THE BENJAMIN HOUSE INC

EIN: 566536254 501(c)(3) Housing & Shelter

ELIZABETH CITY, NC

Total Revenue
$2,551,777
Total Expenses
$2,505,187
Total Assets
$2,062,439
Net Assets
$1,047,205
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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
1999
Legal Domicile
NC
Phone
2523377171
Tax Period
2024-01-01 to 2024-12-31

THE BENJAMIN HOUSE INC, founded in 1999, is a community nonprofit in the Housing & Shelter sector that reported $2.6M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

PROVIDE AN ASSISTED-LIVING FACILITY FOR THE MENTALLY CHALLENGED, OFFERING RESIDENTS VIABLE LIFESTYLE OPTIONS WHILE STRENGTHENING THEIR TIES WITH FAMILY, CHURCH, AND COMMUNITY.

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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 $46,045
Program Service Revenue $2,462,121
Investment Income $32,554
Other Revenue $11,057
TOTAL REVENUE $2,551,777

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,203,522
Fundraising Expenses $0
Program Expenses $2,205,389
Other Expenses $301,665
TOTAL EXPENSES $2,505,187

Year-over-Year Comparison

2024 2023 Change
Revenue $2,551,777 $2,099,272 +0.2%
Expenses $2,505,187 $1,986,067 +0.3%
Net Income $46,590 $113,205 -0.6%
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
11
Independent Members
10
Employees
73
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
4
$177,480
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANN HUGHES DIRECTOR AND OPERATIONS MANAGER 40.00
Officer
$111,690 $0 $111,690
LENNIE HUGHES JR N/A 0.00
Officer
$65,790 $0 $65,790
BRAXTON GODWIN DIRECTOR 0.50
Director
$0 $0 $0
SYLVIA KIRK DIRECTOR 0.50
Director
$0 $0 $0
BEVERLY GODWIN DIRECTOR 0.50
Director
$0 $0 $0
JANICE SIMMONS DIRECTOR 0.50
Director
$0 $0 $0
STEPHANIE BERKOBEN DIRECTOR 0.50
Director
$0 $0 $0
KRISTEN DOUGLAS DIRECTOR 0.50
Director
$0 $0 $0
LISA GODWIN DIRECTOR 0.50
Director
$0 $0 $0
MATTHEW MORRISON DIRECTOR 0.50
Director
$0 $0 $0
CHRISTINE MURRAY DIRECTOR 0.50
Director
$0 $0 $0
SHELBY HUGHES SECRETARY 0.50
Officer Director
$0 $0 $0
MARK CAMPBELL CHAIRPERSON 0.50
Officer 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
2024 $2,551,777 $2,505,187 $2,062,439 $46,590
2023 $2,099,272 $1,986,067 $1,971,537 $113,205
2022 $1,655,252 $1,868,938 $1,888,019 $-213,686
2021 $1,706,748 $1,798,134 $2,168,288 $-91,386
2020 $2,188,996 $1,832,311 $2,251,757 $356,685
2019 $1,740,028 $1,823,142 $1,922,893 $-83,114
2018 $1,700,802 $1,676,739 $2,028,832 $24,063
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