INTERNATIONAL ALLIANCE OF WOUND CA… - 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

2021

Legal Domicile

Principal Officer

ANGELA WEATHERSBY

Phone

7654579321

Tax Period

2021-01-01 to 2021-12-31

INTERNATIONAL ALLIANCE OF WOUND CARE SCHOLARSHIP FOUNDATION INC, founded in 2021, is a small nonprofit in the Health Care sector that reported $316K in total revenue in fiscal year 2021. The organization ran a surplus of $300K, a strong 95% operating margin.

Mission

TO PROVIDE HEALTH CARE CLINICIANS WITH SCHOLARSHIP FUNDS TO BE USED SPECIFICALLY FOR ADVANCED EDUCATION AND CERTIFICATION IN WOUND CARE

Program Service Accomplishments

Program 1

Expenses: $14,950

TO PROVIDE HEALTH CARE CLINICIANS WITH SCHOLARSHIP FUNDS TO BE USED SPECIFICALLY FOR ADVANCED EDUCATION AND CERTIFICATION IN WOUND CARE

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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 (2021)

Revenue Breakdown

Contributions & Grants $316,010

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $316,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,750

Fundraising Expenses $0

Program Expenses $14,950

Other Expenses $5,265

TOTAL EXPENSES $16,015

Year-over-Year Comparison

	2021	2020	Change
Revenue	$316,010	N/A	N/A
Expenses	$16,015	N/A	N/A
Net Income	$299,995	N/A	N/A

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

$10,750

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MONESSA WADFORD	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHERYL CARVER	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
STANLEY RYNKIEWICZ III	SECRETARY AND TREASURER	1.00	Officer Director	$0	$0	$0
TOM MANYOKI	DIRECTOR	1.00	Director	$0	$0	$0
LUANN REED	DIRECTOR	1.00	Director	$0	$0	$0
ANGELA WEATHERSBY	EXECUTIVE DIRECTOR	40.00	Officer	$10,750	$0	$10,750

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
2021	$316,010	$16,015	$299,995	$299,995

INTERNATIONAL ALLIANCE OF WOUND CARE SCHOLARSHIP FOUNDATION INC