CHURCH OF THE MESSIAH HOUSING CORPORATION (EIN 382252958) - 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

1978

Legal Domicile

Principal Officer

RICHARD A CANNON JR

Phone

3132671010

Tax Period

2024-01-01 to 2024-12-31

CHURCH OF THE MESSIAH HOUSING CORPORATION, founded in 1978, is a community nonprofit in the Housing & Shelter sector that reported $3.4M in total revenue in fiscal year 2024. Revenue surged 2357% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.9M, a strong 83% operating margin.

Mission

TO ENGAGE IN HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT ACTIVITIES TO IMPROVE THE QUALITY OF LIFE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $73,981

Program Service Revenue $1,466,997

Investment Income $1,851,954

Other Revenue $56,292

TOTAL REVENUE $3,449,224

Expense Breakdown

Grants Paid $0

Salaries & Benefits $182,019

Fundraising Expenses $0

Program Expenses $393,230

Other Expenses $392,040

TOTAL EXPENSES $574,059

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,449,224	$140,378	+23.6%
Expenses	$574,059	$383,177	+0.5%
Net Income	$2,875,165	$-242,799	-12.8%

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

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

$65,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRY RANDOLPH	MEMBER	0.50	Director	$0	$0	$0
DAISY JACKSON	MEMBER	0.50	Director	$0	$0	$0
NATASHIA DOOLEY-LODGE	MEMBER	0.50	Director	$0	$0	$0
SHARLOTTE ALLEN	MEMBER	0.50	Director	$0	$0	$0
SHERRI SCOTT	MEMBER	0.50	Director	$0	$0	$0
LYNN WIGGINS	MEMBER	0.50	Director	$0	$0	$0
GWEN MCNEAL	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
DAVID MOORE	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
OCIE IRONS	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD A CANNON	EXECUTIVE DIRECTOR	40.00	Officer	$65,000	$0	$65,000

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	$3,449,224	$574,059	$2,157,768	$2,875,165
2023	$140,378	$383,177	$-193,023	$-242,799
2022	$115,083	$528,656	$-433,695	$-413,573
2021	$506,483	$244,463	$-755,702	$262,020
2019	$231,050	$538,460	$697,369	$-307,410
2018	$115,828	$243,226	$953,165	$-127,398

CHURCH OF THE MESSIAH HOUSING CORPORATION