WESLEY SENIOR MINISTRIES INC (EIN 581897787) - 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

1990

Legal Domicile

Principal Officer

DONALD D OLLIO JR

Phone

9013804900

Tax Period

2023-07-01 to 2024-06-30

WESLEY SENIOR MINISTRIES INC, founded in 1990, is a small nonprofit in the Housing & Shelter sector that reported $919K in total revenue in fiscal year 2023. Revenue surged 515% from the prior year, signaling strong growth momentum. The organization ran a surplus of $721K, a strong 78% operating margin.

Mission

TO PROVIDE SERVICES TO THE ELDERLY IN ORDER TO ENHANCE PHYSICAL, PSYCHOLOGICAL, AND SPIRTUAL ASPECTS OF LIVING.

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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 $712,040

Program Service Revenue $181,626

Investment Income $11,333

Other Revenue $14,225

TOTAL REVENUE $919,224

Expense Breakdown

Grants Paid $0

Salaries & Benefits $128,804

Fundraising Expenses $0

Program Expenses $188,528

Other Expenses $69,435

TOTAL EXPENSES $198,239

Year-over-Year Comparison

	2023	2022	Change
Revenue	$919,224	$149,362	+5.2%
Expenses	$198,239	$138,840	+0.4%
Net Income	$720,985	$10,522	+67.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MS MARY LOU CUSHING	SECRETARY/TREASURER	2.00	Officer Director	$0	$0	$0
JENNIFER NORRIS	VICE CHAIRPERSON	2.00	Officer Director	$0	$0	$0
MR DWIGHT J DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
MS HOLLY MITCHENER	DIRECTOR	2.00	Director	$0	$0	$0
AMANDA WARD	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
CAROL AVENS	DIRECTOR	2.00	Director	$0	$0	$0
MEREDITH BINGHAM	DIRECTOR	2.00	Director	$0	$0	$0
PHYLLIS GAY	DIRECTOR	2.00	Director	$0	$0	$0
REV DAVID WEATHERLY	DIRECTOR	2.00	Director	$0	$0	$0
REV MELINDA BRITT	DIRECTOR	2.00	Director	$0	$0	$0
MR DONALD D OLLIO	CFO (NON-VOTING)	2.00	Officer	$0	$0	$0
MR RONALD W BUDYNAS	COO (NON-VOTING)	2.00	Officer	$0	$0	$0
BRIAN HARRIS	CEO (NON-VOTING)	2.00	Officer	$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	$919,224	$198,239	$1,352,967	$720,985
2023	$149,362	$138,840	$584,918	$10,522
2022	$161,609	$145,670	$567,668	$15,939
2021	$136,312	$91,922	$667,456	$44,390
2020	$134,170	$174,076	$624,416	$-39,906
2019	$730,637	$169,242	$664,242	$561,395
2018	$170,205	$160,703	$101,691	$9,502

WESLEY SENIOR MINISTRIES INC