UNITED MUTUAL CORP (EIN 473887524) - 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

2015

Legal Domicile

Principal Officer

HERMAN HEWITT

Phone

2124735940

Tax Period

2023-01-01 to 2023-12-31

UNITED MUTUAL CORP, founded in 2015, is a micro nonprofit in the Housing & Shelter sector that reported $1K in total revenue in fiscal year 2023. Revenue surged 592% from the prior year, signaling strong growth momentum. Expenses of $56K exceeded revenue, resulting in a 3729% operating deficit.

Mission

TO PROVIDE LOW & MODERATE INCOME HOUSING

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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 $0

Program Service Revenue $0

Investment Income $1,467

Other Revenue $0

TOTAL REVENUE $1,467

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $56,174

Other Expenses $56,174

TOTAL EXPENSES $56,174

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,467	$212	+5.9%
Expenses	$56,174	$26,548	+1.1%
Net Income	$-54,707	$-26,336	+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

N/A

Volunteers

N/A

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

$102,950

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HERMAN HEWITT	PRESIDENT	N/A	Officer Director	$0	$0	$0
VERONIQUE DOUMBE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
MAHBUB HASSAN	TREASURER	N/A	Officer Director	$0	$0	$0
BETTINA KINDERMANN	SECRETARY	N/A	Officer Director	$0	$0	$0
KIL J YI	MEMBER	N/A	Director	$0	$0	$0
THOMAS CHEN	MEMBER	N/A	Director	$0	$0	$0
YING LIN CHEN	MEMBER	N/A	Director	$0	$0	$0
LILIAN NAZARIO	MEMBER	N/A	Director	$0	$0	$0
RONA CLEMENTE	EXECUTIVE DI	N/A	Officer	$0	$7,052	$102,950

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	$1,467	$56,174	$545,365	$-54,707
2022	$212	$26,548	$600,072	$-26,336
2021	$50	$38,437	$626,408	$-38,387
2020	$127	$45,174	$664,795	$-45,047

UNITED MUTUAL CORP