TOP HOUSE INC (EIN 010882170) - 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

2007

Legal Domicile

Principal Officer

JO ANN SIMONS

Phone

9787624878

Tax Period

2024-07-01 to 2025-06-30

TOP HOUSE INC, founded in 2007, is a micro nonprofit in the Housing & Shelter sector that reported $45K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $89K exceeded revenue, resulting in a 97% operating deficit.

Mission

HOLD REAL ESTATE FOR NORTHEAST ARC, AN AFFILIATED 501(C)(3) ORGANIZATION.

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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 $0

Program Service Revenue $45,247

Investment Income $130

Other Revenue $0

TOTAL REVENUE $45,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $83,298

Other Expenses $89,307

TOTAL EXPENSES $89,307

Year-over-Year Comparison

	2024	2023	Change
Revenue	$45,377	$37,612	+0.2%
Expenses	$89,307	$73,270	+0.2%
Net Income	$-43,930	$-35,658	+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

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

$622,520

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE HARRINGTON	TREASURER/DIRECTOR (UNTIL 5/25)	1.00	Director	$0	$0	$0
SHARI MUNRO	CLERK/DIRECTOR	1.00	Director	$0	$0	$0
JO ANN SIMONS	CEO	1.00	Officer	$0	$213,914	$622,520
JULIE CUMMINGS	PRESIDENT/DIRECTOR	1.00	Officer	$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	$45,377	$89,307	$888,394	$-43,930
2024	$37,612	$73,270	$883,754	$-35,658
2023	$31,315	$61,220	$906,505	$-29,905
2022	$31,991	$62,789	$926,544	$-30,798
2021	$35,174	$58,243	$948,787	$-23,069
2020	$41,865	$57,783	$979,672	$-15,918
2019	$37,158	$70,257	$995,233	$-33,099
2018	$28,556	$60,028	$1,013,535	$-31,472

TOP HOUSE INC