LEVI WALLACE FOUNDATION INC

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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

2022

Legal Domicile

Principal Officer

LEVI WALLACE

Tax Period

2023-01-01 to 2023-12-31

LEVI WALLACE FOUNDATION INC, founded in 2022, is a small nonprofit that reported $192K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $161K, a strong 84% operating margin.

Mission

TO ASSIST UNDERPRIVILEGED YOUTH, VETERANS AND THE HOMELESS BY PROVIDING THEM WITH SERVICES AND ASSISTANCE TO ALLOW THEM TO HAVE SUCCESSFUL LIVES

Program Service Accomplishments

Program 1

Expenses: $28,694 Revenue: $2,733

PROVIDED RESOURCES TO LOCAL SCHOOLS FOR NEEDED SUPPLIES. ALSO, PROVIDED TOYS AND SPORTS EQUIPMENT TO UNDERPRIVILEGED YOUTHS. PROVIDED THANKSGIVING MEALS TO VETERANS AND THEIR FAMILIES

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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 $173,880

Program Service Revenue $2,733

Investment Income $2,541

Other Revenue $13,209

TOTAL REVENUE $192,363

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,694

Other Expenses $26,578

TOTAL EXPENSES $31,578

Year-over-Year Comparison

	2023	2022	Change
Revenue	$192,363	$233,104	-0.2%
Expenses	$31,578	$10,526	+2.0%
Net Income	$160,785	$222,578	-0.3%

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

N/A

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
LEVI WALLACE	Director	2.00	Officer Director	$0	$0	$0
WENDY WALLACE	Director	2.00	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
2024	No data	No data	No data	No data
2023	$192,363	$31,578	$383,363	$160,785
2022	$233,104	$10,526	$222,578	$222,578