WNC HOUSING INC (EIN 581561131) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1978

Legal Domicile

Principal Officer

LAWRENCE E THOMPSON III

Phone

3367653906

Tax Period

2023-07-01 to 2024-06-30

WNC HOUSING INC, founded in 1978, is a micro nonprofit that reported $67K in total revenue in fiscal year 2023. Revenue fell 83% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $23K, a strong 34% operating margin.

Mission

PROVIDE FACILITIES TO USE FOR MENTAL HEALTH, DEVELOPMENTAL DISABILITIES, AND SUBSTANCE ABUSE SERVICES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $40,990

Program Service Revenue $25,972

Investment Income $307

Other Revenue $0

TOTAL REVENUE $67,269

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $43,643

Other Expenses $44,124

TOTAL EXPENSES $44,124

Year-over-Year Comparison

	2023	2022	Change
Revenue	$67,269	$384,993	-0.8%
Expenses	$44,124	$441,443	-0.9%
Net Income	$23,145	$-56,450	-1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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	Role	Reportable Comp	Other Comp	Total
LAWRENCE E THOMPSON III	PRESIDENT	Officer Director	$0	$0	$0
RICH OLEJNICZAK	VICE PRESIDENT	Officer Director	$0	$0	$0
GRETA BYRD	SECRETARY	Officer Director	$0	$0	$0
BERNARD KOESTERS	TREASURER	Officer Director	$0	$0	$0
HARRY ESKRITT	MEMBER	Director	$0	$0	$0
JANET PRICE FERRELL	MEMBER	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	$67,269	$44,124	$4,135	$23,145
2023	$384,993	$441,443	$1,649,305	$-56,450
2022	$300,350	$345,283	$1,738,752	$-44,933
2021	$279,732	$346,441	$1,811,031	$-66,709

WNC HOUSING INC