EKKLESIA II INC (EIN 562008475) - 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

1997

Legal Domicile

Principal Officer

JOHN POLLOCK

Phone

3367650424

Tax Period

2022-07-01 to 2023-06-30

EKKLESIA II INC, founded in 1997, is a small nonprofit in the Human Services sector that reported $173K in total revenue in fiscal year 2022. Expenses of $202K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE NOT FOR PROFIT CORPORATION WAS ORGANIZED TO DEVELOP, OWN AND OPERATE A 20 UNIT APARTMENT COMMUNITY IN MOREHEAD CITY, NC KNOWN AS EKKLESIA II APARTMENTS. IT WAS ORGANIZED PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT AS AMENDED AND HAS ENTERED INTO THE STANDARD FHA REGULATORY AGREEMENTS, WHICH GOVERN THE OPERATION OF THE COMMUNITY, WITH THE FEDERAL HOUSING ADMINISTRATION SECTION OF HUD. A PROJECT RENTAL ASSISTANCE CONTRACT (PRAC) PROVIDES RENT ASSISTANCE FOR LOW INCOME FAMILIES (OR PERSONS).

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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 $98,737

Program Service Revenue $72,887

Investment Income $867

Other Revenue $157

TOTAL REVENUE $172,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $146,289

Other Expenses $201,946

TOTAL EXPENSES $201,946

Year-over-Year Comparison

	2022	2021	Change
Revenue	$172,648	$168,447	+0.0%
Expenses	$201,946	$217,525	-0.1%
Net Income	$-29,298	$-49,078	-0.4%

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

N/A

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
JOHN POLLOCK	PRESIDENT	0.50	Officer Director	$0	$0	$0
TIM BOWERS-YOUNG	VICE-PRESIDENT	0.50	Officer Director	$0	$0	$0
LYNN KROENER	TREASURER	0.50	Officer Director	$0	$0	$0
CYNTHIA THOMPSON	SECRETARY	0.50	Officer Director	$0	$0	$0
BECK SMITH	MEMBER	0.50	Director	$0	$0	$0
JIM BUCKINGHAM	MEMBER	0.50	Director	$0	$0	$0
BILL ROGERSON	MEMBER	0.50	Director	$0	$0	$0
DENNIS MUNDEN	MEMBER	0.50	Director	$0	$0	$0
LEIGH CROWN	MEMBER	0.50	Director	$0	$0	$0
JANICE ATKINSON	MEMBER	0.50	Director	$0	$0	$0
LISA RASMUSSEN	MEMBER	0.50	Director	$0	$0	$0
CONNIE GARRETT	MEMBER	0.50	Director	$0	$0	$0
NOEL COSTA	MEMBER	0.50	Director	$0	$0	$0
VIVIAN MARSHALL	MEMBER	0.50	Director	$0	$0	$0
CAROL EATON	MEMBER	0.50	Director	$0	$0	$0
MARY LEE MACKAY	MEMBER	0.50	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	No data	No data	No data	No data
2023	$172,648	$201,946	$355,078	$-29,298
2022	$168,447	$217,525	$378,277	$-49,078
2021	$172,834	$210,479	$426,881	$-37,645
2020	$162,400	$206,625	$468,857	$-44,225
2019	$178,876	$197,273	$666,034	$-18,397

EKKLESIA II INC