OLD COLONY YMCA WELLNESS SERVICES … - Form 990 Financial Data

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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

2019

Legal Domicile

Principal Officer

LEANNE MELTO

Phone

5088971230

Tax Period

2023-07-01 to 2024-06-30

OLD COLONY YMCA WELLNESS SERVICES INC, founded in 2019, is a small nonprofit in the Human Services sector that reported $397K in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. Expenses of $377K left a modest 5% surplus.

Mission

TO PROVIDE SOCIAL, EMOTIONAL AND WELLNESS SERVICES TO INDIVIDUALS AND FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $376,847 Revenue: $386,572

OLD COLONY YMCA WELLNESS SERVICES, INC, (WSI) IS DEDICATED TO PROVIDING SOCIAL, EMOTIONAL AND WELLNESS SERVICES TO INDIVIDUALS AND FAMILIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $10,448

Program Service Revenue $386,572

Investment Income $0

Other Revenue $0

TOTAL REVENUE $397,020

Expense Breakdown

Grants Paid $0

Salaries & Benefits $217,656

Fundraising Expenses $0

Program Expenses $376,847

Other Expenses $159,191

TOTAL EXPENSES $376,847

Year-over-Year Comparison

	2023	2022	Change
Revenue	$397,020	$216,731	+0.8%
Expenses	$376,847	$150,453	+1.5%
Net Income	$20,173	$66,278	-0.7%

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

$991,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WAYNE SMITH	PRESIDENT/DIRECTOR	1.00	Officer Director	$0	$0	$0
ROBERT HAFFEY	TREASURER/DIRECTOR	1.00	Officer Director	$0	$0	$0
JONATHAN RICHMAN	CLERK/DIRECTOR	1.00	Officer Director	$0	$0	$0
DR DAVID MUDD	DIRECTOR	1.00	Director	$0	$0	$0
DR THOMAS HARDIMAN	DIRECTOR (UNTIL 9/2023)	1.00	Director	$0	$0	$0
DONNA DESMOND	EXECUTIVE VP, CFO	1.00	Officer	$0	$27,496	$287,671
KENNETH KLIER	EXECUTIVE VP, COO	1.00	Officer	$0	$30,433	$325,048
CHARLES CLIFFORD	PRESIDENT, CEO	1.00	Officer	$0	$31,731	$378,281
VINCENT MARTURANO	FORMER PRESIDENT, CEO	0.00		$0	$8,803	$320,865

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	No data	No data	No data	No data
2024	$397,020	$376,847	$143,196	$20,173
2023	$216,731	$150,453	$108,667	$66,278

OLD COLONY YMCA WELLNESS SERVICES INC