WECA HEALTH AND WELFARE TRUST (EIN 680451534) - 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

1992

Legal Domicile

Principal Officer

JAY TAYLOR

Phone

9164530112

Tax Period

2023-09-01 to 2024-08-31

WECA HEALTH AND WELFARE TRUST, founded in 1992, is a community nonprofit in the Mutual Benefit sector that reported $7.3M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $7.0M left a modest 4% surplus.

Mission

EMPLOYEE HEALTH AND OTHER BENEFITS

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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 $50,000

Program Service Revenue $6,809,434

Investment Income $324,037

Other Revenue $72,212

TOTAL REVENUE $7,255,683

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $370,681

TOTAL EXPENSES $6,989,484

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,255,683	$6,019,071	+0.2%
Expenses	$6,989,484	$5,585,923	+0.3%
Net Income	$266,199	$433,148	-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

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

$375,347

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLINTON ALESSANDRO	CHAIRMAN (THRU DEC 2023)	1.00	Officer Director	$0	$0	$0
JAY TAYLOR	CHAIRMAN (AS OF JAN 2024)	1.00	Officer Director	$0	$0	$0
JAY TAYLOR	TRUSTEE (THRU DEC 2023)	1.00	Director	$0	$0	$0
JEREMY ALESSANDRO	TRUSTEE	1.00	Director	$0	$0	$0
NATHAN GOSINK	TRUSTEE	1.00	Director	$0	$0	$0
DUSTIN PHILLIPS	TRUSTEE	1.00	Director	$0	$0	$0
TERRY SEABURY	EXECUTIVE DIRECTOR (THRU MARCH 2024)	1.00	Officer	$0	$9,255	$243,870
DON BLACK	EXECUTIVE DIRECTOR (AS OF MARCH 2024)	1.00	Officer	$0	$18,144	$131,477

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	$7,255,683	$6,989,484	$6,829,784	$266,199
2023	$6,019,071	$5,585,923	$5,826,307	$433,148
2022	$5,920,220	$4,939,806	$5,059,555	$980,414
2021	$5,636,322	$5,795,291	$4,515,023	$-158,969
2020	$5,545,155	$5,549,304	$4,512,104	$-4,149
2019	$4,925,865	$5,115,104	$4,152,963	$-189,239
2018	$4,622,429	$4,779,488	$4,288,219	$-157,059

WECA HEALTH AND WELFARE TRUST