Housing Foundation of Southeastern North Carolina (EIN 581820377) - 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

2010

Legal Domicile

Principal Officer

John Smist

Phone

9102080126

Tax Period

2025-01-01 to 2025-12-31

Housing Foundation of Southeastern North Carolina, founded in 2010, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2025. Revenue surged 61% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 96% operating margin.

Mission

Providing resources to create housing opportunities for a better quality of life in our community.

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $1,291,710

Program Service Revenue $0

Investment Income $44,372

Other Revenue $0

TOTAL REVENUE $1,336,082

Expense Breakdown

Grants Paid $3,258

Salaries & Benefits $31,660

Fundraising Expenses $5,052

Program Expenses $40,715

Other Expenses $19,091

TOTAL EXPENSES $54,009

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,336,082	$827,976	+0.6%
Expenses	$54,009	$80,586	-0.3%
Net Income	$1,282,073	$747,390	+0.7%

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

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
Joann Wanio	President	001.00	Officer Director	$0	$0	$0
David Flory	Vice President / Finance Chair	001.00	Officer Director	$0	$0	$0
Clayton Hamerski	Director	001.00	Director	$0	$0	$0
Nancy Guyton	Director	001.00	Director	$0	$0	$0
Kelly Campbell	Director	001.00	Director	$0	$0	$0
Georgetta Hamilton	Director	001.00	Director	$0	$0	$0
Tom Gale	Director	001.00	Director	$0	$0	$0
Sherri Pickard	Director	001.00	Director	$0	$0	$0
Marjorie Ulcickas	Director	001.00	Director	$0	$0	$0
Cameron Moore	Director	001.00	Director	$0	$0	$0
Veronic Godwin	Director	001.00	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	$1,336,082	$54,009	$2,220,682	$1,282,073
2024	$827,976	$80,586	$1,030,549	$747,390
2023	$82,781	$56,770	$820,326	$26,011
2022	$3,729	$22,654	$799,815	$-18,925

Housing Foundation of Southeastern North Carolina