Habitat for Humanity of Gaston County Inc (EIN 561634454) - 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

1989

Principal Officer

Lisa Quisenberry

Phone

7048646536

Tax Period

2022-07-01 to 2023-06-30

Habitat for Humanity of Gaston County Inc, founded in 1989, is a small nonprofit that reported $928K in total revenue in fiscal year 2022. Revenue fell 64% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $171K, a strong 18% operating margin.

Mission

To build decent affordable housing in partnership with families in need and our communities. To make adequate housing a matter of conscience and action for everyone.

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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 (2022)

Revenue Breakdown

Contributions & Grants $697,431

Program Service Revenue $89,996

Investment Income $11,842

Other Revenue $129,040

TOTAL REVENUE $928,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $399,552

Fundraising Expenses $242,452

Program Expenses $324,859

Other Expenses $357,970

TOTAL EXPENSES $757,522

Year-over-Year Comparison

	2022	2021	Change
Revenue	$928,309	$2,545,769	-0.6%
Expenses	$757,522	$1,581,959	-0.5%
Net Income	$170,787	$963,810	-0.8%

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

$109,108

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kay Peninger	Executive Dir.	55.00	Officer	$102,419	$6,689	$109,108
Scott Scarborough	Secretary	1.00	Officer Director	$0	$0	$0
Patrick Mumford	President	3.00	Officer Director	$0	$0	$0
Stephen Whitesell	Past President	1.00	Officer Director	$0	$0	$0
Chris Putnam	Vice President	1.00	Officer Director	$0	$0	$0
Charles Gallman	Treasurer	1.00	Officer Director	$0	$0	$0
Ray Hardee	Director	1.00	Director	$0	$0	$0
Rev Claude Williams	Director	1.00	Director	$0	$0	$0
Bill Dodgen	Director	1.00	Director	$0	$0	$0
John Forgan	Director	1.00	Director	$0	$0	$0
Larry Stiles	Director	1.00	Director	$0	$0	$0
Rodney Freeman	Director	1.00	Director	$0	$0	$0
Charles Odom	Director	1.00	Director	$0	$0	$0
Nancy Brogdon	Director	1.00	Director	$0	$0	$0
Sally Dickson	Director	1.00	Director	$0	$0	$0
Cathy Young	Director	1.00	Director	$0	$0	$0
Andy Ratchford	Director	1.00	Director	$0	$0	$0
Les Davis	Director	1.00	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
2024	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$928,309	$757,522	$9,182,989	$170,787
2022	$2,545,769	$1,581,959	$6,771,155	$963,810
2021	$1,717,253	$1,164,315	$5,857,310	$552,938
2020	$456,432	$531,410	$5,337,444	$-74,978
2019	$1,322,418	$1,228,645	$5,367,891	$93,773
2018	$1,189,164	$1,211,727	$5,343,037	$-22,563

Habitat for Humanity of Gaston County Inc