PHILANDO HOUSE CORPORATION

EIN: 272387941 Education

CHAPEL HILL, NC

Total Revenue
$189,624
Total Expenses
$159,339
Total Assets
$557,379
Net Assets
$507,196
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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
2010
Legal Domicile
NC
Tax Period
2023-07-01 to 2024-06-30

PHILANDO HOUSE CORPORATION, founded in 2010, is a small nonprofit in the Education sector that reported $190K in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $30K, a strong 16% operating margin.

Mission

The corporation is organized and operated exclusively to develop, establish, foster and maintain sisterhood and social interaction within and among its members.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,455
Program Service Revenue $175,889
Investment Income $10,472
Other Revenue $1,808
TOTAL REVENUE $189,624

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $159,339
TOTAL EXPENSES $159,339

Year-over-Year Comparison

2023 2022 Change
Revenue $189,624 $116,721 +0.6%
Expenses $159,339 $135,397 +0.2%
Net Income $30,285 $-18,676 -2.6%
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Lakes Treasurer 0.00
Officer
$0 $0 $0
Bonnie Wunsch Secretary 0.00
Officer
$0 $0 $0
Marla Bowman President 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
2025 No data No data No data No data
2024 $189,624 $159,339 $557,379 $30,285
2023 $116,721 $135,397 $415,783 $-18,676
2022 $162,091 $195,949 $434,459 $-33,858
2021 $129,568 $78,446 $469,503 $51,122
2020 $114,506 $79,373 $414,452 $35,133
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