URBAN MINISTRIES OF WAKE COUNTY INC (EIN 581422700) - 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

1980

Legal Domicile

Principal Officer

CHERYL COZZI

Phone

9198361642

Tax Period

2024-07-01 to 2025-06-30

URBAN MINISTRIES OF WAKE COUNTY INC, founded in 1980, is a mid-sized nonprofit in the Human Services sector that reported $10.2M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $9.7M left a modest 5% surplus.

Mission

URBAN MINISTRIES OF WAKE COUNTY ENGAGES OUR COMMUNITY TO SERVE AND ADVOCATE ON BEHALF OF THOSE AFFECTED BY POVERTY BY PROVIDING FOOD AND NUTRITION, PROMOTING HEALTH AND WELLNESS,AND HELPING HOMELESS WOMEN SHELTER AND BECOME HOUSED. WE OPERATE WAKE COUNTY'S SECOND LARGEST FOOD PANTRY, LARGEST FREE AND CHARITABLE CLINIC WITH A FULLY LICENSED PHARMACY, AND LARGEST PROGRAM AND SHELTERS FOR ADULT SINGLE HOMELESS WOMEN.

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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 $9,707,467

Program Service Revenue $456,876

Investment Income $3,657

Other Revenue $63,914

TOTAL REVENUE $10,231,914

Expense Breakdown

Grants Paid $5,916,508

Salaries & Benefits $2,710,510

Fundraising Expenses $257,078

Program Expenses $8,742,482

Other Expenses $1,095,181

TOTAL EXPENSES $9,722,199

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,231,914	$9,194,872	+0.1%
Expenses	$9,722,199	$10,004,813	0.0%
Net Income	$509,715	$-809,941	-1.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

807

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

$219,004

Total Directors

$14,526

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH CAMPBELL	MEDICAL DIRE	40.00	Highest	$174,550	$9,187	$183,737
PETER MORRIS	EXC DIR THRU	40.00	Officer	$117,257	$446	$117,703
HILLARY THOMAS	PHARMACIST M	40.00	Highest	$106,683	$535	$107,218
CHERYL COZZI	DIR OF FINAN	40.00	Officer	$86,288	$487	$86,775
DONYELL JONES	EXEC DIR EFF	40.00	Officer Director	$14,423	$103	$14,526
LEIGH BLEECKER	TREASURER	1.00	Officer Director	$0	$0	$0
RADHIKA BOMBARD	BOARD MEMBER	1.00	Director	$0	$0	$0
FRED BURCHETT	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB CHENOWETH	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
LESTER ADE CLAY	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHLEEN CODY	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY DOREMUS	BOARD MEMBER	1.00	Director	$0	$0	$0
JUSTIN ELDRETH	BOARD MEMBER	1.00	Director	$0	$0	$0
WALTER GOMEZ	BOARD MEMBER	1.00	Director	$0	$0	$0
JERONICA GOODWIN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHEYANNE HEADEN	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT E FUTRELL JR	BOARD MEMBER	1.00	Director	$0	$0	$0
EVA KANG	BOARD MEMBER	1.00	Director	$0	$0	$0
HERSHEY MALETTE-STEPHENS	BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN MCGUINNESS	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL NAYLOR	BOARD MEMBER	1.00	Director	$0	$0	$0
REGINA PETTEWAY	SECRETARY	1.00	Officer Director	$0	$0	$0
BRENDA SCHAFER	CHAIR ELECT	1.00	Officer Director	$0	$0	$0
JUDY SCHNEIDER	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES SMITH	BOARD MEMBER	1.00	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	$10,231,914	$9,722,199	$5,704,321	$509,715
2024	$9,194,872	$10,004,813	$5,531,305	$-809,941
2023	$11,684,226	$12,207,098	$6,031,291	$-522,872
2022	$10,173,476	$10,929,083	$6,621,743	$-755,607
2021	$11,747,038	$11,335,066	$7,262,423	$411,972
2020	$12,095,363	$10,734,268	$7,539,426	$1,361,095
2019	$13,337,690	$13,504,315	$4,244,487	$-166,625
2018	$12,839,624	$12,727,047	$4,244,856	$112,577

URBAN MINISTRIES OF WAKE COUNTY INC