WIREPOINTS CORP (EIN 832750180) - 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

MARK GLENNON

Phone

8473237597

Tax Period

2025-01-01 to 2025-12-31

WIREPOINTS CORP, founded in 2018, is a small nonprofit in the Public & Societal Benefit sector that reported $110K in total revenue in fiscal year 2025. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $222K exceeded revenue, resulting in a 101% operating deficit.

Mission

WIREPOINTS IS AN INDEPENDENT, NONPROFIT COMPANY DELIVERING ORIGINAL RESEARCH AND COMMENTARY ABOUT ILLINOIS' ECONOMY AND GOVERNMENT.

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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 (2025)

Revenue Breakdown

Contributions & Grants $109,397

Program Service Revenue $0

Investment Income $389

Other Revenue $519

TOTAL REVENUE $110,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $139,572

Fundraising Expenses $0

Program Expenses $174,478

Other Expenses $82,633

TOTAL EXPENSES $222,205

Year-over-Year Comparison

	2025	2024	Change
Revenue	$110,305	$301,451	-0.6%
Expenses	$222,205	$495,168	-0.6%
Net Income	$-111,900	$-193,717	-0.4%

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

Total Directors

$11,362

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK GLENNON	PRESIDENT	60.00	Officer Director	$0	$0	$0
JOAN LASONDE	DIRECTOR	2.00	Officer Director	$0	$0	$0
JOANNA BROWN	DIRECTOR	2.00	Director	$11,362	$0	$11,362
TED DABROWSKI	FORMER PRESIDENT	40.00		$66,667	$0	$66,667

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
2025	$110,305	$222,205	$30,299	$-111,900
2024	$301,451	$495,168	$146,154	$-193,717
2023	$294,175	$688,601	$348,140	$-394,426
2022	$709,315	$598,227	$737,878	$111,088
2021	$503,775	$565,671	$627,682	$-61,896
2020	$1,119,136	$492,378	$687,012	$626,758
2019	$80,615	$112,299	$31,766	$-31,684

WIREPOINTS CORP