WELLSTRONG INC (EIN 811935657) - 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

MICHAEL MANIATES

Phone

5084442219

Tax Period

2024-01-01 to 2024-12-31

WELLSTRONG INC, founded in 2016, is a small nonprofit in the Mental Health sector that reported $273K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $409K exceeded revenue, resulting in a 50% operating deficit.

Mission

CREATING SAFE, SUPPORTIVE COMMUNITIES OF PEOPLE IN RECOVERY FROM SUBSTANCE USE DISORDER THROUGH FITNESS, WELLNESS AND MINDFULNESS.

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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 $131,748

Program Service Revenue $27,121

Investment Income $2,676

Other Revenue $111,936

TOTAL REVENUE $273,481

Expense Breakdown

Grants Paid $0

Salaries & Benefits $264,202

Fundraising Expenses $3,578

Program Expenses $391,825

Other Expenses $145,053

TOTAL EXPENSES $409,255

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,481	$367,031	-0.3%
Expenses	$409,255	$343,601	+0.2%
Net Income	$-135,774	$23,430	-6.8%

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

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
STODDARD WHITRIDGE	PRESIDENT	3.00	Officer Director	$0	$0	$0
MICHAEL MANIATES	TREASURER	3.00	Officer Director	$0	$0	$0
GRETCHEN GEARIN	CLERK	3.00	Officer Director	$0	$0	$0
MICHELLE ROGERS	VICE CHAIR	3.00	Officer Director	$0	$0	$0
ELYSCE RACICOT	DIRECTOR	2.00	Director	$0	$0	$0
REGINA FLANIGAN	DIRECTOR	1.00	Director	$0	$0	$0
JANA FAIKY	DIRECTOR	3.00	Director	$0	$0	$0
SONYA KATZEN	DIRECTOR	1.00	Director	$0	$0	$0
DR CATHARINA ARMSTRONG	DIRECTOR	1.00	Director	$0	$0	$0
TROY CLARKSON	DIRECTOR	1.00	Director	$0	$0	$0
BEN HAAS	DIRECTOR	1.00	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	$273,481	$409,255	$161,570	$-135,774
2023	$367,031	$343,601	$311,537	$23,430
2022	$333,042	$320,784	$331,419	$12,258
2021	$403,386	$263,432	$253,203	$139,954
2020	$187,811	$214,838	$128,284	$-27,027
2019	$221,272	$145,039	$141,241	$76,233

WELLSTRONG INC