We Care Palestine

EIN: 812990138 501(c)(3) Community Improvement

Palestine, TX

Total Revenue
$61,514
Total Expenses
$12,106
Total Assets
$354,069
Net Assets
$354,069
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
TX
Principal Officer
Lynn Willhite
Phone
9039226149
Tax Period
2023-01-01 to 2023-12-31

We Care Palestine, founded in 2016, is a micro nonprofit in the Community Improvement sector that reported $62K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $49K, a strong 80% operating margin.

Mission

WE CARE consists of three initiatives for community renewal: Renewal Team, Block Leader Initiative, and Friendship House Initiative

Program Service Accomplishments

Program 1
Expenses: $7,558 Revenue: $46,236

Renewal Team: The Renewal Team iniative seeks to enlist as many individuals from the city who will commit to being a caring community. As it grows, community members begin to realize the good that is...

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Renewal Team: The Renewal Team iniative seeks to enlist as many individuals from the city who will commit to being a caring community. As it grows, community members begin to realize the good that is being done in the community. A whole new perception of our ciy and its potential will be seen. The team has begun working with individuals, faith groups, civic groups, businesses and others who desire to serve as leaders to build a safer, stronger and healthier community. This team is growing!

Program 2
Expenses: $4,548 Revenue: $4,055

Block Leader Initiative: We Care Palestine believes that friendships with our neighbors must be intentionally developed and nutured. The Block Leader initiative helps facilitate neighbors to become...

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Block Leader Initiative: We Care Palestine believes that friendships with our neighbors must be intentionally developed and nutured. The Block Leader initiative helps facilitate neighbors to become caring friends--respecting, talking and walking together. This is working!

Program 3
Expenses: $0 Revenue: $0

Friendship House Initiative: Because of poverty and lack of resources, some neighborhoods in our city need special help through the Friendship House iniative. Built in an area of special need, the...

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Friendship House Initiative: Because of poverty and lack of resources, some neighborhoods in our city need special help through the Friendship House iniative. Built in an area of special need, the Friendship House will serve as a center for community connection and for programs such as after-school enrichment for children/youth, life-skills training, family night gatherings and other activities which offer residents a better quality of life. The Community Coordinator and his/her family live in the Friendship House and become catalysts for rebuilding a safe, caring neighborhood where children are nutured and feel safe. Our goal is to build and staff two such houses.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $54,299
Program Service Revenue $4,055
Investment Income $3,160
Other Revenue $0
TOTAL REVENUE $61,514

Expense Breakdown

Grants Paid $0
Salaries & Benefits $543
Fundraising Expenses $0
Program Expenses $12,106
Other Expenses $11,563
TOTAL EXPENSES $12,106

Year-over-Year Comparison

2023 2022 Change
Revenue $61,514 $51,627 +0.2%
Expenses $12,106 $12,950 -0.1%
Net Income $49,408 $38,677 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
1
Volunteers
200

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
none none N/A
$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
2023 $61,514 $12,106 $354,069 $49,408
2022 $51,627 $12,950 $304,646 $38,677
2021 $191,980 $6,460 $265,969 $185,520
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