NATIONAL CHURCH RESIDENCES EDEN CROSS TX INC (EIN 822246849) - 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

2018

Legal Domicile

Principal Officer

JILL KOLB

Phone

6144512151

Tax Period

2023-07-01 to 2024-06-30

NATIONAL CHURCH RESIDENCES EDEN CROSS TX INC, founded in 2018, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2023. Revenue surged 727% from the prior year, signaling strong growth momentum.

Mission

PROVIDE HOUSING FOR LOW AND MODERATE INCOME PERSONS.

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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 $95,152

Program Service Revenue $33,176

Investment Income $3,972,069

Other Revenue $16

TOTAL REVENUE $4,100,413

Expense Breakdown

Grants Paid $3,985,892

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,092,062

Other Expenses $123,553

TOTAL EXPENSES $4,109,445

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,100,413	$495,775	+7.3%
Expenses	$4,109,445	$532,462	+6.7%
Net Income	$-9,032	$-36,687	-0.8%

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

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

$2,534,632

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT MALONEY	DIRECTOR	0.10	Director	$0	$0	$0
VIRGINIA BARNEY	DIRECTOR	0.10	Director	$0	$0	$0
TINGTING LI	DIRECTOR	0.10	Director	$0	$0	$0
GREG COMFORT	DIRECTOR	0.10	Director	$0	$0	$0
MATTHEW D RULE	PRESIDENT	0.10	Officer	$0	$46,401	$525,229
SONYA BROWN	VICE PRESIDENT	0.10	Officer	$0	$43,456	$432,573
JULIE M WOOLLEY	SECRETARY	0.10	Officer	$0	$28,373	$440,716
JILL KOLB	TREASURER	0.10	Officer	$0	$42,450	$286,273
ERIC WALKER	VICE PRESIDENT	0.10	Officer	$0	$38,214	$296,808
ROBERT S WALTER	VICE PRESIDENT	0.10	Officer	$0	$37,100	$553,033

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	$4,100,413	$4,109,445	No data	$-9,032
2023	$495,775	$532,462	$1,795,210	$-36,687
2022	$515,677	$463,780	$1,847,215	$51,897
2021	$494,912	$471,726	$1,842,574	$23,186
2020	$415,083	$418,178	$1,817,524	$-3,095
2019	$408,517	$418,753	$1,857,016	$-10,236
2018	$5,229	$21,262	$1,870,615	$-16,033

NATIONAL CHURCH RESIDENCES EDEN CROSS TX INC