Wood College Inc (EIN 640303094) - 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

1979

Legal Domicile

Phone

9314167777

Tax Period

2024-07-01 to 2025-06-30

Wood College Inc, founded in 1979, is a micro nonprofit in the Education sector that reported $2K in total revenue in fiscal year 2024. Expenses of $28K exceeded revenue, resulting in a 1078% operating deficit.

Mission

Collegiate Education in prior years now in process of converting to college scholarship foundation.

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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 $0

Program Service Revenue $0

Investment Income $2,344

Other Revenue $0

TOTAL REVENUE $2,344

Expense Breakdown

Grants Paid $25,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $25,000

Other Expenses $2,615

TOTAL EXPENSES $27,615

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,344	$2,344	N/A
Expenses	$27,615	$27,597	+0.0%
Net Income	$-25,271	$-25,253	+0.0%

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	Role	Reportable Comp	Other Comp	Total
Julia Elllis	Trustee	Director	$0	$0	$0
Rev Carl Grubbs	Trustee	Director	$0	$0	$0
David Stotts CPA	Ex Officio	Officer Director	$0	$0	$0
Rev S Andrew Ray	Trustee	Director	$0	$0	$0
Rev Embra Jackson	Trustee	Director	$0	$0	$0
Connie Christian Marion	President	Officer Director	$0	$0	$0
Rev John Moore	Trustee	Director	$0	$0	$0
Bobby G Sacus	Trustee	Director	$0	$0	$0
Bishiop James Swanson Sr	Trustee	Director	$0	$0	$0
Rev Bob Whiteside	Trustee	Director	$0	$0	$0
Phillip K Williams	Trustee	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	$2,344	$27,615	$827,377	$-25,271
2024	$5,325	$28,852	$787,558	$-23,527
2023	$8,788	$26,015	$753,361	$-17,227
2022	$2,978	$53,661	$685,434	$-50,683
2021	$11,207	$26,870	$850,576	$-15,663
2020	$21,493	$25,000	$823,609	$-3,507
2019	$20,719	$29,839	$827,116	$-9,120

Wood College Inc