Homeplace of Ayden Inc

EIN: 831319279 501(c)(3)

Ayden, NC

Total Revenue
$36,004
Total Expenses
$33,663
Total Assets
$22,540
Net Assets
$-24,005
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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
NC
Principal Officer
Mildred A Grimes
Phone
2525319710
Tax Period
2020-01-01 to 2020-12-31

Homeplace of Ayden Inc, founded in 2018, is a micro nonprofit that reported $36K in total revenue in fiscal year 2020. Expenses of $34K left a modest 7% surplus.

Mission

To address loneliness primarily in the elderly and those living alone by creating conditions spurring them to reconnect with others through verbal interactions, activities and love.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $36,004
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $36,004

Expense Breakdown

Grants Paid $100
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,992
Other Expenses $33,563
TOTAL EXPENSES $33,663

Year-over-Year Comparison

2020 2019 Change
Revenue $36,004 N/A N/A
Expenses $33,663 N/A N/A
Net Income $2,341 N/A N/A
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

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
5

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mildred Ann Grimes Vice-President 20.00
Officer
$0 $0 $0
Pamela Eldridge President 20.00
Officer
$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
2020 $36,004 $33,663 $22,540 $2,341
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