Reidsville Soup Kitchen Inc (EIN 561668977) - 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

1988

Legal Domicile

Principal Officer

Stephanie Trent

Phone

3363495071

Tax Period

2024-01-01 to 2024-12-31

Reidsville Soup Kitchen Inc, founded in 1988, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $240K in total revenue in fiscal year 2024. Revenue surged 853% from the prior year, signaling strong growth momentum. The organization ran a surplus of $172K, a strong 72% operating margin.

Mission

Operate a soup kitchen to provide meals to the needy members of the community

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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 $216,040

Program Service Revenue $0

Investment Income $24,395

Other Revenue $0

TOTAL REVENUE $240,435

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,673

Fundraising Expenses $0

Program Expenses $36,315

Other Expenses $37,583

TOTAL EXPENSES $68,256

Year-over-Year Comparison

	2024	2023	Change
Revenue	$240,435	$25,230	+8.5%
Expenses	$68,256	$15,706	+3.3%
Net Income	$172,179	$9,524	+17.1%

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

105

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

$5,710

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dorthy Reilly	Board chair	10.00	Officer	$0	$0	$0
Etta Marcellus	Director	1.00	Director	$0	$0	$0
Sherri Walker	Director	1.00	Director	$0	$0	$0
Shara Carter	Director	1.00	Director	$0	$0	$0
Jennifer Garrison	Director	1.00	Director	$0	$0	$0
Richard Westmoreland	Treasurer	10.00	Officer	$0	$5,710	$5,710
Dr Rivers Upchurch	Director	1.00	Director	$0	$0	$0
William Coleman	Director	1.00	Director	$0	$0	$0
Emma Crabtree	Member	1.00	Director	$0	$0	$0
Dr Robert Woodward	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	$240,435	$68,256	$630,552	$172,179
2020	$424,484	$30,834	$491,971	$393,650

Reidsville Soup Kitchen Inc