NEW PILGRIM HOMES INC

EIN: 630767346 501(c)(3)

BIRMINGHAM, AL

Total Revenue
$1,630,663
Total Expenses
$1,664,334
Total Assets
$3,637,848
Net Assets
$-1,953,992
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
AL
Principal Officer
LYNN BATTLE
Phone
2059331020
Tax Period
2024-10-01 to 2025-09-30

NEW PILGRIM HOMES INC, founded in 1980, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2019.

Mission

THE ORGANIZATION WAS FORMED TO PROVIDE AFFORDABLE HOUSING TO LOW INCOME ELDERLY INDIVIDUALS.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,630,297
Investment Income $366
Other Revenue $0
TOTAL REVENUE $1,630,663

Expense Breakdown

Grants Paid $0
Salaries & Benefits $211,862
Fundraising Expenses $0
Program Expenses $1,560,394
Other Expenses $1,452,472
TOTAL EXPENSES $1,664,334

Year-over-Year Comparison

2024 2023 Change
Revenue $1,630,663 $1,608,023 +0.0%
Expenses $1,664,334 $1,578,924 +0.1%
Net Income $-33,671 $29,099 -2.2%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
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
2
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LYNN BATTLE PRESIDENT N/A
Officer
$0 $0 $0
VIVIAN MELTON SECRETARY N/A
Officer
$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 $1,630,663 $1,664,334 $3,637,848 $-33,671
2024 $1,608,023 $1,578,924 $3,781,332 $29,099
2023 $1,499,048 $1,638,292 $3,772,162 $-139,244
2022 $1,672,643 $1,559,929 $4,030,690 $112,714
2021 $1,425,858 $1,447,969 $4,003,187 $-22,111
2020 $1,437,627 $1,510,930 $4,116,710 $-73,303
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