WHARTON CO JR COLLEGE FOUNDATION (EIN 746062916) - 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

1954

Legal Domicile

Principal Officer

GARY GILLEN

Phone

9795326304

Tax Period

2024-09-01 to 2025-08-31

WHARTON CO JR COLLEGE FOUNDATION, founded in 1954, is a small nonprofit that reported $846K in total revenue in fiscal year 2024. Revenue surged 152% from the prior year, signaling strong growth momentum. The organization ran a surplus of $296K, a strong 35% operating margin.

Mission

WHARTON COUNTY JUNIOR COLLEGE FOUNDATION WAS ESTABLISHED TO INCREASE COMMUNITY AWARENESS OF THE COLLEGE AND PROVIDE FINANCIAL SUPPORT TO ENHANCE ITS EDUCATIONAL PROGRAMS.

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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 $730,363

Program Service Revenue $0

Investment Income $50,961

Other Revenue $64,439

TOTAL REVENUE $845,763

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $378,169

Other Expenses $550,210

TOTAL EXPENSES $550,210

Year-over-Year Comparison

	2024	2023	Change
Revenue	$845,763	$334,982	+1.5%
Expenses	$550,210	$625,536	-0.1%
Net Income	$295,553	$-290,554	-2.0%

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

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
JONATHON JETER	DIRECTOR	40.00	Director	$0	$0	$0
GARY GILLEN	PRESIDENT	10.00	Officer	$0	$0	$0
JOHNNY VESELKA	TREASURER	10.00	Officer	$0	$0	$0
BRUCE KRAUSKOPF	VICE-PRESIDENT	10.00	Officer	$0	$0	$0
BECKY COOK	SECRETARY	10.00	Officer	$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	$845,763	$550,210	$1,781,433	$295,553
2024	$334,982	$625,536	$1,368,203	$-290,554
2022	$185,492	$170,160	$1,359,706	$15,332
2021	$158,387	$73,002	$1,585,066	$85,385
2020	$99,541	$42,440	$1,426,596	$57,101
2019	$193,862	$46,153	$1,269,827	$147,709

WHARTON CO JR COLLEGE FOUNDATION