Village at Northgate Housing Inc (EIN 161754298) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

DON G WELLONS

Phone

9108920436

Tax Period

2025-01-01 to 2025-12-31

Village at Northgate Housing Inc, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $306K in total revenue in fiscal year 2025. Expenses of $397K exceeded revenue, resulting in a 30% operating deficit.

Mission

Reduced rent housing for elderly and handicapped

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $305,981

Investment Income $379

Other Revenue $0

TOTAL REVENUE $306,360

Expense Breakdown

Grants Paid $0

Salaries & Benefits $72,805

Fundraising Expenses $0

Program Expenses $317,529

Other Expenses $324,307

TOTAL EXPENSES $397,112

Year-over-Year Comparison

	2025	2024	Change
Revenue	$306,360	$302,336	+0.0%
Expenses	$397,112	$367,814	+0.1%
Net Income	$-90,752	$-65,478	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Don G Wellons	Pres/Director	2.00	Director	$0	$0	$0
Lauren W White	VP/Director	2.00	Officer Director	$0	$0	$0
Andrea C Howard	Sec/Treas/Director	2.00	Officer Director	$0	$0	$0
Kathy H Kennedy	Director	2.00	Director	$0	$0	$0
Gene T Jernigan	Director	2.00	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	$306,360	$397,112	$2,595,416	$-90,752
2024	$302,336	$367,814	$2,674,673	$-65,478
2023	$285,166	$367,577	$2,744,861	$-82,411
2022	$263,099	$377,222	$2,809,465	$-114,123
2021	$232,182	$317,126	$2,931,304	$-84,944
2020	$209,984	$275,204	$3,010,366	$-65,220
2019	$197,836	$294,434	$3,084,951	$-96,598
2018	$194,247	$271,357	$3,171,969	$-77,110

Village at Northgate Housing Inc