WESLEY COMMONS

EIN: 570524661 501(c)(3) Human Services

GREENWOOD, SC

Total Revenue
$24,923,969
Total Expenses
$26,788,065
Total Assets
$67,245,738
Net Assets
$-4,890,593
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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
1969
Legal Domicile
SC
Principal Officer
DAVID BUCKSHORN
Phone
8642277250
Tax Period
2022-10-01 to 2023-09-30

WESLEY COMMONS, founded in 1969, is a mid-sized nonprofit in the Human Services sector that reported $24.9M in total revenue in fiscal year 2022.

Mission

ENRICHING LIVES BY PROVIDING INNOVATIVE LIVING OPPORTUNITIES IN ACCORD WITH CHRISTIAN PRINCIPLES.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $593,111
Program Service Revenue $23,900,241
Investment Income $430,617
Other Revenue $0
TOTAL REVENUE $24,923,969

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,915,094
Fundraising Expenses $128,955
Program Expenses $20,109,734
Other Expenses $14,872,971
TOTAL EXPENSES $26,788,065

Year-over-Year Comparison

2022 2021 Change
Revenue $24,923,969 $23,400,470 +0.1%
Expenses $26,788,065 $26,297,940 +0.0%
Net Income $-1,864,096 $-2,897,470 -0.4%
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

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Governance

Voting Members
11
Independent Members
11
Employees
488
Volunteers
69

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
4
$905,917
Total Directors
11
$0
Key Employees
2
$377,255
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MS MELISSA BAIN TRUSTEE 0.20
Director
$0 $0 $0
DR WALLACE L FRIDY TRUSTEE 0.20
Director
$0 $0 $0
THE REVEREND MICHAEL GUFFEE TRUSTEE 0.20
Director
$0 $0 $0
MR DAVIS HOOK TRUSTEE 0.20
Director
$0 $0 $0
MR WELBORN ADAMS TRUSTEE 0.20
Director
$0 $0 $0
MR JAMES MEDFORD TRUSTEE 0.20
Director
$0 $0 $0
MR RONNIE MILLENDER TRUSTEE 0.20
Director
$0 $0 $0
MS BONNIE M BOO RAMAGE TRUSTEE 0.20
Director
$0 $0 $0
MS LAURIE SMITH TRUSTEE 0.20
Director
$0 $0 $0
THE REVEREND JEFFREY CHILDRESS SECRETARY 0.20
Officer Director
$0 $0 $0
THE REVEREND R WAYNE HORNE CHAIRMAN 0.20
Officer Director
$0 $0 $0
MR DAVID B BUCKSHORN PRESIDENT/CEO 55.00
Officer
$530,650 $45,508 $576,158
MS SUSAN CRIBBS CFO 50.00
Officer
$283,339 $46,420 $329,759
MS KIM HOLMES MOODY VP OF OPERATIONS 50.00
Key Emp
$186,600 $13,411 $200,011
MR ROBERT C REAGIN VP OF BUSINESS DEVELOPMENT 40.00
Key Emp
$161,074 $16,170 $177,244
MR KENNETH MCCLENDON RETIREMENT COUNSELOR 40.00
Highest
$120,247 $9,793 $130,040
MS WANDA DODGEN DIRECTOR OF NURSING 40.00
Highest
$100,521 $8,720 $109,241
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
2024 No data No data No data No data
2023 $24,923,969 $26,788,065 $67,245,738 $-1,864,096
2022 $23,400,470 $26,297,940 $67,052,750 $-2,897,470
2021 $24,864,404 $23,888,259 $75,164,414 $976,145
2020 $22,622,993 $22,274,633 $73,787,602 $348,360
2019 $20,979,376 $22,040,283 $72,174,278 $-1,060,907
2018 $21,263,478 $20,541,385 $72,528,887 $722,093
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