MORGAN W TANN HOUSING INC (EIN 311768801) - 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

2001

Legal Domicile

Principal Officer

GARRICK WITHERSPOON

Phone

2529460110

Tax Period

2025-01-01 to 2025-12-31

MORGAN W TANN HOUSING INC, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $328K in total revenue in fiscal year 2025. Expenses of $417K exceeded revenue, resulting in a 27% operating deficit.

Mission

TO OPERATE A 37-UNIT APARTMENT COMPLEX FOR THE ELDERLY IN REIDSVILLE, NC.

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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 $225,458

Program Service Revenue $101,356

Investment Income $975

Other Revenue $0

TOTAL REVENUE $327,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $401,157

Other Expenses $417,310

TOTAL EXPENSES $417,310

Year-over-Year Comparison

	2025	2024	Change
Revenue	$327,789	$332,100	0.0%
Expenses	$417,310	$384,890	+0.1%
Net Income	$-89,521	$-52,790	+0.7%

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
GARRICK WITHERSPOON	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ERIC WHITAKER	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
MILDRED K RANDOLPH	TREASURER	1.00	Officer Director	$0	$0	$0
JOYCE O'NEAL	SECRETARY	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	$327,789	$417,310	$1,262,425	$-89,521
2024	$332,100	$384,890	$1,333,907	$-52,790
2023	$303,202	$369,572	$1,394,238	$-66,370
2022	$290,845	$372,440	$1,446,557	$-81,595
2021	$274,071	$353,054	$1,529,690	$-78,983
2020	$261,066	$333,294	$1,596,348	$-72,228
2019	$237,356	$309,416	$1,661,393	$-72,060
2018	$229,326	$287,360	$1,732,102	$-58,034

MORGAN W TANN HOUSING INC