WE CARE FOUNDATION INC (EIN 710705532) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

JOAN MCCOY

Phone

4794528944

Tax Period

2024-01-01 to 2024-12-31

WE CARE FOUNDATION INC, founded in 1991, is a micro nonprofit in the Youth Development sector that reported $32K in total revenue in fiscal year 2018. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $62K exceeded revenue, resulting in a 95% operating deficit.

Mission

PROVIDE SUPPORT FOR CHILDREN STRICKENED WITH CANCER AND OTHER BLOOD RELATED DISEASES AND THEIR FAMILIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,000

Program Service Revenue $0

Investment Income $30,201

Other Revenue $0

TOTAL REVENUE $35,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $5,600

Other Expenses $8,529

TOTAL EXPENSES $8,529

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,201	$30,563	+0.2%
Expenses	$8,529	$27,399	-0.7%
Net Income	$26,672	$3,164	+7.4%

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

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
ALLYN DONAUBAUER	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERTA ELLIOTT	SECRETARY	1.00	Officer Director	$0	$0	$0
JOAN MCCOY	TREASURER	3.00	Officer 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	No data	No data	No data	No data
2024	$35,201	$8,529	$401,221	$26,672
2023	$30,563	$27,399	$374,549	$3,164
2022	$29,170	$8,947	$371,385	$20,223
2021	$43,181	$9,259	$435,240	$33,922
2020	$64,633	$40,262	$401,318	$24,371
2019	$70,946	$51,318	$376,947	$19,628
2018	$32,112	$62,478	$357,648	$-30,366

WE CARE FOUNDATION INC