FULLER CENTER FOR HOUSING OF NORFOLK NE INC (EIN 470774831) - Form 990 Financial Analysis & Trantor Score

🔒

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

1999

Principal Officer

LORI OERTWICH

Phone

4023713510

Tax Period

2023-01-01 to 2023-12-31

FULLER CENTER FOR HOUSING OF NORFOLK NE INC, founded in 1999, is a micro nonprofit that reported $40K in total revenue in fiscal year 2023. Revenue fell 24% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $17K, a strong 42% operating margin.

Mission

FULLER CENTER FOR HOUSING OF NORFOLK WORKS IN PARTNERSHIP WITH GOD AND PEOPLE EVERYWHERE, FROM ALL WALKS OF LIFE, TO DEVELOP COMMUNITIES WITH GOD'S PEOPLE IN NEED BY BUILDING AND RENOVATING HOUSES SO THAT THERE ARE DECENT HOUSES IN COMMUNITIES IN WHICH PEOPLE CAN LIVE AND GROW INTO ALL THAT GOD INTENDED.

🔒

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 $1,942

Program Service Revenue $35,909

Investment Income $1,908

Other Revenue $0

TOTAL REVENUE $39,759

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,225

Other Expenses $23,225

TOTAL EXPENSES $23,225

Year-over-Year Comparison

	2023	2022	Change
Revenue	$39,759	$52,084	-0.2%
Expenses	$23,225	$26,071	-0.1%
Net Income	$16,534	$26,013	-0.4%

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
BEV FERGUSON	SECRETARY	1.00	Officer	$0	$0	$0
MIKE FRANK	VICE CHAIR	1.00	Officer	$0	$0	$0
MARCI NELSON	TREASURER	1.00	Officer	$0	$0	$0
LORI OERTWICH	CHAIR	1.00	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	No data	No data	No data	No data
2023	$39,759	$23,225	$1,379,521	$16,534
2022	$52,084	$26,071	$1,391,881	$26,013
2021	$156,967	$48,183	$1,393,368	$108,784
2020	$69,377	$33,902	$1,367,559	$35,475
2019	$97,944	$116,437	$1,348,445	$-18,493
2019	$112,533	$125,698	$1,348,925	$-13,165
2018	$332,196	$350,743	$1,388,645	$-18,547

FULLER CENTER FOR HOUSING OF NORFOLK NE INC