FREEPORT SENIOR HOUSING INC (EIN 010492876) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

TOM WHELAN

Phone

2078651652

Tax Period

2024-10-01 to 2025-09-30

FREEPORT SENIOR HOUSING INC, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $793K in total revenue in fiscal year 2024.

Mission

LOW INCOME HOUSING

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $550,647

Program Service Revenue $242,733

Investment Income $86

Other Revenue $0

TOTAL REVENUE $793,466

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $743,189

Other Expenses $788,717

TOTAL EXPENSES $788,717

Year-over-Year Comparison

	2024	2023	Change
Revenue	$793,466	$760,405	+0.0%
Expenses	$788,717	$764,268	+0.0%
Net Income	$4,749	$-3,863	-2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$64,611

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS RONEY	PRESIDENT	3.00	Officer Director	$0	$0	$0
BRIDGET DORNBACH	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
THOMAS WHELAN	TREASURER	2.00	Officer Director	$0	$0	$0
THOMAS H KELLEY	SECRETARY & CLERK	2.00	Officer Director	$0	$0	$0
DR JEFFREY STENZEL	DIRECTOR	2.00	Director	$0	$0	$0
DREW WING	DIRECTOR	1.00	Director	$0	$0	$0
MARY ATALA LESSARD	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE NORTON	ASSISTANT VICE PRESIDENT	1.00	Director	$0	$0	$0
ELIZABETH CARLTON	DIRECTOR	1.00	Director	$0	$0	$0
AMY CARTMELL	DIRECTOR	1.00	Director	$0	$0	$0
LINCOLN JEFFERS	DIRECTOR	1.00	Director	$0	$0	$0
CHELSEA BELANGER	DIRECTOR	1.00	Director	$0	$0	$0
MATT PETERS	EXECUTIVE DIRECTOR	30.00	Officer	$0	$0	$64,611

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	$793,466	$788,717	$2,032,709	$4,749
2024	$760,405	$764,268	$2,098,730	$-3,863
2023	$716,228	$711,136	$2,171,079	$5,092
2022	$692,176	$688,537	$2,229,209	$3,639
2021	$649,117	$634,243	$2,294,860	$14,874
2020	$594,798	$525,897	$2,349,545	$68,901
2019	$589,780	$648,660	$2,417,866	$-58,880
2018	$579,001	$586,228	$2,341,821	$-7,227

FREEPORT SENIOR HOUSING INC