The Well Counseling Center Inc (EIN 852971589) - 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

2020

Legal Domicile

Principal Officer

Benjamin Carr

Phone

5593258600

Tax Period

2024-01-01 to 2024-12-31

The Well Counseling Center Inc, founded in 2020, is a small nonprofit in the Mental Health sector that reported $813K in total revenue in fiscal year 2024. Expenses of $723K left a modest 11% surplus.

Mission

A CHRISTIAN-BASED COUNSELING CENTER DESIGNED TO PROVIDE INDIVIDUALS WITH THE MEANS TO MAKE THE LIFE-GIVING POWER OF CHRIST'S GOSPEL AVAILABLE IN A THERAPEUTIC SETTING.

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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 $56,852

Program Service Revenue $755,796

Investment Income $0

Other Revenue $0

TOTAL REVENUE $812,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $561,185

Fundraising Expenses $72,257

Program Expenses $144,513

Other Expenses $161,380

TOTAL EXPENSES $722,565

Year-over-Year Comparison

	2024	2023	Change
Revenue	$812,648	$754,173	+0.1%
Expenses	$722,565	$670,780	+0.1%
Net Income	$90,083	$83,393	+0.1%

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

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

$107,810

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Benjamin Carr	Operations Dir.	40.00	Officer	$107,810	$0	$107,810
Valerie Watts	CEO	1.00	Director	$0	$0	$0
Brad Bell	Director	1.00	Director	$0	$0	$0
Candice Lapa	Treasurer	1.00	Director	$0	$0	$0
Jeremy Vanderlinden	Director	1.00	Director	$0	$0	$0
Julie Campos	Director	1.00	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	$812,648	$722,565	$348,825	$90,083
2023	$754,173	$670,780	$257,104	$83,393
2022	$461,934	$291,283	$173,528	$170,651

The Well Counseling Center Inc