FREEMON THOMAS MANOR INC (EIN 571123494) - 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

2001

Legal Domicile

Principal Officer

FREEMON THOMAS

Phone

8035361056

Tax Period

2023-07-01 to 2024-06-30

FREEMON THOMAS MANOR INC, founded in 2001, is a micro nonprofit in the Mental Health sector that reported $74K in total revenue in fiscal year 2023.

Mission

FREEMON THOMAS MANOR, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE STATE OF SOUTH CAROLINA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A 10 UNIT PROJECT KNOWN AS FREEMON THOMAS MANOR LOCATED IN ST. MATTHEWS, SOUTH CAROLINA, WHICH PROVIDES HOUSING FOR LOW-INCOME PERSONS WITH DISABILITIES, PURSUANT TO SECTION 811 OF THE NATIONAL HOUSING ACT, AS AMENDED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $48,580

Program Service Revenue $24,210

Investment Income $453

Other Revenue $257

TOTAL REVENUE $73,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,095

Other Expenses $76,655

TOTAL EXPENSES $76,655

Year-over-Year Comparison

	2023	2022	Change
Revenue	$73,500	$68,953	+0.1%
Expenses	$76,655	$92,952	-0.2%
Net Income	$-3,155	$-23,999	-0.9%

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
PAMELA BRYANT	PRESIDENT	2.00	Officer Director	$0	$0	$0
FREEMON THOMAS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
VERONICA BONEPARTE	SECRETARY	2.00	Officer Director	$0	$0	$0
STEPHANIE SPIGNER	DIRECTOR	2.00	Director	$0	$0	$0
BERT WEEKS	DIRECTOR	2.00	Director	$0	$0	$0
WILLIE BROWN	DIRECTOR	2.00	Director	$0	$0	$0
RONNIE SPIGNER	DIRECTOR	2.00	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	No data	No data	No data	No data
2024	$73,500	$76,655	$358,418	$-3,155
2023	$68,953	$92,952	$363,857	$-23,999
2022	$83,198	$89,570	$387,158	$-6,372
2021	$80,142	$76,228	$395,362	$3,914
2020	$63,713	$91,365	$397,087	$-27,652
2019	$64,712	$77,378	$418,513	$-12,666

FREEMON THOMAS MANOR INC