MEMPHIS COMMUNITY HOUSING INC (EIN 621465418) - 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

1992

Legal Domicile

Principal Officer

LAURIE POWELL

Phone

9013691420

Tax Period

2023-01-01 to 2023-12-31

MEMPHIS COMMUNITY HOUSING INC, founded in 1992, is a small nonprofit that reported $532K in total revenue in fiscal year 2023. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $215K, a strong 40% operating margin.

Mission

TO PROVIDE HOUSING TO THE MEDICALLY FRAGILE WITH CHRONIC OR SEVERE MENTAL ILLNESS

🔒

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 $200,757

Program Service Revenue $331,666

Investment Income $4

Other Revenue $0

TOTAL REVENUE $532,427

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,542

Fundraising Expenses $0

Program Expenses $247,948

Other Expenses $254,453

TOTAL EXPENSES $316,995

Year-over-Year Comparison

	2023	2022	Change
Revenue	$532,427	$298,724	+0.8%
Expenses	$316,995	$400,668	-0.2%
Net Income	$215,432	$-101,944	-3.1%

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

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

$581,830

Total Directors

$118,491

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRENT MCVAY	PRESIDENT	1.00	Officer Director	$0	$0	$0
NINA STAPLES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MURPHYSTEEN COUNTS	SECRETARY	1.00	Officer Director	$0	$0	$0
LAURIE POWELL	CEO	1.00	Officer	$0	$31,455	$272,552
KYLE HATAWAY	CFO-JAN-AUG	1.00	Officer	$0	$25,800	$172,403
SHELBY THOMAS	CFO-SEP-DEC	1.00	Officer	$0	$21,927	$136,875
BEVERLY VANN	EX OFFICIO MEMBER	1.00	Director	$0	$18,589	$118,491

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	No data	No data	No data	No data
2023	$532,427	$316,995	$810,700	$215,432
2022	$298,724	$400,668	$572,317	$-101,944
2021	$198,437	$424,172	$544,744	$-225,735
2020	$144,254	$305,715	$551,839	$-161,461
2019	$146,381	$275,274	$557,925	$-128,893
2018	$140,140	$173,052	$581,028	$-32,912

MEMPHIS COMMUNITY HOUSING INC