WELAF FOUNDATION INCORPORATED (EIN 832701451) - 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

2018

Legal Domicile

Principal Officer

STEVEN H WHEELER

Phone

5713444991

Tax Period

2018-01-01 to 2018-12-31

WELAF FOUNDATION INCORPORATED, founded in 2018, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $400K in total revenue in fiscal year 2018.

Mission

THE PURPOSE OF THE WELAF FOUNDATION IS TO SERVE THOSE MOST IN NEED IN OUR LOCAL, NATIONAL AND GLOBAL COMMUNITIES. OUR CONCERN IS TO HELP THE MOST VULNERABLE SEGMENTS OF THE POPULATION SUCH AS YOUTH, MINORITIES AND NEWLY ARRIVED IMMIGRANTS WITH THEIR BASIC EDUCATIONAL, HOUSING AND EMPLOYMENT NEEDS. WE WOULD LIKE TO DO THIS BY HELPING PROVIDE FUNDING TO AGENCIES AND ORGANIZATIONS BENEFITTING THE UNDERSERVED.

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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 (2018)

Revenue Breakdown

Contributions & Grants $400,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $400,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2018	2017	Change
Revenue	$400,000	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	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

Employees

N/A

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
STEVEN H WHEELER	DIRECTOR	0.50	Officer Director	$0	$0	$0
BEATRIZ LAFUENTE	DIRECTOR	0.50	Officer Director	$0	$0	$0
ARIANA WHEELER-LAFUENTE	DIRECTOR	0.25	Director	$0	$0	$0
GABRIELA RITCHEY	DIRECTOR	0.25	Director	$0	$0	$0
ROGER RANGEL-LAFUENTE	DIRECTOR	0.25	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
2018	$400,000	No data	$400,000	No data

WELAF FOUNDATION INCORPORATED