DAVIDSON, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MOSAIC DEVELOPMENT GROUP, founded in 1966, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $928K, a strong 27% operating margin.
TO ENHANCE COMMUNITIES AND IMPROVE LIVES THROUGH DIVERSE HOUSING AND ECONOMIC DEVELOPMENT SOLUTIONS. MOSAIC BELIEVES THAT HIGH QUALITY HOUSING FOR A VARIETY OF INCOMES IS A CATALYST FOR VIBRANT, HEALTHY COMMUNITIES. THEIR VISION IS THAT EVERYONE HAS ACCESS TO HIGH QUALITY HOUSING, IN THRIVING COMMUNITIES THAT OFFER A VARIETY OF JOBS AND SERVICES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,390,095 | $2,611,828 | +0.3% |
| Expenses | $2,461,636 | $2,685,476 | -0.1% |
| Net Income | $928,459 | $-73,648 | -13.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CARI JONES | BOARD CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIM GRAHAM | BOARD VICE CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TAMMIE RHODES | BOARD TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY RECA TODD | BOARD SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VERONICA CLEMMONS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID GITLIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KORY JETER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHERYL FORTUNE | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHAUN GOLDEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LATONYA SHOAF | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF STAUDINGER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM BOLSTAD | EXECUTIVE DIRECTOR | 50.00 |
Officer
|
$196,707 | $17,705 | $214,412 |
| JILL V WEAVER | ACCOUNTING MANAGER | 40.00 |
Highest
|
$141,557 | $22,692 | $164,249 |
| JIMMY ROYSTER | SENIOR PROJECT MANAGER | 40.00 |
Highest
|
$148,436 | $14,336 | $162,772 |
| LISA LEMOS | ASSET MANAGER | 40.00 |
Highest
|
$118,855 | $21,034 | $139,889 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $3,390,095 | $2,461,636 | $13,825,405 | $928,459 |
| 2023 | $2,611,828 | $2,685,476 | $17,585,293 | $-73,648 |
| 2022 | $3,157,936 | $2,643,732 | $17,811,638 | $514,204 |
| 2021 | $3,061,867 | $2,475,926 | $17,779,352 | $585,941 |
| 2020 | $2,182,288 | $1,482,836 | $10,983,237 | $699,452 |
| 2019 | $3,097,370 | $1,992,512 | $13,079,598 | $1,104,858 |
| 2018 | $1,358,961 | $835,253 | $4,513,207 | $523,708 |
Compare MOSAIC DEVELOPMENT GROUP with other nonprofits in North Carolina and across the country.