WAYNE ACTION GROUP FOR ECONOMIC SOLVENCY INC (EIN 566070824) - 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

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.

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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 $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

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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

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