VIRACITY CORPORATION (EIN 464824404) - 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

2014

Legal Domicile

Principal Officer

MICHE'LE COKER

Phone

5618197580

Tax Period

2024-01-01 to 2024-12-31

VIRACITY CORPORATION, founded in 2014, is a micro nonprofit in the Housing & Shelter sector that reported $15K in total revenue in fiscal year 2024. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $28K exceeded revenue, resulting in a 78% operating deficit.

Mission

Affordable housing and shelter for seniors, veterans and people with disabilities, shelter for their children and animals, and service dog training

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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 $34

Program Service Revenue $14,975

Investment Income $453

Other Revenue $0

TOTAL REVENUE $15,462

Expense Breakdown

Grants Paid $185

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,541

Other Expenses $27,356

TOTAL EXPENSES $27,541

Year-over-Year Comparison

	2024	2023	Change
Revenue	$15,462	$67,127	-0.8%
Expenses	$27,541	$28,506	0.0%
Net Income	$-12,079	$38,621	-1.3%

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

N/A

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
Miche'le Coker	President	30	Officer	$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	$15,462	$27,541	$839,080	$-12,079
2023	$67,127	$28,506	$890,528	$38,621
2022	$12,076	$38,647	$600,411	$-26,571
2021	$4,195	$55,043	$602,567	$-50,848

VIRACITY CORPORATION