WILLIAM BOOTH RESIDENCE INC A NC CORP ( (EIN 621855171) - 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

2001

Legal Domicile

Principal Officer

ROLAND COX

Phone

4047281300

Tax Period

2023-10-01 to 2024-09-30

WILLIAM BOOTH RESIDENCE INC A NC CORP (, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $425K in total revenue in fiscal year 2023. Expenses of $645K exceeded revenue, resulting in a 52% operating deficit.

Mission

PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY, HANDICAPPED AND DISABLED.

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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 $160,727

Program Service Revenue $260,806

Investment Income $1,966

Other Revenue $1,012

TOTAL REVENUE $424,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $551,572

Other Expenses $644,722

TOTAL EXPENSES $644,722

Year-over-Year Comparison

	2023	2022	Change
Revenue	$424,511	$412,296	+0.0%
Expenses	$644,722	$611,440	+0.1%
Net Income	$-220,211	$-199,144	+0.1%

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

N/A

Employees

N/A

Volunteers

199

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

$652,010

Total Directors

$1,249,168

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEBORAH SEDLAR	DIRECTOR / VICE PRESIDENT	1.00	Officer Director	$0	$59,465	$289,295
GENE HOGG	DIRECTOR	1.00	Director	$0	$39,153	$78,958
JAMES SEILER	DIRECTOR / TREASURER	1.00	Officer Director	$0	$27,499	$155,385
JANICE RIEFER	DIRECTOR	1.00	Director	$0	$57,726	$111,416
KELLY IGLEHEART	DIRECTOR / PRESIDENT	1.00	Officer Director	$0	$38,945	$102,325
LEON FERRAEZ	DIRECTOR	1.00	Director	$0	$32,584	$64,552
MARK ISRAEL	DIRECTOR	1.00	Director	$0	$37,684	$182,110
PHILIP SWYERS	DIRECTOR / ASSISTANT TREAS	1.00	Officer Director	$0	$35,757	$105,005
RONNIE RAYMER	DIRECTOR	1.00	Director	$0	$30,219	$160,122
LEE AUVENSHIRE	SECRETARY	1.00	Officer	$0	$0	$0
CHARLES POWELL	FORMER DIRECTOR / FORMER SECRETARY	1.00		$0	$0	$23,366
JAMES ARROWOOD	FORMER DIRECTOR	1.00		$0	$0	$12,957
RALPH BUKIEWICZ	FORMER DIRECTOR / FORMER VP	1.00		$0	$33,673	$97,857
STEPHEN ELLIS	FORMER DIRECTOR / FORMER ASSISTANT TREASURER	1.00		$0	$39,608	$93,072
STEPHEN MORRIS	FORMER DIRECTOR	1.00		$0	$24,233	$63,527
TODD HAWKS	FORMER DIRECTOR	1.00		$0	$36,793	$346,351
WILLIAM MOCKABEE	FORMER DIRECTOR	1.00		$0	$0	$89,424
WILLIS HOWELL	FORMER DIRECTOR / FORMER PRESIDENT	1.00		$0	$17,413	$99,085

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	$424,511	$644,722	$2,054,717	$-220,211
2023	$412,296	$611,440	$2,257,757	$-199,144
2022	$399,831	$578,547	$2,461,244	$-178,716
2021	$383,399	$588,852	$2,649,622	$-205,453
2020	$373,391	$582,316	$2,839,774	$-208,925
2019	$361,943	$573,921	$3,044,486	$-211,978
2018	$354,854	$548,619	$3,248,784	$-193,765

WILLIAM BOOTH RESIDENCE INC A NC CORP (