WCI REAL ESTATE & LOGISTICS INC

EIN: 881398139 Community Improvement

BOWIE, MD

Total Revenue
$540,000
Total Expenses
$1,960,160
Total Assets
$58,119,457
Net Assets
$58,119,457
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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
DE
Principal Officer
AKINREMI AKINYINKA
Phone
2403357759
Tax Period
2024-01-01 to 2024-12-31

WCI REAL ESTATE & LOGISTICS INC, founded in 2022, is a small nonprofit in the Community Improvement sector that reported $540K in total revenue in fiscal year 2024. Revenue surged 161% from the prior year, signaling strong growth momentum. Expenses of $2.0M exceeded revenue, resulting in a 263% operating deficit.

Mission

TITLE HOLDING COMPANY FOR AFFILIATED CHURCHES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $540,000
TOTAL REVENUE $540,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $198,000
Fundraising Expenses $0
Program Expenses $0
Other Expenses $1,762,160
TOTAL EXPENSES $1,960,160

Year-over-Year Comparison

2024 2023 Change
Revenue $540,000 $207,097 +1.6%
Expenses $1,960,160 $321,158 +5.1%
Net Income $-1,420,160 $-114,061 +11.5%
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

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Governance

Voting Members
6
Independent Members
3
Employees
N/A
Volunteers
7

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
0
$0
Total Directors
2
$0
Key Employees
1
$60,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AKINYINKA AKINREMI NATIONAL ACCOUNTANT 25
Key Emp
$60,000 $0 $60,000
CHARLES GATLING PRESIDENT 38.00
Director
$0 $0 $0
MUTIU BABATUNDE SECRETARY 25
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 $540,000 $1,960,160 $58,119,457 $-1,420,160
2023 $207,097 $321,158 $58,397,920 $-114,061
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