OPERATION BLESSING INC (EIN 020364878) - 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

1982

Legal Domicile

Principal Officer

DENNIS HOSKIN

Phone

6034308561

Tax Period

2024-01-01 to 2024-12-31

OPERATION BLESSING INC, founded in 1982, is a community nonprofit in the Human Services sector that reported $1.3M in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring.

Mission

PROVIDES FOOD, CLOTHING, FURNITURE, HOUSEHOLD GOODS, AND EMERGENCY ASSISTANCE TO NEEDY FAMILIES IN THE SEACOAST AREA INCLUDING REGIONS OF MAINE AND MASSACHUSETTS WITHIN 30 MILES OF PORTSMOUTH.

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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 $1,252,651

Program Service Revenue $0

Investment Income $10,150

Other Revenue $39,868

TOTAL REVENUE $1,302,669

Expense Breakdown

Grants Paid $1,023,762

Salaries & Benefits $182,027

Fundraising Expenses $621

Program Expenses $1,262,757

Other Expenses $176,026

TOTAL EXPENSES $1,381,815

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,302,669	$2,058,670	-0.4%
Expenses	$1,381,815	$1,899,100	-0.3%
Net Income	$-79,146	$159,570	-1.5%

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

Volunteers

200

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
DENNIS HOSKIN	PRESIDENT	N/A	Officer Director	$0	$0	$0
ROBERT FREEMAN	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
HEIDI HAWKINS	SECRETARY	N/A	Officer Director	$0	$0	$0
DAVID TOWNER	DIRECTOR	N/A	Officer Director	$0	$0	$0
GARY HOLMES	DIRECTOR	N/A	Director	$0	$0	$0
MARLENE M POE	DIRECTOR	N/A	Director	$0	$0	$0
DEBBIE ANGELICO	TREASURER	N/A	Officer 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
2024	$1,302,669	$1,381,815	$898,484	$-79,146
2023	$2,058,670	$1,899,100	$980,176	$159,570
2023	$1,961,781	$1,802,213	$980,176	$159,568
2022	$1,098,522	$1,155,749	$813,670	$-57,227
2021	$1,178,852	$793,623	$876,020	$385,229
2020	$987,486	$889,919	$495,532	$97,567
2019	$975,390	$972,041	$393,916	$3,349
2018	$947,703	$1,013,260	$404,490	$-65,557

OPERATION BLESSING INC