GREENSBORO UNITED METHODIST HOUSING INC (EIN 237396669) - 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

Formation Year

1971

Legal Domicile

Principal Officer

LARRY PROCTOR

Phone

3365442300

Tax Period

2023-01-01 to 2023-12-31

GREENSBORO UNITED METHODIST HOUSING INC, founded in 1971, is a small nonprofit in the Housing & Shelter sector that reported $841K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $735K left a modest 13% surplus.

Mission

TO PROVIDE AFFORDABLE HOUSING TO SENIOR CITIZENS IN GREENSBORO, NORTH CAROLINA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $576,010

Program Service Revenue $238,589

Investment Income $2,736

Other Revenue $23,294

TOTAL REVENUE $840,629

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $727,695

Other Expenses $735,280

TOTAL EXPENSES $735,280

Year-over-Year Comparison

	2023	2022	Change
Revenue	$840,629	$675,850	+0.2%
Expenses	$735,280	$698,297	+0.1%
Net Income	$105,349	$-22,447	-5.7%

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

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
LARRY PROCTOR	CHAIRMAN	1.00	Officer Director	$0	$0	$0
VANCE WHICKER	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
HAROLD PROCTOR	TREASURER	1.00	Officer Director	$0	$0	$0
LEWIS MOORE	SECRETARY	1.00	Officer Director	$0	$0	$0
BEN BROTHERS	DIRECTOR	1.00	Director	$0	$0	$0
REV SUSAN HOYLE	DIRECTOR	1.00	Director	$0	$0	$0
DON VENABLE	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$840,629	$735,280	$3,206,608	$105,349
2022	$675,850	$698,297	$3,149,432	$-22,447
2021	$645,845	$623,003	$3,220,509	$22,842
2020	$620,992	$611,129	$3,267,162	$9,863
2019	$616,624	$711,296	$3,300,583	$-94,672
2018	$577,411	$632,364	$3,419,820	$-54,953

GREENSBORO UNITED METHODIST HOUSING INC