WINSTON-SALEM RESCUE MISSION INC (EIN 560891921) - 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

1967

Legal Domicile

Principal Officer

LOU CARRICO

Phone

3367231848

Tax Period

2023-07-01 to 2024-06-30

WINSTON-SALEM RESCUE MISSION INC, founded in 1967, is a community nonprofit in the Housing & Shelter sector that reported $4.4M in total revenue in fiscal year 2023.

Mission

PROVIDE FOOD, CLOTHING, SHELTER AND SPIRITUAL ASSISTANCE TO MEN IN NEED. HELP REHABILITATE INDIVIDUALS SO THAT THEY MAY AGAIN BECOME PRODUCTIVE MEMBERS OF SOCIETY.

🔒

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 $4,267,913

Program Service Revenue $90,252

Investment Income $46,864

Other Revenue $7,766

TOTAL REVENUE $4,412,795

Expense Breakdown

Grants Paid $831,291

Salaries & Benefits $1,976,802

Fundraising Expenses $732,820

Program Expenses $3,181,839

Other Expenses $1,118,016

TOTAL EXPENSES $4,465,740

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,412,795	$4,173,384	+0.1%
Expenses	$4,465,740	$4,153,337	+0.1%
Net Income	$-52,945	$20,047	-3.6%

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

Volunteers

2155

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

$67,174

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS PAYNE	CHAIRMAN	1.00	Director	$0	$0	$0
JOSH EVANS	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB DECKER	BOARD MEMBER	1.00	Director	$0	$0	$0
LUKE MONEY	BOARD MEMBER	1.00	Director	$0	$0	$0
CLETIS TITUS	BOARD MEMBER	1.00	Director	$0	$0	$0
DOUG WILLIAMS	BOARD MEMBER	1.00	Director	$0	$0	$0
LOU CARRICO	EXECUTIVE DIRECTOR	40.00	Officer	$67,174	$0	$67,174

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	No data	No data	No data	No data
2024	$4,412,795	$4,465,740	$6,537,226	$-52,945
2023	$4,173,384	$4,153,337	$6,644,972	$20,047
2022	$4,280,239	$3,350,098	$6,423,330	$930,141
2021	$3,445,483	$2,824,465	$5,895,471	$621,018
2020	$3,156,362	$3,016,764	$5,672,061	$139,598
2019	$3,438,295	$3,543,094	$5,032,478	$-104,799

WINSTON-SALEM RESCUE MISSION INC