KOINONIA COMMUNITY SOLUTIONS (EIN 465737517) - 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

Watsi M Sutton

Phone

2527521898

Tax Period

2023-01-01 to 2023-12-31

KOINONIA COMMUNITY SOLUTIONS, founded in 2014, is a small nonprofit in the Human Services sector that reported $942K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

Building bridges of opportunity to the underserved in northeastern North Carolina through education, housing and economic empowerment.

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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 (2023)

Revenue Breakdown

Contributions & Grants $357,787

Program Service Revenue $583,304

Investment Income $0

Other Revenue $616

TOTAL REVENUE $941,707

Expense Breakdown

Grants Paid $0

Salaries & Benefits $760,589

Fundraising Expenses $14,701

Program Expenses $841,932

Other Expenses $220,503

TOTAL EXPENSES $981,092

Year-over-Year Comparison

	2023	2022	Change
Revenue	$941,707	$823,294	+0.1%
Expenses	$981,092	$559,717	+0.8%
Net Income	$-39,385	$263,577	-1.1%

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

104

Volunteers

104

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

$88,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Watsi Sutton	Executive Director	50	Key Emp	$88,000	$0	$88,000
Bishop Rosie O'Neal	Board Chair	1.25	Director	$0	$0	$0
Dr LaTonya Dixon	Board Vice-Chair	0.50	Director	$0	$0	$0
Sharon Alexander	Board Treasurer/Secretary	0.5	Director	$0	$0	$0
Anthony Hutchins	Board Member	0.5	Director	$0	$0	$0
Erma Burstion	Board Member	0.5	Director	$0	$0	$0
Shante Smith	Board Member	0.5	Director	$0	$0	$0
Arlene Gardner-Daniels	Board Member	0.5	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
2023	$941,707	$981,092	$395,503	$-39,385
2022	$823,294	$559,717	$467,694	$263,577
2021	$190,733	$113,219	$93,902	$77,514
2020	$83,219	$84,437	$11,157	$-1,218
2019	$182,662	$180,855	$10,924	$1,807

KOINONIA COMMUNITY SOLUTIONS