Experiment In Self-Reliance Inc

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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

1964

Legal Domicile

Principal Officer

Marcus Houston

Phone

3367229400

Tax Period

2024-07-01 to 2025-06-30

Experiment In Self-Reliance Inc, founded in 1964, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

Operate programs designed to combat and alleviate poverty in Forysth County, North Carolina, primarily through supplying transitional housing, financial training and assistance.

Program Service Accomplishments

Program 1

COMMUNITY SERVICES PROGRAM CONSISTS OF THREE PROGRAMS AIMED AT INCREASING FINANCIAL LITERACY TO ASSIST LOW INCOME RESIDENTS OF FORSYTH COUNTY. THE SELFSUFFICIENCY PROGRAM TO PROVIDE FINANCIAL SUPPORT FOR THE OBTAINMENT OF EDUCATIONAL TRAINING AND BETTER EMPLOYMENT. EDUCATIONAL TRAINING IS AIMED TO INCREASE FINANCIAL LITERACY LIKE SAVING HABITS SO THAT FAMILIES CAN BECOME SELFSUFFICIENT AND STABILIZE THEIR LIVES. PARTICIPANTS ARE REQUIRED TO BE RESIDENTS OF FORSYTH COUNTY, BE MOTIVATED, AND TO FALL WITHIN THE DHHS POVERTY GUIDELINES. THE FORSYTH FREE TAX PROGRAM FREE INCOME TAX RETURN PREPARATION AND FILING IS OFFERED TO RESIDENTS WITH LOW TO MODERATE INCOME. THIS PROGRAM ALSO OFFERS COMMUNITY VOLUNTEER OPPORTUNITIES THROUGH THE VOLUNTEER INCOME TAX ASSISTANCE VITA PROGRAM AND GOES HAND IN HAND WITH THE NEW CENTURY IDA PROGRAM. THE NEW CENTURY IDA PROGRAM TO COMBAT GENERATIONAL POVERTY THROUGH THE FOLLOWING FINANCIAL LITERACY AREAS BUDGET COUNSELING, VOCATIONAL COUNSELING, IDA SAVINGS ACCOUNT, AND BUILDING ASSETS. BUILDING ASSETS, SUCH AS FIRSTTIME HOME OWNERSHIP, IS ACCOMPLIS

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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 $1,220,976

Program Service Revenue $609,006

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,829,982

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,102,182

Fundraising Expenses $30,886

Other Expenses $694,752

TOTAL EXPENSES $1,803,116

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,829,982	$2,574,189	-0.3%
Expenses	$1,803,116	$1,705,162	+0.1%
Net Income	$26,866	$869,027	-1.0%

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

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
Florence Adams	Board Member	005.00	Director	$0	$0	$0
Chad Archer	Board Member	005.00	Director	$0	$0	$0
Irma Berry-Scott	Board Member	005.00	Director	$0	$0	$0
Ola A Brown	Board Member	005.00	Director	$0	$0	$0
Josh Hammaker	Board Member	005.00	Director	$0	$0	$0
Darryl Head	Board Member	005.00	Director	$0	$0	$0
Dierdre Hill	Board Member	005.00	Director	$0	$0	$0
Marcus Houston	Secretary	005.00	Officer Director	$0	$0	$0
Benny Hughes	Board Member	005.00	Director	$0	$0	$0
Chenita Johnson	Board Member	005.00	Director	$0	$0	$0
Johnna Leavy	Board Member	005.00	Director	$0	$0	$0
Virginia Martin	Board Member	005.00	Director	$0	$0	$0
Carol Mitchell	Vice Chair	005.00	Officer Director	$0	$0	$0
William Penn	Board Member	005.00	Director	$0	$0	$0
Brenda Redd	Board Member	005.00	Director	$0	$0	$0
Aimee Smith	Chair	005.00	Officer Director	$0	$0	$0
Leslie Oldham Winbush	Board Member	005.00	Director	$0	$0	$0
Phygenia Flowers-Young	Board Member	005.00	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
2025	$1,829,982	$1,803,116	$2,987,040	$26,866
2024	$2,574,189	$1,705,162	$3,158,691	$869,027
2023	$2,022,395	$2,208,342	$2,514,767	$-185,947
2022	$2,809,809	$3,052,954	$2,669,913	$-243,145
2021	$2,447,896	$2,383,654	$2,919,889	$64,242
2020	$1,929,517	$2,052,043	$3,117,691	$-122,526
2019	$1,877,225	$1,993,937	$2,839,915	$-116,712
2018	$2,166,166	$2,294,197	$2,968,373	$-128,031