IWSI AMERICA INC (EIN 832892633) - 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

NICHOLAS WYMAN

Phone

3235294652

Tax Period

2024-01-01 to 2024-12-31

IWSI AMERICA INC, founded in 2018, is a community nonprofit in the Youth Development sector that reported $1.2M in total revenue in fiscal year 2024. Expenses of $1.4M exceeded revenue, resulting in a 17% operating deficit.

Mission

SUPPORTING WORKFORCE DEVELOPMENT THROUGH CONSULTING SERVICES AND PROGRAMS LIKE READY, WILLING & ABLE, PROVIDING TRAINING AND EMPLOYMENT OPPORTUNITIES TO INDIVIDUALS WITH DISABILITIES AND THOSE FACING BARRIERS TO EMPLOYMENT.

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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 $1,184,206

Program Service Revenue $11,586

Investment Income $0

Other Revenue $1,709

TOTAL REVENUE $1,197,501

Expense Breakdown

Grants Paid $66,527

Salaries & Benefits $824,594

Fundraising Expenses $7,177

Program Expenses $1,101,481

Other Expenses $513,493

TOTAL EXPENSES $1,404,614

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,197,501	$1,251,764	0.0%
Expenses	$1,404,614	$1,064,834	+0.3%
Net Income	$-207,113	$186,930	-2.1%

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

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

$292,887

Total Directors

$292,887

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NICHOLAS WYMAN	PRESIDENT & EXECUTIVE DIRECTOR	40.00	Officer Director	$286,387	$6,500	$292,887
FREDERICK MADDERN	DIRECTOR	20.00	Director	$0	$0	$0
SHIRLEY NAGEL	DIRECTOR	20.00	Director	$0	$0	$0
SOPHIE RAMSEY	DIRECTOR	20.00	Director	$0	$0	$0
ANDREW SEZONOV	VICE PRESIDENT (OUTGOING 2024)	20.00	Officer Director	$0	$0	$0
DEBORAH WILLIAMSON	VICE PRESIDENT	40.00	Highest	$143,693	$0	$143,693

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	$1,197,501	$1,404,614	$511,453	$-207,113
2023	$1,251,764	$1,064,834	$506,941	$186,930
2022	$721,737	$779,465	$334,103	$-57,728
2021	$787,216	$644,299	$417,120	$142,917
2020	$715,065	$375,576	$719,739	$339,489

IWSI AMERICA INC