Experiment In Self-Reliance Inc

EIN: 566060100 501(c)(3)

Winston Salem, NC

Total Revenue
$1,829,982
Total Expenses
$1,803,116
Total Assets
$2,987,040
Net Assets
$2,364,293
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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
NC
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.

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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%)

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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

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Governance

Voting Members
18
Independent Members
18
Employees
33
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
3
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
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
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