We Care Food Pantry Inc (EIN 820595297) - 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

2017

Legal Domicile

Phone

6039239456

Tax Period

2024-01-01 to 2024-12-31

We Care Food Pantry Inc, founded in 2017, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $75K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $98K exceeded revenue, resulting in a 30% operating deficit.

Mission

During 2024, 6,152 men and women as well as 2,456 families received much need food

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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 $63,787

Program Service Revenue $0

Investment Income $29

Other Revenue $11,219

TOTAL REVENUE $75,035

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,592

Other Expenses $97,641

TOTAL EXPENSES $97,641

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,035	$69,326	+0.1%
Expenses	$97,641	$98,595	0.0%
Net Income	$-22,606	$-29,269	-0.2%

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

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
Henry R Eaton	Chairperson	30	Officer	$0	$0	$0
Elizabeth Eaton	Director	30	Officer	$0	$0	$0
Michelle Wachowiak	Secretary	3	Officer	$0	$0	$0
Nancy Cournoyer	Member	3	Officer	$0	$0	$0
Sheila Grandmaison	Member	3	Officer	$0	$0	$0
Doreen O'Brien	Member	3	Officer	$0	$0	$0
Phillip Rice	Vice Chairperson	3	Officer	$0	$0	$0
Gary Wilson	Member	3	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
2024	$75,035	$97,641	$27,631	$-22,606
2023	$69,326	$98,595	$53,508	$-29,269
2022	$62,827	$120,034	$85,745	$-57,207
2021	$143,408	$42,126	$118,132	$101,282

We Care Food Pantry Inc