NU-DIMENSIONS INC

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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

2016

Legal Domicile

Principal Officer

ALANDA RICHARDSON

Phone

8283285373

Tax Period

2023-01-01 to 2023-12-31

NU-DIMENSIONS INC, founded in 2016, is a community nonprofit in the Housing & Shelter sector that reported $3.3M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $3.9M exceeded revenue, resulting in a 18% operating deficit.

Mission

NONE

Program Service Accomplishments

Program 1

Expenses: $3,333,130 Revenue: $1,081,947

OPERATION OF APARTMENT COMPLEXES LOCATED IN HICKORY, NORTH CAROLINA. THE COMPLEXES ARE COMPRISED OF A TOTAL OF 311 UNITS.

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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 $2,180,737

Program Service Revenue $0

Investment Income $89

Other Revenue $1,081,947

TOTAL REVENUE $3,262,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $628,239

Fundraising Expenses $0

Program Expenses $3,333,130

Other Expenses $3,230,409

TOTAL EXPENSES $3,858,648

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,262,773	$3,558,355	-0.1%
Expenses	$3,858,648	$3,571,521	+0.1%
Net Income	$-595,875	$-13,166	+44.3%

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

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

$140,459

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AL HENRY	MEMBER	1.00	Director	$0	$0	$0
DANIEL COLLINSON	MEMBER	1.00	Director	$0	$0	$0
FORREST TOMS	MEMBER	1.00	Director	$0	$0	$0
MICHAEL WIMBERLY	CHAIRMAN	1.00	Officer	$0	$0	$0
SIDNEY MILES	VICE CHAIRMAN	1.00	Officer	$0	$0	$0
DIANA NGUYEN	CFO	29.00	Officer	$78,804	$15,373	$140,459
ALANDA RICHARDSON	CEO	20.00	Highest	$0	$17,706	$161,777

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
2023	$3,262,773	$3,858,648	$12,073,908	$-595,875
2022	$3,558,355	$3,571,521	$12,678,163	$-13,166
2021	$3,186,655	$3,311,320	$12,970,491	$-124,665
2020	$3,181,950	$3,439,548	$13,067,074	$-257,598
2018	$2,779,897	$3,290,890	$5,297,257	$-510,993