JOHNSTON, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WESLEYLIFE FOUNDATION, founded in 2022, is a mid-sized nonprofit in the Philanthropy & Grantmaking sector that reported $10.1M in total revenue in fiscal year 2023. The organization ran a surplus of $9.4M, a strong 93% operating margin.
GUIDED BY CHRISTIAN COMPASSION, WE PROVIDE THE NEEDED RESOURCES TO SUPPORT THE INDEPENDENCE, HEALTH, AND WELL-BEING OF OLDER ADULTS WHEREVER THEY CALL HOME.
WESLEYLIFE FOUNDATION IS AN ORGANIZATION FORMED TO SUPPORT THE CHARITABLE MISSION OF THE WESLEYLIFE CHARITABLE ENTITIES INCLUDING WESLEY RETIREMENT SERVICES, AND WESLEY COMMUNITY SERVICESTHE...
WESLEYLIFE FOUNDATION IS AN ORGANIZATION FORMED TO SUPPORT THE CHARITABLE MISSION OF THE WESLEYLIFE CHARITABLE ENTITIES INCLUDING WESLEY RETIREMENT SERVICES, AND WESLEY COMMUNITY SERVICESTHE WESLEYLIFE COMMUNITY ORGANIZATIONS ARE ALL TAX-EXEMPT ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND FUNCTION TO ENHANCE THE INDEPENDENCE, HEALTH, AND WELLBEING OF OLDER ADULTS TO TRANSFORM THE AGING EXPERIENCE SO THAT OLDER ADULTS LIVE BETTER AND LONGER.THE FOUNDATIONS ACTIVITIES FOCUS ON CONSOLIDATING THE FUNDRAISING ACTIVITIES BY THE WESLEYLIFE COMMUNITY ORGANIZATIONS, AND WHILE NOT SECTION 509(A)(3) SUPPORTING ORGANIZATION, IT IS ORGANIZED AND OPERATED TO EXCLUSIVELY SUPPORT THE SECTION 501(C)(3) WESLEYLIFE COMMUNITY ORGANIZATIONS.TO ENSURE THE FOUNDATIONS MISSION ALIGNS WITH THE WESLEYLIFE COMMUNITY, ITS SOLE MEMBER IS WESLEYLIFE, WHICH IS AN ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND IS A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION AND IS A SUPPORTING ORGANIZATION TO THE WESLEYLIFE COMMUNITY ORGANIZATIONS. AS A TYPE III FUNCTIONALLY INTEGRATED SUPPORTING ORGANIZATION, THE SOLE MEMBER WILL ALSO SUPPORT THE FOUNDATION AS ANOTHER SECTION 509(A)(1) PUBLIC CHARITY AND MEMBER OF THE WESLEYLIFE COMMUNITY.
WESLEYLIFE FOUNDATION WAS ESTABLISHED TO SUPPORT WESLEYLIFE, WHICH IS ROOTED IN THE BELIEF THAT EVERYONE DESERVES THE OPPORTUNITY TO LIVE A LIFE OF ONGOING GROWTH, EXPERIENCE, ENGAGEMENT AND MEANING...
WESLEYLIFE FOUNDATION WAS ESTABLISHED TO SUPPORT WESLEYLIFE, WHICH IS ROOTED IN THE BELIEF THAT EVERYONE DESERVES THE OPPORTUNITY TO LIVE A LIFE OF ONGOING GROWTH, EXPERIENCE, ENGAGEMENT AND MEANING, REGARDLESS OF THEIR PHYSICAL, SOCIAL OR ECONOMIC CIRCUMSTANCES. THE FOUNDATION WORKS CLOSELY WITH WESLEYLIFE TO MANAGE FINANCIAL RESOURCES AND TO SERVE AS RESPONSIBLE STEWARDS.WESLEYLIFE FOUNDATION DISTRIBUTES 100 PERCENT OF ITS CONTRIBUTIONS TO WESLEYLIFE, WHICH HOLDS PERMANENT AND TEMPORARY RESTRICTED NET ASSETS ON BEHALF OF THE FOUNDATION AND AS OF DECEMBER 31, 2023, AMOUNTED TO $28,285,423. THESE FUNDS ARE UTILIZED IN COLLABORATION WITH THE FOUNDATION AND IN ACCORDANCE WITH WESLEYLIFE'S INVESTMENT POLICY, AND THEY DIRECTLY IMPACT AND ENHANCE SERVICES THAT SUPPORT THE INDEPENDENCE, HEALTH AND WELL-BEING OF OLDER ADULTS, WHEREVER THEY CALL HOME.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $10,121,339 | N/A | N/A |
| Expenses | $714,182 | N/A | N/A |
| Net Income | $9,407,157 | N/A | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROB KRETZINGER | PRESIDENT AND CEO | 4.00 |
Officer
Director
|
$0 | $40,147 | $888,861 |
| SOPHIA AHMAD | VP OF PHILANTHROPHY | 40.00 |
Officer
Director
|
$0 | $39,986 | $231,463 |
| TRAVIS SIMPSON | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NATHANIEL DODDRIDGE | VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CONNIE ISSACSON | VICE CHAIR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHRISTINE COONS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT HARRINGTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHRYN KUNERT | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GLEN LEWIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LOIS VERMEER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CRAIG FLANAGAN | CFO | 4.00 |
Officer
|
$0 | $35,569 | $363,206 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $10,121,339 | $714,182 | $90,180 | $9,407,157 |
| 2023 | $10,121,339 | $10,121,339 | $90,180 | No data |
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