ASSOCIATION FOR WHOLESAILING DIVER… - 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

2020

Legal Domicile

Principal Officer

Marlon Hall

Phone

3032420948

Tax Period

2023-01-01 to 2023-12-31

ASSOCIATION FOR WHOLESAILING DIVERSITY, founded in 2020, is a small nonprofit in the Public & Societal Benefit sector that reported $594K in total revenue in fiscal year 2023. Revenue surged 38% from the prior year, signaling strong growth momentum.

Mission

Recruit and place more African Americans in the financial services sector

Program Service Accomplishments

Program 1

Expenses: $581,424 Revenue: $559,350

Connect network, train, devleop, promote, recruit and place more African Americans in financial services intermediary distribtuion and conduct conferences for networking and recruiting of African...

Connect network, train, devleop, promote, recruit and place more African Americans in financial services intermediary distribtuion and conduct conferences for networking and recruiting of African American financial services industry amd profesion

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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 $586,192

Program Service Revenue $6,595

Investment Income $1,367

Other Revenue $0

TOTAL REVENUE $594,154

Expense Breakdown

Grants Paid $26,779

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $581,424

Other Expenses $560,624

TOTAL EXPENSES $587,403

Year-over-Year Comparison

	2023	2022	Change
Revenue	$594,154	$431,753	+0.4%
Expenses	$587,403	$345,317	+0.7%
Net Income	$6,751	$86,436	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marlon Hall	President, Chairman	030.00	Officer Director	$0	$0	$0
Wayne Ewan	Vice President	002.00	Officer Director	$0	$0	$0
Ron Williams	Vice President	002.00	Officer 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	No data	No data	No data	No data
2023	$594,154	$587,403	$192,903	$6,751
2021	$147,000	$35,068	$126,793	$111,932

ASSOCIATION FOR WHOLESAILING DIVERSITY