING	BOARD MEMBER	0.50	Director	$0	$0	$0
EDWARD CROMARTIE	BOARD MEMBER	0.50	Director	$0	$0	$0
NINA WILLIAMS	BOARD MEMBER	0.50	Director	$0	$0	$0
BEVAN FOSTER	BOARD MEMBER	0.50	Director	$0	$0	$0
EDDIE YELVERTON	BOARD MEMBER	0.50	Director	$0	$0	$0
CONNIE WELLS	BOARD MEMBER	0.50	Director	$0	$0	$0
DON CHATMAN	TREASURER	1.50	Officer Director	$0	$0	$0
NANCY REYES	SECRETARY	0.50	Officer Director	$0	$0	$0
TIM HARRELL	PRESIDENT	0.50	Officer Director	$0	$0	$0
COMATHA B JOHNSON	FIRST VICE-PRESIDENT	0.50	Officer Director	$0	$0	$0
PATRICIA PFEIFFER	SECOND VICE-PRESIDENT	0.50	Officer 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	$17,802,925	$17,962,279	$8,786,010	$-159,354
2024	$17,671,559	$17,281,301	$9,026,315	$390,258
2023	$16,504,192	$15,369,188	$8,640,643	$1,135,004
2022	$15,964,500	$14,870,664	$7,305,016	$1,093,836
2021	$14,971,774	$14,202,875	$6,163,393	$768,899
2021	$14,453,222	$14,403,144	$4,759,761	$50,078
2020	$12,998,058	$12,956,773	$5,196,906	$41,285
2018	$12,563,206	$12,361,417	$5,304,364	$201,789

WAYNE ACTION GROUP FOR ECONOMIC SOLVENCY INC