UNITY HOMES INC (EIN 942203466) - 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

1973

Legal Domicile

Principal Officer

RODNEY LEE

Phone

4088859283

Tax Period

2024-05-01 to 2025-04-30

UNITY HOMES INC, founded in 1973, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2024. Expenses of $3.9M left a modest 4% surplus.

Mission

TO PROVIDE LOW-INCOME HOUSING ON A COOPERATIVE BASIS, IN A MANNER AND FOR THE PURPOSES PROVIDED IN TITLE II OF THE NATIONAL HOUSING ACT, AS AMENDED.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,146,007

Program Service Revenue $910,577

Investment Income $7,272

Other Revenue $0

TOTAL REVENUE $4,063,856

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,172,173

Fundraising Expenses $0

Program Expenses $3,774,478

Other Expenses $2,741,447

TOTAL EXPENSES $3,913,620

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,063,856	$3,982,444	+0.0%
Expenses	$3,913,620	$3,697,177	+0.1%
Net Income	$150,236	$285,267	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RODNEY LEE	PRESIDENT	3.00	Officer Director	$0	$0	$0
ESTHER BENNETT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBINETTE WILLIAMS	SECRETARY	1.00	Officer Director	$0	$0	$0
ALEXIS ALEXANDER	TREASURER	1.00	Officer Director	$0	$0	$0
BARBARA BROWN	DIRECTOR	1.00	Director	$0	$0	$0
VERSIE LEE BROWN	DIRECTOR	1.00	Director	$0	$0	$0
JOAN DILL	DIRECTOR	1.00	Director	$0	$0	$0
CLARENCE STATHAM	DIRECTOR	1.00	Director	$0	$0	$0
DERRELL WHITLEY	DIRECTOR	1.00	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	$4,063,856	$3,913,620	$19,334,367	$150,236
2024	$3,982,444	$3,697,177	$19,142,834	$285,267
2023	$3,867,219	$2,902,520	$18,814,055	$964,699
2022	$3,677,215	$2,415,642	$17,930,847	$1,261,573
2021	$3,685,570	$2,517,024	$16,919,551	$1,168,546
2020	$3,176,144	$2,517,758	$15,976,366	$658,386
2019	$2,195,752	$2,200,224	$15,482,559	$-4,472
2018	$2,178,733	$2,194,883	$15,593,706	$-16,150

UNITY HOMES INC