MIRCI GROUP HOMES INC (EIN 202024216) - 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

2004

Legal Domicile

Principal Officer

BILLIE STOUDEMIRE

Phone

8436239016

Tax Period

2024-01-01 to 2024-06-30

MIRCI GROUP HOMES INC, founded in 2004, is a micro nonprofit in the Housing & Shelter sector that reported $69K in total revenue in fiscal year 2023. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $80K exceeded revenue, resulting in a 15% operating deficit.

Mission

MIRCI GROUP HOMES, INC., HUD PROJECT NO. 054 - HD101-CMI (THE PROJECT), IS A NON-PROFIT CORPORATION UNDER THE LAWS OF THE STATE OF SOUTH CAROLINA, FOR THE PURPOSE OF DEVELOPING AND OPERATING TWO SIX-BED GROUP HOMES. THE PROJECT IS LOCATED IN RICHLAND COUNTY, SOUTH CAROLINA.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $42,044

Program Service Revenue $26,524

Investment Income $1

Other Revenue $811

TOTAL REVENUE $69,380

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,187

Fundraising Expenses $0

Program Expenses $71,079

Other Expenses $76,669

TOTAL EXPENSES $79,856

Year-over-Year Comparison

	2023	2022	Change
Revenue	$69,380	$128,145	-0.5%
Expenses	$79,856	$127,122	-0.4%
Net Income	$-10,476	$1,023	-11.2%

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
ROBBIE L ROBERTSON SR	MEMBER	1.00	Director	$0	$0	$0
HENRY A SUGGS	MEMBER	1.00	Director	$0	$0	$0
DAVID MATTHEWS	MEMBER	1.00	Director	$0	$0	$0
VALENCIA HOWARD	MEMBER	1.00	Director	$0	$0	$0
BILLIE G STOUDEMIRE	CHAIRPERSON	4.00	Officer	$0	$0	$0
JERRY C MCMANUS	VICE CHAIRPERSON	1.00	Officer	$0	$0	$0
KAY SPEARS	SECRETARY/TREASURER	1.00	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
2025	No data	No data	No data	No data
2024	$69,380	$79,856	$675,368	$-10,476
2023	$128,145	$127,122	$664,717	$1,023
2022	$107,680	$135,476	$667,717	$-27,796
2021	$112,622	$143,433	$698,241	$-30,811
2020	$104,602	$134,513	$725,544	$-29,911
2019	$103,448	$135,464	$737,677	$-32,016
2018	$102,967	$143,586	$753,964	$-40,619

MIRCI GROUP HOMES INC