KOINONIA INC (EIN 561171000) - 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

1975

Legal Domicile

Principal Officer

DEBORAH ASHLEY-SMITH

Phone

8287582617

Tax Period

2024-01-01 to 2024-12-31

KOINONIA INC, founded in 1975, is a small nonprofit in the Housing & Shelter sector that reported $931K in total revenue in fiscal year 2024.

Mission

ELDERLY LOW 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 (2024)

Revenue Breakdown

Contributions & Grants $504,913

Program Service Revenue $418,116

Investment Income $5,432

Other Revenue $2,359

TOTAL REVENUE $930,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $223,644

Fundraising Expenses $0

Program Expenses $920,983

Other Expenses $716,921

TOTAL EXPENSES $940,565

Year-over-Year Comparison

	2024	2023	Change
Revenue	$930,820	$878,658	+0.1%
Expenses	$940,565	$964,408	0.0%
Net Income	$-9,745	$-85,750	-0.9%

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

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
DEBORAH ASHLEY-SMITH	CHAIR	0.25	Officer Director	$0	$0	$0
TERESA LARSON	DIRECTOR	0.25	Director	$0	$0	$0
LENORA CHASE	DIRECTOR	0.25	Director	$0	$0	$0
LEAH EPPS	DIRECTOR	0.25	Director	$0	$0	$0
ELIZABETH JENKINS	DIRECTOR	0.25	Director	$0	$0	$0
CAROL RAINES	DIRECTOR	0.25	Director	$0	$0	$0
WANDA PRINCE	DIRECTOR	0.25	Director	$0	$0	$0
SUSAN BARNETT	DIRECTOR	0.25	Director	$0	$0	$0
DEE STRICKLAND	DIRECTOR	0.25	Director	$0	$0	$0
HERB STEVENS	DIRECTOR	0.25	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
2024	$930,820	$940,565	$2,221,157	$-9,745
2023	$878,658	$964,408	$2,311,191	$-85,750
2022	$854,216	$805,746	$2,440,554	$48,470
2021	$838,137	$830,293	$2,455,769	$7,844
2020	$929,747	$886,081	$2,496,911	$43,666
2019	$910,317	$893,370	$2,491,778	$16,947
2018	$811,952	$872,541	$2,557,920	$-60,589

KOINONIA INC