THE WELD TRUST

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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

1984

Legal Domicile

Principal Officer

TOM GRANT

Phone

9703506052

Tax Period

2024-01-01 to 2024-12-31

THE WELD TRUST, founded in 1984, is a mid-sized nonprofit in the Health Care sector that reported $35.2M in total revenue in fiscal year 2024. Revenue surged 167% from the prior year, signaling strong growth momentum. Expenses of $56.9M exceeded revenue, resulting in a 61% operating deficit.

Mission

THE WELD TRUST AWARDS GRANTS RELATED TO HEALTH AND EDUCATION TO NONPROFITS, SCHOOLS AND GOVERNMENT ENTITIES TO ENHANCE THE LIVES OF WELD COUNTY RESIDENTS.

Program Service Accomplishments

Program 1

Expenses: $51,734,407

THE WELD TRUST AWARDS GRANTS RELATED TO HEALTH AND EDUCATION TO NONPROFITS, SCHOOLS AND GOVERNMENT ENTITIES TO ENHANCE THE LIVES OF WELD COUNTY RESIDENTS.

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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 $34,894,284

Other Revenue $335,980

TOTAL REVENUE $35,230,264

Expense Breakdown

Grants Paid $51,734,407

Salaries & Benefits $1,891,231

Fundraising Expenses $0

Program Expenses $51,734,407

Other Expenses $3,237,087

TOTAL EXPENSES $56,862,725

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,230,264	$13,215,829	+1.7%
Expenses	$56,862,725	$20,042,722	+1.8%
Net Income	$-21,632,461	$-6,826,893	+2.2%

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

$224,068

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM GRANT	PRESIDENT & CHAIR	1.00	Officer Director	$0	$0	$0
BRANDON HOUTCHENS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT MURPHY	TREASURER	1.00	Officer Director	$0	$0	$0
MARK LAWLEY	SECRETARY	1.00	Officer Director	$0	$0	$0
VICKI WILSON PHD RN	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SIMONE	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS GILLMORE	DIRECTOR	1.00	Director	$0	$0	$0
ROSE STOLLER	DIRECTOR	1.00	Director	$0	$0	$0
JASON YEATER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN DOLLARHIDE	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY BRYNTESON	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY CARLSON	CHIEF EXECUTIVE OFFICER	32.00	Officer	$199,592	$24,476	$224,068
MIKE BOND	CHIEF OPERATING OFFICER	32.00	Highest	$168,366	$30,447	$198,813
RAMON SERRANO	CHIEF FINANCIAL OFFICER(THRU NOV)	32.00	Highest	$177,736	$50,095	$227,831
RHONDA MOREHEAD	DIRECTOR OF COMMUNICATIONS	32.00	Highest	$146,031	$35,027	$181,058
KYLE HOLMAN	DIRECTOR OF HEALTH GRANTS	40.00	Highest	$156,659	$49,131	$205,790
DOUG ELLIOT	DIRECTOR OF EDUCATION GRANTS	36.00	Highest	$128,449	$46,801	$175,250

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	$35,230,264	$56,862,725	$578,882,286	$-21,632,461
2023	$13,215,829	$20,042,722	$550,587,263	$-6,826,893
2022	$14,144,129	$18,928,462	$511,590,784	$-4,784,333
2021	$43,603,938	$17,185,791	$583,105,171	$26,418,147
2020	$29,341,984	$13,968,923	$536,288,885	$15,373,061
2018	$50,399,757	$39,085,222	$517,076,662	$11,314,535