WESLEY DEVELOPMENTS (EIN 952810896) - 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

Legal Domicile

Phone

6198768913

Tax Period

2024-07-01 to 2025-06-30

WESLEY DEVELOPMENTS is a small nonprofit in the Housing & Shelter sector that reported $363K in total revenue in fiscal year 2024. Revenue surged 146% from the prior year, signaling strong growth momentum. The organization ran a surplus of $144K, a strong 40% operating margin.

Mission

TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND HANDICAPPED

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $362,835

Investment Income $24

Other Revenue $189

TOTAL REVENUE $363,048

Expense Breakdown

Grants Paid $187,400

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $219,422

Other Expenses $32,022

TOTAL EXPENSES $219,422

Year-over-Year Comparison

	2024	2023	Change
Revenue	$363,048	$147,704	+1.5%
Expenses	$219,422	$26,130	+7.4%
Net Income	$143,626	$121,574	+0.2%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
GREG ESTEP	President	Officer Director	$0	$0	$0
AUDREY BENJAMIN	Director	Director	$0	$0	$0
THUY TRANG PHAN	Director	Director	$0	$0	$0
ANTOINETTE RYDER	CFO	Officer Director	$0	$0	$0
HIEU MINH CASTLE	Director	Director	$0	$0	$0
JOSEPH HUYNH	Director	Director	$0	$0	$0
DANIEL LE	Director	Director	$0	$0	$0
HUNG LE	Director	Director	$0	$0	$0
KATIE DINH	Secretary	Officer Director	$0	$0	$0
BRIAN NGUYEN	Director	Director	$0	$0	$0
KELVIN PHAN	Director	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
2025	$363,048	$219,422	$503,780	$143,626
2022	$113,994	$193,152	$519,744	$-79,158
2021	$4,443	$420,221	$3,053,890	$-415,778
2020	$9,563,496	$13,327,751	$1,558,058	$-3,764,255
2019	$2,518,129	$1,685,911	$8,054,933	$832,218
2018	$2,410,879	$1,659,939	$7,247,302	$750,940

WESLEY DEVELOPMENTS