WESLEY ALUMNI ASSOCIATION

EIN: 953674863 501(c)(3)

LOS ANGELES, CA

Total Revenue
$217,522
Total Expenses
$93,036
Total Assets
$2,118,807
Net Assets
$2,118,807
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
CA
Phone
3104743383
Tax Period
2021-01-01 to 2021-12-31

WESLEY ALUMNI ASSOCIATION, founded in 1982, is a small nonprofit that reported $218K in total revenue in fiscal year 2021. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $124K, a strong 57% operating margin.

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO THE UNITED METHODIST CHURCH (UMC) CAMPUS MINISTRY AT UCLA AND FINANCIAL ASSITANCE TO THE EDUCATION OF YOUTH THROUGH FINE ARTS SUPPORTING JUDEO-CHRISTIAN BELIEFS. FUNDS GET GENERATED BY INVESTING ENDOWMENT FUNDS AND DONATIONS FOR MEMBERS AND FRIENDS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $217,522
Other Revenue $0
TOTAL REVENUE $217,522

Expense Breakdown

Grants Paid $75,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $93,036
Other Expenses $18,036
TOTAL EXPENSES $93,036

Year-over-Year Comparison

2021 2020 Change
Revenue $217,522 $249,392 -0.1%
Expenses $93,036 $81,995 +0.1%
Net Income $124,486 $167,397 -0.3%
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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Governance

Voting Members
1
Independent Members
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD H KEAGY PRESIDENT/TREAS 0.00
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
2021 $217,522 $93,036 $2,118,807 $124,486
2020 $249,392 $81,995 $1,994,321 $167,397
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