DEO VOLENTE INC

🔒

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

2011

Legal Domicile

Principal Officer

BEVERLYE BRADY

Phone

3347403573

Tax Period

2023-01-01 to 2023-12-31

DEO VOLENTE INC, founded in 2011, is a community nonprofit in the Housing & Shelter sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $1.7M exceeded revenue, resulting in a 16% operating deficit.

Mission

TO ASSIST LOW TO MODERATE INCOME INDIVIDUALS IN THE SOUTHEAST,AND PARTICULARLY IN THE STATE OF ALABAMA,THROUGH INVESTMENT IN AFFORDABLE HOUSING LIMITED PARTNERSHIPS AND THROUGH CONTRIBUTIONS TO OTHER SECTION 501(C)(3) ORGANIZATIONS CURRENTLY PROVIDING RELATED SERVICES TO THESE INDIVIDUALS.

Program Service Accomplishments

Program 1

Expenses: $1,638,290 Revenue: $1,441,068

INVESTMENT IN LOW INCOME HOUSING LIMITED PARTNERSHIPS- THE ORGANIZATION INVESTS AS A LIMITED PARTNER IN PARTNERSHIPS THAT OWN INCOME RESTRICTED PROPERTIES TO ACT AS A "PLACE-HOLDER" SO THAT THE...

INVESTMENT IN LOW INCOME HOUSING LIMITED PARTNERSHIPS- THE ORGANIZATION INVESTS AS A LIMITED PARTNER IN PARTNERSHIPS THAT OWN INCOME RESTRICTED PROPERTIES TO ACT AS A "PLACE-HOLDER" SO THAT THE AFFORDABILITY OF THESE PROPERTIES FOR LOW TO MODERATE INCOME INDIVIDUALS CAN BE MAINTAINED. DURING 2023, THE ORGANIZATION MAINTAINED INVESTMENTS IN SIX OF THESE PARTNERSHIPS OPERATING AFFORDABLE HOUSING PROPERTIES LOCATED IN ALABAMA.

Program 2

Expenses: $19,000

CONTRIBUTIONS TO LOCAL SECTION 501(C)(3) ORGANIZATIONS WHO SERVE THE NEEDS OF LOW TO MODERATE INCOME HOUSEHOLDS - THE ORGANIZATION SERVES THE NEEDS OF RESIDENTS OF AFFORDABLE HOUSING BY CONTRIBUTING FUNDS TO WELL ESTABLISHED COMMUNITY BASED NONPROFIT ORGANIZATIONS WHO ARE ABLE TO IDENTIFY AND PROVIDE ASSISTANCE DIRECTLY TO QUALIFIED INDIVIDUALS. IN 2023, CONTRIBUTIONS OF $19,000 WERE MADE TO SUCH ORGANIZATIONS TO FULFILL THE COMMUNITY'S NEEDS.

🔒

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 $0

Program Service Revenue $1,441,068

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,441,068

Expense Breakdown

Grants Paid $19,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,669,986

Other Expenses $1,650,986

TOTAL EXPENSES $1,669,986

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,441,068	$1,186,226	+0.2%
Expenses	$1,669,986	$1,339,808	+0.2%
Net Income	$-228,918	$-153,582	+0.5%

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

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
BEVERLYE BRADY	PRESIDENT	1.00	Officer Director	$0	$0	$0
RAY HARRIS	VICE PRESIDENT	1.00	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	$1,441,068	$1,669,986	$2,429,415	$-228,918
2022	$1,186,226	$1,339,808	$2,658,333	$-153,582
2021	$1,158,119	$1,237,749	$2,811,915	$-79,630
2020	$1,784,187	$1,583,966	$2,935,216	$200,221
2019	$781,734	$1,176,427	$2,691,324	$-394,693
2018	$3,740,487	$2,090,624	$3,086,017	$1,649,863