WELLS FAMILY RESOURCE CENTER (EIN 880376097) - 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

1999

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

WELLS FAMILY RESOURCE CENTER, founded in 1999, is a small nonprofit in the Human Services sector that reported $477K in total revenue in fiscal year 2023. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $449K left a modest 6% surplus.

Mission

WELLS FAMILY RESOURCE CENTER OFFERS CHARITABLE SERVICES TO THE PUBLIC, INCLUDING CHILD CARE SERCVICES, A CHILD AND FAMILY ADVOCACY PROGRAM, AND FACILITATING A LITERACY PROGRAM.

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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 $365,599

Program Service Revenue $111,518

Investment Income $182

Other Revenue $0

TOTAL REVENUE $477,299

Expense Breakdown

Grants Paid $0

Salaries & Benefits $275,752

Fundraising Expenses $8,328

Program Expenses $375,108

Other Expenses $172,880

TOTAL EXPENSES $448,632

Year-over-Year Comparison

	2023	2022	Change
Revenue	$477,299	$351,438	+0.4%
Expenses	$448,632	$413,259	+0.1%
Net Income	$28,667	$-61,821	-1.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAMI POLLOCK	CHAIRMAN	0.00	Director	$0	$0	$0
TESSA MORGAN	CHAIRMAN	5.00	Director	$0	$0	$0
ANNE FULLER	SECRETARY	5.00	Officer	$0	$0	$0
CINDY FULLER	VICE PRESIDENT	5.00	Officer	$0	$0	$0
JOHN GOOLSBY	PRESIDENT	1.00	Officer	$0	$0	$0
VALERIE BOYER	PROGRAM DIRECTOR	30.00	Key Emp	$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	$477,299	$448,632	$146,339	$28,667
2022	$351,438	$413,259	$116,899	$-61,821
2021	$302,783	$232,443	$178,030	$70,340
2020	$163,063	$183,982	$107,026	$-20,919
2019	$189,973	$186,784	$127,554	$3,189
2018	$157,992	$183,940	$26,843	$-25,948

WELLS FAMILY RESOURCE CENTER