WOLDUMAR ENDOWNMENT CHARITABLE TR

EIN: 916542498 501(c)(3) Environment

East Lansing, MI

Total Revenue
$43,552
Total Expenses
$42,400
Total Assets
$883,142
Net Assets
$883,142
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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
2001
Legal Domicile
MI
Principal Officer
JB McCombs
Phone
5172203031
Tax Period
2024-01-01 to 2024-12-31

WOLDUMAR ENDOWNMENT CHARITABLE TR, founded in 2001, is a micro nonprofit in the Environment sector that reported $44K in total revenue in fiscal year 2024. Revenue surged 12343% from the prior year, signaling strong growth momentum. Net assets of $883K represent 243 months of operating reserves.

Mission

Financial support for Wolumar Nature Center. WNA is a 501(c)(3) nature education center in Lansing, MI

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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 $43,552
Other Revenue $0
TOTAL REVENUE $43,552

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $42,400
Other Expenses $42,400
TOTAL EXPENSES $42,400

Year-over-Year Comparison

2024 2023 Change
Revenue $43,552 $350 +123.4%
Expenses $42,400 N/A N/A
Net Income $1,152 $350 +2.3%
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

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Governance

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

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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JB McCombs Trustee 1
Director
$0 $0 $0
Melissa Hatfield Trustee 1
Director
$0 $0 $0
David Baker Trustee 1
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 $43,552 $42,400 $883,142 $1,152
2023 $350 No data $817,976 No data
2022 $42,645 $43,843 $690,235 $-1,198
2021 $47,534 $39,000 $875,824 $8,534
2020 $102,840 $35,600 $783,456 $67,240
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