FIRST RICHLAND-MORROW HOUSING INC IV (EIN 341789821) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

OBIE STILLWELL

Phone

6144519000

Tax Period

2023-01-01 to 2023-12-31

FIRST RICHLAND-MORROW HOUSING INC IV, founded in 1994, is a small nonprofit that reported $195K in total revenue in fiscal year 2023. Expenses of $231K exceeded revenue, resulting in a 19% operating deficit.

Mission

LOW INCOME HOUSING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $118,727

Program Service Revenue $74,863

Investment Income $25

Other Revenue $1,377

TOTAL REVENUE $194,992

Expense Breakdown

Grants Paid $0

Salaries & Benefits $41,900

Fundraising Expenses $0

Program Expenses $175,281

Other Expenses $189,322

TOTAL EXPENSES $231,222

Year-over-Year Comparison

	2023	2022	Change
Revenue	$194,992	$184,971	+0.1%
Expenses	$231,222	$240,964	0.0%
Net Income	$-36,230	$-55,993	-0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
DREMA AUKERMAN	CHAIRMAN	0.25	Officer Director	$0	$0	$0
RODNEY MANGHAM	MEMBER	0.25	Director	$0	$0	$0
RONDREA MCCRUTER	MEMBER	0.25	Director	$0	$0	$0
MARY MCDONALD	TREASURER	0.25	Officer Director	$0	$0	$0
CLARINE MURPHY	MEMBER	0.25	Director	$0	$0	$0
KATHRYN POLING	MEMBER	0.25	Director	$0	$0	$0
TIFFANY RANFT	SECRETARY	0.25	Director	$0	$0	$0
OBIE STILLWELL	EXECUTIVE DI	0.25	Officer 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	$194,992	$231,222	$505,863	$-36,230
2022	$184,971	$240,964	$540,479	$-55,993
2021	$186,333	$241,965	$607,513	$-55,632
2020	$181,655	$215,443	$651,757	$-33,788
2019	$190,651	$373,206	$693,949	$-182,555
2018	$166,413	$224,906	$872,707	$-58,493

FIRST RICHLAND-MORROW HOUSING INC IV