GRAYSON HOUSING INC (EIN 610656880) - 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

1962

Legal Domicile

Principal Officer

LAURA GOFF

Phone

2705890050

Tax Period

2023-12-01 to 2024-11-30

GRAYSON HOUSING INC, founded in 1962, is a small nonprofit that reported $127K in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $637K exceeded revenue, resulting in a 402% operating deficit.

Mission

FORMERLY OPERATED A 102 BED NURSING HOME FACILITY FOR THE BENEFIT OF THE RESIDENTS.

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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 $0

Program Service Revenue $5,694

Investment Income $102,974

Other Revenue $18,299

TOTAL REVENUE $126,967

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $216,143

Other Expenses $636,933

TOTAL EXPENSES $636,933

Year-over-Year Comparison

	2023	2022	Change
Revenue	$126,967	$8,380,447	-1.0%
Expenses	$636,933	$6,848,967	-0.9%
Net Income	$-509,966	$1,531,480	-1.3%

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

161

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

$57,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KELLY STONE	ADMINISTRATO	40.00		$105,649	$0	$105,649
LAURA GOFF	DIRECTOR	1.00	Director	$46,800	$0	$46,800
BARRY ANDERSON	DIRECTOR	1.00	Director	$1,800	$0	$1,800
DEBBIE BRACKETT	DIRECTOR	1.00	Director	$1,800	$0	$1,800
NANCY JO ESCUE	DIRECTOR	1.00	Director	$1,800	$0	$1,800
ROBERT HATFIELD	DIRECTOR	1.00	Director	$1,800	$0	$1,800
NINA MEREDITH	DIRECTOR	1.00	Director	$1,800	$0	$1,800
RICKY PAUL	DIRECTOR	1.00	Director	$1,800	$0	$1,800
ZACHARY CRADDOCK-VOCKE	ATTORNEY	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	No data	No data	No data	No data
2024	$126,967	$636,933	$3,857,989	$-509,966
2023	$8,380,447	$6,848,967	$4,438,064	$1,531,480
2022	$7,288,701	$7,497,940	$8,466,593	$-209,239
2021	$7,484,533	$6,725,407	$9,356,828	$759,126
2020	$7,425,834	$6,636,728	$8,766,339	$789,106
2019	$6,212,714	$6,280,843	$8,627,403	$-68,129
2018	$6,101,999	$6,153,851	$8,755,151	$-51,852

GRAYSON HOUSING INC