LORAY GIRLS HOME INC (EIN 561526723) - 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

1986

Legal Domicile

Principal Officer

ANGIE FLAKE

Phone

7048674479

Tax Period

2023-07-01 to 2024-06-30

LORAY GIRLS HOME INC, founded in 1986, is a small nonprofit in the Human Services sector that reported $295K in total revenue in fiscal year 2023.

Mission

TO PROVIDE LONG-TERM RESIDENTIAL CARE FOR GIRLS IN GASTON COUNTY WHO, ACCORDING TO THE JUVENILE COURT, SHOULD NO LONGER BE AT HOME.

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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 $51,106

Program Service Revenue $244,272

Investment Income $3

Other Revenue $0

TOTAL REVENUE $295,381

Expense Breakdown

Grants Paid $0

Salaries & Benefits $185,583

Fundraising Expenses $5,965

Program Expenses $215,624

Other Expenses $104,275

TOTAL EXPENSES $289,858

Year-over-Year Comparison

	2023	2022	Change
Revenue	$295,381	$274,577	+0.1%
Expenses	$289,858	$285,106	+0.0%
Net Income	$5,523	$-10,529	-1.5%

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

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
JENNIFER FINK	DIRECTOR	1.00	Director	$0	$0	$0
MARYANN GRINDSTAFF	TREASURER	2.00	Officer Director	$0	$0	$0
CINDY JONES	DIRECTOR	1.00	Director	$0	$0	$0
PATTI JONES	DIRECTOR	1.00	Director	$0	$0	$0
BRANDY MCMILLIAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE MELHORN	DIRECTOR	1.00	Director	$0	$0	$0
CLIFFORD RAMSEY	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN ROBINSON	VICE CHAIRMA	2.00	Officer Director	$0	$0	$0
CYNTHIA STARR	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
KEM WATTS	CHAIRMAN	2.00	Officer Director	$0	$0	$0
MARSHA WITHROW	SECRETARY	2.00	Officer 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	No data	No data	No data	No data
2024	$295,381	$289,858	$97,498	$5,523
2023	$274,577	$285,106	$77,480	$-10,529
2022	$250,165	$266,576	$86,831	$-16,411
2021	$291,786	$245,916	$106,665	$45,870
2020	$244,155	$258,595	$96,277	$-14,440
2019	$217,794	$235,443	$74,983	$-17,649
2018	$215,071	$249,456	$92,436	$-34,385

LORAY GIRLS HOME INC