NATIONAL WELL HOME NETWORK INC

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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

Principal Officer

ROBERT JENKINS

Phone

2027164088

Tax Period

2022-01-01 to 2022-12-31

NATIONAL WELL HOME NETWORK INC, founded in 2017, is a small nonprofit that reported $143K in total revenue in fiscal year 2022. Revenue fell 43% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF THE ORGANIZATION IS TO ASSIST LOW INCOME SENIORS TO AGE IN PLACE IN A SAFE AND AFFORDABLE MANNER BY PROMOTING AND SUPPORTING IMPLEMENTATION OF HOUSING-BASED SUPPORTIVE SERVICE MODELS.

Program Service Accomplishments

Program 1

Expenses: $116,724 Revenue: $7,865

THE ORGANIZATION'S PROGRAM SERVICES CONSIST OF PROVIDING EDUCATION AND AND TECHNICAL ASSISTANCE TO PROMOTE AND SUPPORT THE IMPLEMENTATION OF HOUSING-BASED CARE MANAGEMENT MODELS. IN 2022, THE NWHN...

THE ORGANIZATION'S PROGRAM SERVICES CONSIST OF PROVIDING EDUCATION AND AND TECHNICAL ASSISTANCE TO PROMOTE AND SUPPORT THE IMPLEMENTATION OF HOUSING-BASED CARE MANAGEMENT MODELS. IN 2022, THE NWHN PROVIDED TECHNICAL ASSISTANCE TO NONPROFIT ORGANIZATIONS IN CALIFORNIA AND RHODE ISLAND. THE NWHN'S EDUCATIONAL ACTIVITIES INCLUDE KEYNOTE SPEAKER AT THE SASH VERMONT ANNUAL CONFERENCE, INTERVIEW FOR A NEW YORK RADIO STATION, CONTRIBUTING TO AN AARP SPOTLIGHT ARTICLE, AND CO-AUTHORING AN ARTICLE IN GRANTMAKERS IN HEALTH.

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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 (2022)

Revenue Breakdown

Contributions & Grants $135,000

Program Service Revenue $7,865

Investment Income $0

Other Revenue $0

TOTAL REVENUE $142,865

Expense Breakdown

Grants Paid $0

Salaries & Benefits $110,245

Fundraising Expenses $2,853

Program Expenses $116,724

Other Expenses $32,108

TOTAL EXPENSES $142,353

Year-over-Year Comparison

	2022	2021	Change
Revenue	$142,865	$250,154	-0.4%
Expenses	$142,353	$281,754	-0.5%
Net Income	$512	$-31,600	-1.0%

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

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

$102,326

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN NYSTROM MEYER	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT JENKENS	TREASURER	1.00	Officer Director	$0	$0	$0
JOHN KASSEL	SECRETARY	1.00	Officer Director	$0	$0	$0
JAMES R CHANDLER	DIRECTOR	1.00	Director	$0	$0	$0
NANCY ROCKETT ELDRIDGE	CEO	24.00	Officer	$101,345	$981	$102,326
CHRISTINA GREEN	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
2022	$142,865	$142,353	$30,281	$512
2021	$250,154	$281,754	$29,792	$-31,600
2020	$302,414	$290,215	$79,968	$12,199
2019	$339,922	$339,907	$103,866	$15
2018	$227,860	$252,495	$104,437	$-24,635