WBS CHARITY CORPORATION (EIN 811405436) - 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

2016

Legal Domicile

Principal Officer

MANDI GILSTRAP

Phone

2812334000

Tax Period

2023-01-01 to 2023-12-31

WBS CHARITY CORPORATION, founded in 2016, is a small nonprofit in the Human Services sector that reported $225K in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $493K exceeded revenue, resulting in a 119% operating deficit.

Mission

THE CORPORATION IS A NONSTOCK, NONPROFIT CORPORATION ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF PROVIDING FINANCIAL ASSISTANCE TO PAST, CURRENT AND FUTURE EMPLOYEES OF WISENBAKER BUILDER SERVICES INC. ("WBS") WHO ARE DISTRESSED OR IN NEED AS A RESULT OF A PERSONAL AND/OR FAMILY EMERGENCY (MEDICAL OR OTHER), A NATURAL DISASTER (E.G., FLOODING, HURRICANE, TORNADO, ETC.), OR A SIMILAR EVENT.

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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 $320,602

Program Service Revenue $0

Investment Income $0

Other Revenue $-95,563

TOTAL REVENUE $225,039

Expense Breakdown

Grants Paid $488,495

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $488,495

Other Expenses $4,345

TOTAL EXPENSES $492,840

Year-over-Year Comparison

	2023	2022	Change
Revenue	$225,039	$619,096	-0.6%
Expenses	$492,840	$470,794	+0.0%
Net Income	$-267,801	$148,302	-2.8%

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
AUTUMN RENO	DIRECTOR/SECRETARY	5.00	Officer Director	$0	$0	$0
MANDI GILSTRAP	DIRECTOR/PRESIDENT	5.00	Officer Director	$0	$0	$0
DEBORAH VILLAREAL	DIRECTOR	5.00	Director	$0	$0	$0
BRENDA KELLY	DIRECTOR	5.00	Director	$0	$0	$0
AUSTIN TESKE	DIRECTOR	5.00	Director	$0	$0	$0
GABY GARCIA	DIRECTOR	5.00	Director	$0	$0	$0
RON BURTON	DIRECTOR	5.00	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
2024	No data	No data	No data	No data
2023	$225,039	$492,840	$386,071	$-267,801
2022	$619,096	$470,794	$653,872	$148,302
2021	$399,768	$231,750	$505,570	$168,018
2020	$306,376	$102,110	$340,675	$204,266
2019	$169,412	$127,032	$133,287	$42,380
2018	$153,922	$114,577	$90,907	$39,345

WBS CHARITY CORPORATION