THE WELDON PROJECT (EIN 832623869) - 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

Legal Domicile

Phone

3852728044

Tax Period

2024-01-01 to 2024-12-31

THE WELDON PROJECT is a small nonprofit in the Crime & Legal sector that reported $547K in total revenue in fiscal year 2024. The organization ran a surplus of $218K, a strong 40% operating margin.

Mission

The Weldon Project (TWP) is a non-profit organization that advocates on behalf of currently or formerly incarcerated drug offenders who were sentenced to prison for nonviolent drug offenses. TWP has adopted a multifaceted approach to addressing the injustices and disparities in sentencing for drug offenses and the collateral consequences of drug-related arrests and convictions. TWP redresses these injustices and disparities through policy reform, legislative advocacy, and impactful direct service programs designed both to secure release of nonviolent drug offenders from incarceration and to assist those coming out of incarceration in rebuilding their lives through reentry programs and anti-recidivism efforts.

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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 $547,136

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $547,136

Expense Breakdown

Grants Paid $0

Salaries & Benefits $104,959

Fundraising Expenses $0

Program Expenses $224,028

Other Expenses $224,028

TOTAL EXPENSES $328,987

Year-over-Year Comparison

	2024	2023	Change
Revenue	$547,136	N/A	N/A
Expenses	$328,987	N/A	N/A
Net Income	$218,149	N/A	N/A

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

N/A

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

$97,500

Total Directors

$97,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WELDON ANGELOS	President	40.00	Officer Director	$97,500	$0	$97,500
KATIE SINQUEFIELD	Chairman	1.00	Director	$0	$0	$0
KYLE KAZAN	Trustee	1.00	Director	$0	$0	$0
MICHAEL GOLDSTEIN	Secretary	1.00	Director	$0	$0	$0
BRANDEN BOLTON	Treasurer	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	$547,136	$328,987	$389,701	$218,149
2022	$318,282	$223,118	$264,760	$95,164
2021	$321,066	$151,470	$169,596	$169,596

THE WELDON PROJECT