CUMBERLAND COURTS (EIN 560810755) - 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

1962

Legal Domicile

Principal Officer

MELVIN ALSTON

Phone

3363781032

Tax Period

2024-07-01 to 2025-06-30

CUMBERLAND COURTS, founded in 1962, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024. Expenses of $1.4M left a modest 5% surplus.

Mission

SUPPLY AFFORDABLE HOUSING TO THE GENERAL PUBLIC

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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 $0

Program Service Revenue $1,448,867

Investment Income $834

Other Revenue $0

TOTAL REVENUE $1,449,701

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $377,820

Fundraising Expenses $0

Program Expenses $1,163,656

Other Expenses $998,974

TOTAL EXPENSES $1,379,294

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,449,701	$1,371,976	+0.1%
Expenses	$1,379,294	$1,858,464	-0.3%
Net Income	$70,407	$-486,488	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN SMITH	PRESIDENT	1.00	Officer Director	$0	$0	$0
BARBARA WHITE-TATE	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
HOBSON BRYANT	TREASURER	1.00	Officer Director	$0	$0	$0
JEROME LEE	DIRECTOR	1.00	Director	$0	$0	$0
MELVIN SKIP ALSTON	EXECUTIVE DIRECTOR	10.00	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
2025	$1,449,701	$1,379,294	$2,420,920	$70,407
2024	$1,371,976	$1,858,464	$2,418,209	$-486,488
2023	$1,327,473	$1,622,221	$3,011,490	$-294,748
2022	$1,209,951	$1,128,672	$2,749,259	$81,279
2021	$1,153,308	$1,205,818	$2,677,255	$-52,510
2020	$1,166,496	$1,363,211	$2,781,093	$-196,715
2019	$1,122,138	$1,061,398	$2,564,765	$60,740

CUMBERLAND COURTS