WEALTHY HABITS INC (EIN 880976683) - 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

2017

Legal Domicile

Phone

8778295500

Tax Period

2024-01-01 to 2024-12-31

WEALTHY HABITS INC, founded in 2017, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 3852% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 85% operating margin.

Mission

Wealth Habits programs teach financial literacy to a target audience of 11-18 years olds.

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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 $2,222,674

Program Service Revenue $128,927

Investment Income $11,647

Other Revenue $0

TOTAL REVENUE $2,363,248

Expense Breakdown

Grants Paid $0

Salaries & Benefits $222,335

Fundraising Expenses $0

Program Expenses $291,860

Other Expenses $125,715

TOTAL EXPENSES $348,050

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,363,248	$59,806	+38.5%
Expenses	$348,050	$9,390	+36.1%
Net Income	$2,015,198	$50,416	+39.0%

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

$118,154

Total Directors

$118,154

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACY TANNER	DIRECTOR SECRETARY	40.00	Officer Director	$118,154	$0	$118,154
MICHELLE STUBBS	TREASURER	1.00	Officer Director	$0	$0	$0
YINI MCCAIN	CHAIR	1.00	Officer Director	$0	$0	$0
AMY HENNESSY	VICE CHAIR	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
2024	$2,363,248	$348,050	$2,070,021	$2,015,198

WEALTHY HABITS INC