Wilmington Area Rebuilding Ministry Inc (EIN 562076795) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

Scott Donaldson

Phone

9103997563

Tax Period

2024-01-01 to 2024-12-31

Wilmington Area Rebuilding Ministry Inc, founded in 1998, is a community nonprofit in the Housing & Shelter sector that reported $7.0M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 30% operating margin.

Mission

WARM NC provides free home repairs to low-income homeowners in seven counties. By rebuilding homes in disrepair or damaged by severe weather, WARM supports our homeowners' goals to remain self-sufficient and live with dignity and independence.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,903,261

Program Service Revenue $287,380

Investment Income $666,590

Other Revenue $112,438

TOTAL REVENUE $6,969,669

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,236,236

Fundraising Expenses $229,726

Program Expenses $4,378,570

Other Expenses $2,616,325

TOTAL EXPENSES $4,852,561

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,969,669	$4,430,188	+0.6%
Expenses	$4,852,561	$4,258,076	+0.1%
Net Income	$2,117,108	$172,112	+11.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

967

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

$93,494

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Charles Chambers	President	1.00	Officer Director	$0	$0	$0
Mandy Mattox	Past President	1.00	Officer Director	$0	$0	$0
Scott Donaldson	Treasurer	1.00	Officer Director	$0	$0	$0
April Jones	Secretary	1.00	Officer Director	$0	$0	$0
Alisha Richardson	Director	1.00	Director	$0	$0	$0
Will Hayes	Director	1.00	Director	$0	$0	$0
George DeLisle	Director	1.00	Director	$0	$0	$0
Brenda Dixon	Director	1.00	Director	$0	$0	$0
Murray Jones	Director	1.00	Director	$0	$0	$0
Michael Zalob	Director	1.00	Director	$0	$0	$0
Maria Rosales Cardenas	Director	1.00	Director	$0	$0	$0
Allie Weaver	Director	1.00	Director	$0	$0	$0
Frank Williams	Director	1.00	Director	$0	$0	$0
Elizabeth Parker	Director	1.00	Director	$0	$0	$0
Andy Jones	Chief Executive Officer	40.00	Officer	$93,494	$0	$93,494

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	$6,969,669	$4,852,561	$5,021,029	$2,117,108
2023	$4,430,188	$4,258,076	$4,723,478	$172,112
2022	$3,839,184	$3,370,952	$2,387,306	$468,232
2021	$3,059,976	$2,992,513	$1,922,859	$67,463
2020	$2,053,171	$1,912,790	$1,863,807	$140,381
2019	$2,040,910	$1,935,379	$1,729,748	$105,531
2018	$1,779,275	$1,126,894	$1,281,148	$652,381

Wilmington Area Rebuilding Ministry Inc