Wesley-asbury Inc is a 501(c)(3) organization based in Cordova, Tennessee, registered in 1993, with $1,127,884 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.1M
▲ 48.7% vs prior year
Housing median: $408K
Expenses (FY2024)
$1.3M
Net assets
-$1.4M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Wesley-asbury Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Wesley-asbury Inc: 0 mo reserves · -16% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Wesley-asbury Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Wesley-asbury Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $843K (FY2013) to $1.1M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-15.9%
Spent more than it raised in the latest fiscal year.
Total assets
$387K
Total liabilities
$1.8M
Net assets
-$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,127,884▲48.7% | $1,307,615▲15.3% | -$1,378,579▼15.0% | $386,680▼5.6% | 990 |
| 2023 | $758,263▲15.2% | $1,134,435▲10.3% | -$1,198,848▼45.7% | $409,465▼9.7% | 990 |
| 2022 | $657,973▼5.2% | $1,028,518▲16.3% | -$822,676▼82.0% | $453,435▼17.8% | 990 |
| 2021 | $693,916▼8.4% | $884,557▲4.7% | -$452,131▼72.9% | $551,388▼3.4% | 990 |
| 2020 | $757,862▼12.1% | $844,569▼1.3% | -$261,490▼49.6% | $571,010▼15.1% | 990 |
| 2019 | $862,253▼3.2% | $855,408 | -$174,783▲3.8% | $672,594▼8.4% | 990 |
| 2018 | $890,891▼5.5% | $854,981▼5.1% | -$181,628▲16.5% | $733,980▼3.3% | 990 |
| 2017 | $942,507▲4.7% | $900,879▲1.0% | -$217,538▲16.1% | $759,371▼4.7% | 990 |
| 2016 | $900,232▲4.7% | $892,340▲2.6% | -$259,166▲3.0% | $796,849▼6.9% | 990 |
| 2015 | $859,980▼5.7% | $869,964▲2.5% | -$267,058▼3.9% | $856,305▼20.5% | 990 |
| 2014 | $912,345▲8.2% | $848,522▲6.0% | -$257,074▲19.9% | $1,076,945▲1.3% | 990 |
| 2013 | $843,283 | $800,182▲7.6% | -$320,897▲11.8% | $1,063,138▼3.1% | 990 |
| 2012 | — | $743,374▲0.5% | -$363,998▲20.5% | $1,097,612▲7.0% | 990 |
| 2011 | — | $739,632▲17.5% | -$457,952▲8.3% | $1,025,523▲1.6% | 990 |
| 2010 | — | $629,382 | -$499,444 | $1,008,950 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Wesley-asbury Inc (EIN 58-2064631) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.