GEORGE J LEAKE HOUSING INC (EIN 300060503) - 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

2002

Legal Domicile

Principal Officer

GARRICK WITHERSPOON

Phone

2529460110

Tax Period

2025-01-01 to 2025-12-31

GEORGE J LEAKE HOUSING INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $445K in total revenue in fiscal year 2025.

Mission

TO OPERATE A 45-UNIT APARTMENT COMPLEX FOR THE ELDERLY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $297,786

Program Service Revenue $144,677

Investment Income $2,488

Other Revenue $0

TOTAL REVENUE $444,951

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $450,512

Other Expenses $468,704

TOTAL EXPENSES $468,704

Year-over-Year Comparison

	2025	2024	Change
Revenue	$444,951	$436,149	+0.0%
Expenses	$468,704	$444,634	+0.1%
Net Income	$-23,753	$-8,485	+1.8%

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

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
GARRICK WITHERSPOON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ERIC WHITAKER	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOYCE O'NEAL	SECRETARY	1.00	Officer Director	$0	$0	$0
MILDRED K RANDOLPH	TREASURER	1.00	Officer Director	$0	$0	$0
SOLOMON ORE JR	DIRECTOR	1.00	Director	$0	$0	$0
PAULA MCCULLOUGH	DIRECTOR	1.00	Director	$0	$0	$0
ERNEST REESE JR	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
2025	$444,951	$468,704	$1,359,623	$-23,753
2024	$436,149	$444,634	$1,377,363	$-8,485
2023	$377,881	$445,846	$1,399,677	$-67,965
2022	$338,135	$439,805	$1,456,915	$-101,670
2021	$316,093	$388,483	$1,562,323	$-72,390
2020	$303,613	$374,004	$1,629,101	$-70,391
2019	$280,454	$363,049	$1,695,019	$-82,595
2018	$238,901	$297,658	$1,785,193	$-58,757

GEORGE J LEAKE HOUSING INC