WINGS LEARNING CENTER INC (EIN 943385745) - 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

2001

Legal Domicile

Principal Officer

JOSHUA JOHNSON

Phone

6506243165

Tax Period

2023-09-01 to 2024-08-31

WINGS LEARNING CENTER INC, founded in 2001, is a community nonprofit in the Education sector that reported $3.0M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $3.5M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO MEET THE NEEDS OF STUDENTS WITH AUTISM AND DISORDERS RELATING AND COMMUNICATING.

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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 $195,879

Program Service Revenue $2,801,498

Investment Income $-11,819

Other Revenue $1,151

TOTAL REVENUE $2,986,709

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,270,785

Fundraising Expenses $31,250

Program Expenses $3,235,294

Other Expenses $1,187,308

TOTAL EXPENSES $3,458,093

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,986,709	$2,420,170	+0.2%
Expenses	$3,458,093	$3,365,627	+0.0%
Net Income	$-471,384	$-945,457	-0.5%

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

Governance

Voting Members

Independent Members

Employees

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

$156,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IRMA E VELASQUEZ	BOARD PRESIDENT	2.00	Officer Director	$0	$0	$0
LA DONNA FORD	SECRETARY	2.00	Officer Director	$0	$0	$0
ANITA CAREY	TREASURER	2.00	Officer Director	$0	$0	$0
PHIL SHEMANSKI	TREASURER THRU 12/2023	2.00	Officer Director	$0	$0	$0
ANDIE RICH	BOARD MEMBER	2.00	Director	$0	$0	$0
DAHLIA UCHIHARA	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSHUA JOHNSON	BOARD MEMBER	2.00	Director	$0	$0	$0
KENNETH TOREN	EXECUTIVE ADVISOR	16.00	Officer	$156,250	$0	$156,250
LAXMI GHALE	PROGRAM DIRECTOR	40.00	Highest	$147,909	$12,418	$160,327
KEVIN SKIDMORE	TEACHER	40.00	Highest	$106,044	$11,197	$117,241
SHERRY FEURTADO	TEACHER	40.00	Highest	$100,174	$10,953	$111,127

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
2025	No data	No data	No data	No data
2024	$2,986,709	$3,458,093	$1,286,514	$-471,384
2023	$2,420,170	$3,365,627	$1,484,099	$-945,457
2022	$3,281,629	$3,288,348	$2,429,314	$-6,719
2021	$3,308,296	$3,145,670	$2,939,194	$162,626
2020	$3,681,063	$3,505,851	$2,784,155	$175,212
2019	$3,573,546	$3,469,021	$2,165,111	$104,525
2018	$3,346,373	$3,164,255	$2,092,715	$182,118

WINGS LEARNING CENTER INC