GRANVILLE CO FULLER CENTER FOR HOU… - Form 990 Financial Data

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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

1990

Legal Domicile

Principal Officer

CHERYL HART

Phone

9196196270

Tax Period

2023-01-01 to 2023-12-31

GRANVILLE CO FULLER CENTER FOR HOUSING, founded in 1990, is a micro nonprofit that reported $72K in total revenue in fiscal year 2023. Revenue fell 209% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE HOUSING TO LOW INCOME FAMILIES

Program Service Accomplishments

Program 1

Expenses: $18,620

HOUSING PROVIDED TO LOW AND MODERATE INCOME FAMILIES BY THE LEASE, PURCHASE OR CONSTRUCTION OF SUCH 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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-71,823

Other Revenue $0

TOTAL REVENUE $-71,823

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,620

Other Expenses $20,249

TOTAL EXPENSES $20,249

Year-over-Year Comparison

	2023	2022	Change
Revenue	$-71,823	$66,196	-2.1%
Expenses	$20,249	$47,832	-0.6%
Net Income	$-92,072	$18,364	-6.0%

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
CHERYL HART	PRESIDENT	4.00	Officer	$0	$0	$0
LARRY THOMAS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
KAREN MCGHEE	TREASURER	1.00	Officer	$0	$0	$0
MICHAEL KINLOW	BOARD MEMBER	1.00	Officer	$0	$0	$0
JAMES HUTSON	BOARD MEMBER	1.00	Officer	$0	$0	$0
JOHN ROBERT FRAZIER	BOARD MEMBER	1.00	Officer	$0	$0	$0
TERESA GILREATH	SECRETARY	1.00	Officer	$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
2023	$-71,823	$20,249	$532,737	$-92,072
2022	$66,196	$47,832	$625,816	$18,364
2021	$66,575	$70,066	$613,092	$-3,491
2020	$62,081	$63,037	$617,902	$-956
2019	$85,627	$128,601	$621,780	$-42,974
2018	$115,299	$72,081	$666,304	$43,218

GRANVILLE CO FULLER CENTER FOR HOUSING