JOHN HOUSTON WEAR JR FOUNDATION (EIN 646150374) - 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

1973

Legal Domicile

Principal Officer

REGIONS BANK TRUSTEE

Phone

6017908153

Tax Period

2023-01-01 to 2023-12-31

JOHN HOUSTON WEAR JR FOUNDATION, founded in 1973, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $87K in total revenue in fiscal year 2023. Revenue surged 84% from the prior year, signaling strong growth momentum. Expenses of $107K exceeded revenue, resulting in a 23% operating deficit.

Mission

THE FOUNDATION IS A SUPPORTING ORGANIZATION AS DEFINED IN INTERNAL REVENUE CODE 509(A)(3) AND SUPPORTS THREE 501 (C)(3) EDUCATIONAL ORGANIZATIONS.

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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 $0

Program Service Revenue $0

Investment Income $87,170

Other Revenue $0

TOTAL REVENUE $87,170

Expense Breakdown

Grants Paid $91,695

Salaries & Benefits $13,223

Fundraising Expenses $0

Program Expenses $91,695

Other Expenses $2,304

TOTAL EXPENSES $107,222

Year-over-Year Comparison

	2023	2022	Change
Revenue	$87,170	$47,454	+0.8%
Expenses	$107,222	$90,033	+0.2%
Net Income	$-20,052	$-42,579	-0.5%

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

N/A

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
WHITNEY EMRICH	DIRECTOR	0.50	Director	$0	$0	$0
JESSICA SHORT	DIRECTOR	0.50	Director	$0	$0	$0
SHERRY RUSSUM	DIRECTOR	0.50	Director	$0	$0	$0
PHILIP BLAYLOCK	DIRECTOR	0.50	Director	$0	$0	$0
KIDADA RICE-LARRY	DIRECTOR	0.50	Director	$0	$0	$0
REGIONS BANK TRUSTEE	TRUSTEE	40.00		$13,223	$0	$13,223

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	$87,170	$107,222	$1,341,876	$-20,052
2022	$47,454	$90,033	$1,361,900	$-42,579
2021	$94,103	$99,266	$1,404,479	$-5,163
2020	$87,801	$93,983	$1,410,833	$-6,182
2019	$52,132	$90,472	$1,417,015	$-38,340
2018	$95,646	$90,460	$1,455,355	$5,186

JOHN HOUSTON WEAR JR FOUNDATION