BUILDING SHALOM INCORPORATED (EIN 881644117) - 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

2021

Legal Domicile

Principal Officer

WILL KORNEGAY

Phone

2529039594

Tax Period

2025-01-01 to 2025-12-31

BUILDING SHALOM INCORPORATED, founded in 2021, is a small nonprofit in the Housing & Shelter sector that reported $134K in total revenue in fiscal year 2025. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $389K exceeded revenue, resulting in a 190% operating deficit.

Mission

THE MISSION OF BUILDING SHALOM IS TO REBUILD BLIGHTED NEIGHBORHOODS INTO BEAUTIFUL AND BELOVED NEIGHBORHOODS.

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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 $111,157

Program Service Revenue $11,921

Investment Income $-7,054

Other Revenue $17,840

TOTAL REVENUE $133,864

Expense Breakdown

Grants Paid $0

Salaries & Benefits $181,694

Fundraising Expenses $11,004

Program Expenses $335,226

Other Expenses $207,061

TOTAL EXPENSES $388,755

Year-over-Year Comparison

	2025	2024	Change
Revenue	$133,864	$387,086	-0.7%
Expenses	$388,755	$418,596	-0.1%
Net Income	$-254,891	$-31,510	+7.1%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILL KORNEGAY	BOARD CHAIR	N/A	Officer Director	$0	$0	$0
NANCY NIXON	VICE CHAIR	N/A	Officer Director	$0	$0	$0
BEN VOTIPKA	TREASURER	N/A	Officer Director	$0	$0	$0
DEON BRADFORD	BOARD MEMBER	N/A	Director	$0	$0	$0
PHYLLIS TURNER	BOARD MEMBER	N/A	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	$133,864	$388,755	$363,198	$-254,891
2024	No data	No data	No data	No data
2023	$205,432	$319,776	$538,758	$-114,344
2022	$286,887	$13,537	$274,525	$273,350
2022	$235,054	$115,814	$403,432	$119,240

BUILDING SHALOM INCORPORATED