North Carolina Community Housing &… - Form 990 Financial Data

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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

Principal Officer

Lakeisha Armwood

Phone

9109203710

Tax Period

2025-01-01 to 2025-12-31

North Carolina Community Housing & Consulting Inc is a small nonprofit in the Housing & Shelter sector that reported $196K in total revenue in fiscal year 2025. Revenue surged 231% from the prior year, signaling strong growth momentum. Expenses of $266K exceeded revenue, resulting in a 36% operating deficit.

Mission

The main operation is to establish a well grounded community for very low to moderate individuals

Program Service Accomplishments

Program 1

Expenses: $266,129 Revenue: $-70,177

HSCP grant assisted clients with providing the rsources to avoid

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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 (2025)

Revenue Breakdown

Contributions & Grants $195,953

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $195,953

Expense Breakdown

Grants Paid $11,283

Salaries & Benefits $171,569

Fundraising Expenses $0

Program Expenses $266,129

Other Expenses $83,277

TOTAL EXPENSES $266,129

Year-over-Year Comparison

	2025	2024	Change
Revenue	$195,953	$59,214	+2.3%
Expenses	$266,129	$150,995	+0.8%
Net Income	$-70,176	$-91,781	-0.2%

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

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

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	Role	Reportable Comp	Other Comp	Total
Lakeisha Armwo	President	Director	$0	$0	$0
Thomas Armwood	Vice President	Director	$0	$0	$0
Arevona McInty	Secretary	Director	$0	$0	$0
Muriel Jones	Chair Comm	Director	$0	$0	$0
Kim Murphy	Commissioner	Director	$0	$0	$0
Charise McNair	Commissioner	Director	$0	$0	$0
Alicia Peques	Commissioner	Director	$0	$0	$0
Jamere Todd	Treasurer	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	$195,953	$266,129	$7,752	$-70,176
2024	$59,214	$122,184	$9,950	$-62,970
2022	$328,563	$234,344	$111,548	$94,219

North Carolina Community Housing & Consulting Inc