CURRY HAYES HOMES INC

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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

2002

Legal Domicile

Principal Officer

BRANNON HESTER

Phone

3362266446

Tax Period

2024-01-01 to 2024-12-31

CURRY HAYES HOMES INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $223K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $52K, a strong 23% operating margin.

Mission

PROVIDE AFFORDABLE, DECENT AND SAFE HOUSING FOR THE ELDERLY AND DISABLED.

Program Service Accomplishments

Program 1

Expenses: $163,202 Revenue: $171,672

THERE ARE TWELVE APARTMENT UNITS. TEN UNITS WERE SUBSIDIZED. TENANTS IN THE SUBSIDIZED UNITS WERE RESPONSIBLE FOR A PORTION OF THE RENT, AS DETERMINED BY GRAHAM HOUSING AUTHORITY. TWELVE UNITS WERE PRIVATELY PAID. ALL RESIDENTS HAVE ACCESS TO AN ONSITE LAUNDRY FACILITY. ONE NEARBY HOME WAS PRIVATELY RENTED AND ONE NEARBY HOME WAS SUBSIDIZED.

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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 $50,000

Program Service Revenue $171,672

Investment Income $44

Other Revenue $1,193

TOTAL REVENUE $222,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,952

Fundraising Expenses $0

Program Expenses $163,202

Other Expenses $157,574

TOTAL EXPENSES $170,526

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,909	$157,013	+0.4%
Expenses	$170,526	$166,740	+0.0%
Net Income	$52,383	$-9,727	-6.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LATOSHA GODWIN	MEMBER	1.00	Director	$0	$0	$0
BRANNON HESTER	CHAIR PERSON	1.00	Officer Director	$0	$0	$0
CARISA JEFFRIES	MEMBER	1.00	Director	$0	$0	$0
SUSAN LEATH	MEMBER	1.00	Director	$0	$0	$0
WANDA VAUGHN	MEMBER	1.00	Director	$0	$0	$0
CHAD WATLINGTON	MEMBER	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
2024	$222,909	$170,526	$1,382,612	$52,383
2023	$157,013	$166,740	$1,239,678	$-9,727
2022	$147,694	$157,608	$1,086,696	$-9,914
2021	$220,340	$173,049	$1,011,382	$47,291
2020	$144,918	$162,665	$832,254	$-17,747
2020	$438,832	$162,665	$990,134	$276,167
2019	$145,198	$163,058	$721,968	$-17,860
2018	$133,460	$123,888	$755,711	$9,572