WAYLAND COMMUNITY FUND 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

2023

Legal Domicile

Principal Officer

LYNN DOWD

Phone

7815315435

Tax Period

2023-01-01 to 2023-12-31

WAYLAND COMMUNITY FUND INC, founded in 2023, is a small nonprofit in the Human Services sector that reported $258K in total revenue in fiscal year 2023. The organization ran a surplus of $215K, a strong 83% operating margin.

Mission

TO PROVIDE SHORT-TERM EMERGENCY FINANCIAL ASSISTANCE TO ELIGIBLE WAYLANDRESIDENTS. ELIGIBLE RESIDENTS WILL 1) BE CURRENT RESIDENTS OF WAYLAND, MA; 2) HAVE MAINTAINED THEIR PRIMARY RESIDENCE IN WAYLAND, MA FOR AT LEAST ONE YEAR; AND 3) HAVE A DEMONSTRATED FINANCIAL NEED. FUNDING IS PROVIDED FOR BASIC NEEDS SUCH AS UTILITIES, RENT, FOOD, MEDICAL BILLS, AND OTHER LIVING EXPENSES. FUNDS ARE NOT PROVIDED DIRECTLY TO THE APPLICANT, BUT DISBURSED TO THE VENDOR OF THE OUTSTANDING BILL

Program Service Accomplishments

Program 1

Expenses: $5,271

TRANSPORTATION: $5,270.67 TO 9 RESIDENTS. THIS INCLUDED CAR LOANS, REPAIRS, ASSISTANCE WITH CAR PURCHASE, AND BUS TRANSPORTATION. BECAUSE WAYLAND IS A SUBURBAN TOWN WITH LIMITED PUBLIC...

TRANSPORTATION: $5,270.67 TO 9 RESIDENTS. THIS INCLUDED CAR LOANS, REPAIRS, ASSISTANCE WITH CAR PURCHASE, AND BUS TRANSPORTATION. BECAUSE WAYLAND IS A SUBURBAN TOWN WITH LIMITED PUBLIC TRANSPORTATION, MOST RESIDENTS NEED AND OWN A CAR.

Program 2

Expenses: $18,863

HOUSING: $18,863.06 TO 13 RESIDENTS. THIS INCLUDED RENT AND MORTGAGE PAYMENTS.

Program 3

Expenses: $6,208

ELECTRICITY: $6,208.28 TO 8 RESIDENTS.

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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 $258,188

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $258,188

Expense Breakdown

Grants Paid $42,244

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $42,244

Other Expenses $576

TOTAL EXPENSES $42,820

Year-over-Year Comparison

	2023	2022	Change
Revenue	$258,188	N/A	N/A
Expenses	$42,820	N/A	N/A
Net Income	$215,368	N/A	N/A

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

N/A

Volunteers

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
LYNN DOWD	PRESIDENT	1.00	Officer	$0	$0	$0
BECCA TIPTON	TREASURER	1.00	Officer	$0	$0	$0
JODI CHASE	CLERK	1.00	Officer	$0	$0	$0
JANE PURSER	DIRECTOR	1.00	Officer	$0	$0	$0
RUTH BACKMAN	DIRECTOR	1.00	Officer	$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	$258,188	$42,820	$250,311	$215,368