WEAN INC WEAN INC

EIN: 850563320 501(c)(3) Human Services

ANNANDALE, VA

Total Revenue
$831,683
Total Expenses
$839,444
Total Assets
$65,809
Net Assets
$65,809
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Principal Officer
JIN MI CHOI
Phone
5713353636
Tax Period
2024-01-01 to 2024-12-31

WEAN INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $342K in total revenue in fiscal year 2023. The organization ran a surplus of $62K, a strong 18% operating margin.

Mission

ELDER CARE GIVING

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $831,683
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $831,683

Expense Breakdown

Grants Paid $0
Salaries & Benefits $703,768
Fundraising Expenses $0
Program Expenses $839,444
Other Expenses $135,676
TOTAL EXPENSES $839,444

Year-over-Year Comparison

2024 2023 Change
Revenue $831,683 $342,499 +1.4%
Expenses $839,444 $49,882 +15.8%
Net Income $-7,761 $292,617 -1.0%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
1
Independent Members
1
Employees
22
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
0
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIN MI CHOI DIRECTOR N/A
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 $831,683 $839,444 $65,809 $-7,761
2023 $342,499 $280,755 $96,196 $61,744
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