THE CHAPMAN HOUSE (EIN 010211476) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1941

Legal Domicile

Principal Officer

STEVEN WALLACE

Phone

2077830961

Tax Period

2024-01-01 to 2024-12-31

THE CHAPMAN HOUSE is a 501(c)(3) with EIN 010211476, based in AUBURN, ME. Founded in 1941, the organization files IRS Form 990 and reported its most recent data for fiscal year 2024. In that period, it reported $2,361,563 in total revenue and $2,926,275 in total expenses, with net assets of $12,700,865.

Mission

30 BED RESIDENTIAL CARE FACILITY WHICH PROVIDES HOUSING FOR ELDERLY WOMEN IN ANDROSCOGGIN COUNTY, MAINE

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,494,253

Investment Income $867,310

Other Revenue $0

TOTAL REVENUE $2,361,563

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,395,290

Fundraising Expenses $0

Program Expenses $2,776,788

Other Expenses $1,530,985

TOTAL EXPENSES $2,926,275

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,361,563	$1,712,738	+0.4%
Expenses	$2,926,275	$2,449,262	+0.2%
Net Income	$-564,712	$-736,524	-0.2%

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

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

$3,250

Total Directors

$2,725

Key Employees

$132,962

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BONNIE IWANS	ADMINISTRATOR	40.00	Key Emp	$109,358	$23,604	$132,962
STEVEN WALLACE	PRESIDENT	1.00	Officer	$1,075	$0	$1,075
MARY MURPHY	DIRECTOR	1.00	Director	$975	$0	$975
KATHLEEN SONAGERE	DIRECTOR	1.00	Director	$775	$0	$775
NERIA DOUGLASS	SECRETARY	1.00	Officer	$775	$0	$775
KATHY ATTWOOD	VICE PRESIDENT	1.00	Officer	$700	$0	$700
LAURA GORMLEY	TREASURER	1.00	Officer	$700	$0	$700
BARBARA MITCHELL	DIRECTOR	1.00	Director	$525	$0	$525
COURTNEY JENSEN MD	DIRECTOR	1.00	Director	$450	$0	$450

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	$2,361,563	$2,926,275	$12,829,844	$-564,712
2023	$1,712,738	$2,449,262	$12,964,002	$-736,524
2022	$1,834,262	$2,234,663	$12,903,058	$-400,401
2021	$5,135,687	$1,971,825	$14,439,632	$3,163,862
2020	$3,039,519	$1,828,740	$13,889,831	$1,210,779
2019	$1,776,955	$1,634,543	$12,670,958	$142,412
2018	$1,490,592	$1,570,332	$11,552,683	$-79,740

THE CHAPMAN HOUSE