Meridian Manor Inc (EIN 640802816) - 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

1987

Legal Domicile

Principal Officer

Juanita Lear

Phone

6627467984

Tax Period

2023-01-01 to 2023-12-31

Meridian Manor Inc, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $164K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $226K exceeded revenue, resulting in a 38% operating deficit.

Mission

Low Income Housing

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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 $63,314

Program Service Revenue $92,592

Investment Income $70

Other Revenue $7,675

TOTAL REVENUE $163,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $28,548

Fundraising Expenses $0

Program Expenses $147,263

Other Expenses $197,503

TOTAL EXPENSES $226,051

Year-over-Year Comparison

	2023	2022	Change
Revenue	$163,651	$123,625	+0.3%
Expenses	$226,051	$184,497	+0.2%
Net Income	$-62,400	$-60,872	+0.0%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Juanita Lear	President	2.00	Officer Director	$0	$0	$0
Joffre Washington	Vice President	2.00	Director	$0	$0	$0
Willye Thomas	Secretary	2.00	Officer Director	$0	$0	$0
Louis Williams	Member	1.00	Director	$0	$0	$0
Michael Wallace	Member	1.00	Director	$0	$0	$0
Travis Johnson	Chaplain	2.00	Director	$0	$0	$0
Remona Suttlar	Treasurer	2.00	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
2024	No data	No data	No data	No data
2023	$163,651	$226,051	$458,620	$-62,400
2023	$178,733	$227,008	$473,841	$-48,275
2022	$123,625	$184,497	$552,992	$-60,872
2021	$104,032	$212,843	$610,702	$-108,811
2020	$111,844	$221,871	$720,022	$-110,027
2019	$106,757	$173,433	$824,193	$-66,676
2018	$102,214	$156,128	$890,391	$-53,914

Meridian Manor Inc