THE MILLS HOME ALUMNI ASSOCIATION INC

EIN: 851240331 501(c)(3) Education

ROCKWELL, NC

Total Revenue
$70,832
Total Expenses
$125,950
Total Assets
$262,281
Net Assets
$262,281
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NC
Principal Officer
Flora H Patton
Phone
7047917866
Tax Period
2025-01-01 to 2025-12-31

THE MILLS HOME ALUMNI ASSOCIATION INC, founded in 2020, is a micro nonprofit in the Education sector that reported $71K in total revenue in fiscal year 2025. Expenses of $126K exceeded revenue, resulting in a 78% operating deficit.

Mission

Establish, fund, & complete projects on the Mills Home campus of Baptist Children's Homes of NC, Inc. (BCH) located in Thomasville, North Carolina. Provide monthly support for activities to Mills Home Baptist Church. Maintain & repair Mitchell Museum.

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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 (2025)

Revenue Breakdown

Contributions & Grants $10,518
Program Service Revenue $60,314
Investment Income $0
Other Revenue $0
TOTAL REVENUE $70,832

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $125,950
Other Expenses $125,950
TOTAL EXPENSES $125,950

Year-over-Year Comparison

2025 2024 Change
Revenue $70,832 $66,757 +0.1%
Expenses $125,950 $70,922 +0.8%
Net Income $-55,118 $-4,165 +12.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
13

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
5
$0
Total Directors
0
$0
Key Employees
8
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jackie Elliott Walker President 1
Officer
$0 $0 $0
Cecelia Townsend Wilkers 1st Vice-President 1
Officer
$0 $0 $0
Sherri Townsend Alexander 2nd Vice-President 1
Officer
$0 $0 $0
Lisa Carter Lancaster Secretary 1
Officer
$0 $0 $0
Flora Hicks Patton Treasurer 3
Officer
$0 $0 $0
Rusty Bunker Council Member 1
Key Emp
$0 $0 $0
Keith Campbell Council Member 1
Key Emp
$0 $0 $0
Martha Berndt Roster Council Member 1
Key Emp
$0 $0 $0
Ruth Berndt Hodges Council Member 1
Key Emp
$0 $0 $0
Larry Kelley Council Member 1
Key Emp
$0 $0 $0
Johnny Shields Council Member 1
Key Emp
$0 $0 $0
Sharon Dehart Stiles Chairman/Record Keeper - Columbarium 2
Key Emp
$0 $0 $0
Lib Smathers Johnson Council Member & Publicist 2
Key Emp
$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 $70,832 $125,950 $262,281 $-55,118
2024 $66,757 $70,922 $316,206 $-4,165
2023 $63,443 $29,995 $319,728 $33,448
2022 $79,646 $26,152 $286,798 $53,494
2021 $66,777 $28,160 $233,712 $38,617
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