CARLORENE HOUSE INC (EIN 631142128) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

HAZELL STOUDEMIRE

Phone

3343651260

Tax Period

2024-05-01 to 2025-04-30

CARLORENE HOUSE INC, founded in 1992, is a small nonprofit in the Housing & Shelter sector that reported $240K in total revenue in fiscal year 2020. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $217K left a modest 9% surplus.

Mission

TO PROVIDE TOTAL CARE FOR THE LOW-INCOME, MENTALLY ILL, AND HOMELESS POPULATION.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,100

Program Service Revenue $251,382

Investment Income $0

Other Revenue $0

TOTAL REVENUE $253,482

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,953

Fundraising Expenses $0

Program Expenses $250,385

Other Expenses $132,432

TOTAL EXPENSES $250,385

Year-over-Year Comparison

	2024	2023	Change
Revenue	$253,482	$258,097	0.0%
Expenses	$250,385	$261,745	0.0%
Net Income	$3,097	$-3,648	-1.8%

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

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
WILMA ANDREWS	BOARD MEMBER	N/A	Director	$0	$0	$0
MARYANNE ARMSTRONG	BOARD MEMBER	N/A	Director	$0	$0	$0
CARL JOHNSON	BOARD MEMBER	N/A	Director	$0	$0	$0
CARLESTA JONES	BOARD MEMBER	N/A	Director	$0	$0	$0
WILLIE MILES	BOARD MEMBER	N/A	Director	$0	$0	$0
WILLIE MORGAN	BOARD MEMBER	N/A	Director	$0	$0	$0
HAZELL STOUDEMIRE	PRESIDENT	N/A	Officer Director	$0	$0	$0
ANTON TRIMBLE	BOARD MEMBER	N/A	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	$253,482	$250,385	$5,112	$3,097
2024	$258,097	$261,745	$2,128	$-3,648
2023	$266,173	$273,397	$6,014	$-7,224
2022	$249,551	$244,528	$249,551	$5,023
2021	$239,684	$217,213	$239,684	$22,471

CARLORENE HOUSE INC