Johnnie B Moore Towers Inc (EIN 582592577) - 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

2000

Legal Domicile

Principal Officer

Janice Williams

Phone

8453567773

Tax Period

2024-01-01 to 2024-12-31

Johnnie B Moore Towers Inc, founded in 2000, is a small nonprofit in the Housing & Shelter sector that reported $786K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 31% operating deficit.

Mission

Providing housing to elderly persons by operating a HUD-assisted apartment community regulated under Section 202 of the National Housing Act of 1959.

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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 $564,001

Program Service Revenue $216,819

Investment Income $5,527

Other Revenue $0

TOTAL REVENUE $786,347

Expense Breakdown

Grants Paid $0

Salaries & Benefits $152,417

Fundraising Expenses $0

Program Expenses $970,736

Other Expenses $874,458

TOTAL EXPENSES $1,026,875

Year-over-Year Comparison

	2024	2023	Change
Revenue	$786,347	$653,100	+0.2%
Expenses	$1,026,875	$676,313	+0.5%
Net Income	$-240,528	$-23,213	+9.4%

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

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
Rev Jasper W Williams Jr	President	2.0	Officer Director	$0	$0	$0
Rev Joseph L Williams	Vice President	2.0	Officer Director	$0	$0	$0
Latasha Davis	Secretary	2.0	Officer Director	$0	$0	$0
Janice Williams	Treasurer	2.0	Officer Director	$0	$0	$0
Winford Williams	Director	2.0	Director	$0	$0	$0
Phil Boyd	Director	2.0	Director	$0	$0	$0
Henry Hall	Director	2.0	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	$786,347	$1,026,875	$2,343,916	$-240,528
2023	$653,100	$676,313	$2,311,670	$-23,213
2022	$548,912	$584,294	$2,299,553	$-35,382
2021	$472,335	$569,413	$2,339,625	$-97,078
2020	$497,680	$518,275	$2,426,931	$-20,595

Johnnie B Moore Towers Inc