NARTHEX INC ST PAUL TERRACE (EIN 311013799) - 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

1981

Legal Domicile

Principal Officer

TOM FARNSWORTH

Phone

6142242083

Tax Period

2022-01-01 to 2022-12-31

NARTHEX INC ST PAUL TERRACE, founded in 1981, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2022. Revenue surged 320% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 92% operating margin.

Mission

TO PROVIDE LOW INCOME HOUSING TO THE ELDERLY AND HANDICAPPED.

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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 (2022)

Revenue Breakdown

Contributions & Grants $101,122

Program Service Revenue $51,541

Investment Income $2,103,275

Other Revenue $3,761

TOTAL REVENUE $2,259,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $153,751

Other Expenses $173,109

TOTAL EXPENSES $173,109

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,259,699	$538,539	+3.2%
Expenses	$173,109	$647,047	-0.7%
Net Income	$2,086,590	$-108,508	-20.2%

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
REV W MICHIE KLUSMEYER	PRESIDENT	1.00	Officer Director	$0	$0	$0
LINDA COMINS	SECRETARY	1.00	Officer Director	$0	$0	$0
DONALD REBICH	TREASURER	1.00	Officer Director	$0	$0	$0
REV RICHARD SKAGGS	MEMBER	1.00	Director	$0	$0	$0
THOMAS FARNSWORTH	MEMBER	1.00	Director	$0	$0	$0
BARBARA HINKLE	MEMBER	1.00	Director	$0	$0	$0
DEBBIE COOEY	MEMBER	1.00	Director	$0	$0	$0
D K WRIGHT	MEMBER	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
2022	$2,259,699	$173,109	No data	$2,086,590
2021	$538,539	$647,047	$1,182,608	$-108,508
2020	$524,080	$468,071	$1,189,824	$56,009
2019	$511,886	$448,903	$1,179,822	$62,983
2018	$519,514	$463,894	$1,318,604	$55,620

NARTHEX INC ST PAUL TERRACE