WLCC FOUNDATION INC (EIN 873826938) - 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

2021

Legal Domicile

Principal Officer

TERRY GRAESSLE

Phone

2312033474

Tax Period

2022-01-01 to 2022-12-31

WLCC FOUNDATION INC, founded in 2021, is a small nonprofit in the Education sector that reported $360K in total revenue in fiscal year 2022. The organization ran a surplus of $308K, a strong 85% operating margin.

Mission

1)TO PROVIDE FINANCIAL ASSISTANCE AND NEED-BASED SCHOLARSHIPS TO WALLOON LAKE COUNTRY CLUB EMPLOYEES AND THEIR CHILDREN AND GRANDCHILDREN.2)TO PROVIDE FINANCIAL ASSISTANCE FOR THE BEAUTIFICATION AND MAINTENANCE OF THE PUBLIC LAND, EGRESSES, AND SURROUNDING AREAS ADJACENT TO THE CLUB IN WALLOON LAKE, MICHIGAN.

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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 (2022)

Revenue Breakdown

Contributions & Grants $360,500

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $360,500

Expense Breakdown

Grants Paid $46,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,678

Other Expenses $6,356

TOTAL EXPENSES $52,856

Year-over-Year Comparison

	2022	2021	Change
Revenue	$360,500	N/A	N/A
Expenses	$52,856	N/A	N/A
Net Income	$307,644	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

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
TERRY GRAESSLE	PRESIDENT	1.00	Officer Director	$0	$0	$0
KAREN MULLIGAN	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS BALAMES	SECRETARY	1.00	Officer Director	$0	$0	$0
DAN VAN VOORHIS	TREASURER	1.00	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
2022	$360,500	$52,856	$307,644	$307,644

WLCC FOUNDATION INC