BARROWS MILL HOUSING INC (EIN 412161570) - 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

2007

Legal Domicile

Principal Officer

DON WELLONS

Phone

9108920436

Tax Period

2024-01-01 to 2024-12-31

BARROWS MILL HOUSING INC, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $321K in total revenue in fiscal year 2024. Expenses of $423K exceeded revenue, resulting in a 32% operating deficit.

Mission

PROVIDE LOW RENT HOUSING OPPORTUNITIES FOR LOWER INCOME EDLERLY CITIZENS

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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 $0

Program Service Revenue $320,811

Investment Income $107

Other Revenue $0

TOTAL REVENUE $320,918

Expense Breakdown

Grants Paid $0

Salaries & Benefits $94,929

Fundraising Expenses $0

Program Expenses $370,234

Other Expenses $327,627

TOTAL EXPENSES $422,556

Year-over-Year Comparison

	2024	2023	Change
Revenue	$320,918	$311,758	+0.0%
Expenses	$422,556	$437,308	0.0%
Net Income	$-101,638	$-125,550	-0.2%

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

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
Don G Wellons	Pres/Director	2.00	Director	$0	$0	$0
Sylvia W Craft	VP/Director	2.00	Director	$0	$0	$0
Kathy H Kennedy	Sec/Treas/Director	2.00	Director	$0	$0	$0
Leigh Anna W Thompson	Asst Sec/Director	2.00	Director	$0	$0	$0
Lauren W White	Director	2.00	Director	$0	$0	$0
Gene T Jernigan	Director	2.00	Director	$0	$0	$0
Andrea C Howard	Director	2.00	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	No data	No data	No data	No data
2024	$320,918	$422,556	$1,436,427	$-101,638
2023	$311,758	$437,308	$1,501,683	$-125,550
2022	$297,334	$384,458	$1,627,407	$-87,124
2021	$288,521	$391,146	$1,703,958	$-102,625
2020	$283,606	$354,220	$1,803,328	$-70,614
2019	$266,647	$372,619	$1,887,288	$-105,972
2018	$252,220	$346,336	$1,990,052	$-94,116

BARROWS MILL HOUSING INC