BELMONT ELDERLY HOUSING INC (EIN 020477325) - 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

1999

Legal Domicile

Principal Officer

JANICE HAMMOND

Phone

6032253295

Tax Period

2024-04-01 to 2025-03-31

BELMONT ELDERLY HOUSING INC, founded in 1999, is a small nonprofit in the Housing & Shelter sector that reported $388K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $475K exceeded revenue, resulting in a 23% operating deficit.

Mission

PROVIDE LOW INCOME HOUSING FOR THE ELDERLY AND/OR HANDICAPPED

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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 $207,159

Program Service Revenue $179,473

Investment Income $1,020

Other Revenue $0

TOTAL REVENUE $387,652

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $399,113

Other Expenses $474,904

TOTAL EXPENSES $474,904

Year-over-Year Comparison

	2024	2023	Change
Revenue	$387,652	$456,858	-0.2%
Expenses	$474,904	$463,634	+0.0%
Net Income	$-87,252	$-6,776	+11.9%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE HAMMOND	PRESIDENT	1.00	Officer Director	$0	$0	$0
TOM CLAIRMONT	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DIANNE PETERSON	TREASURER	1.00	Officer Director	$0	$0	$0
ALICIA SEGALINI	SECRETARY	1.00	Officer Director	$0	$0	$0
LARRY DEROSIA	BOARD MEMBER	1.00	Director	$0	$0	$0
BOB MARCOUX	BOARD MEMBER	1.00	Director	$0	$0	$0
SUZI BARD	BOARD MEMBER	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	$387,652	$474,904	$1,547,364	$-87,252
2024	$456,858	$463,634	$1,554,884	$-6,776
2023	$460,505	$514,699	$1,603,021	$-54,194
2022	$469,467	$520,137	$1,640,108	$-50,670
2021	$483,717	$417,545	$1,644,209	$66,172
2020	$456,375	$452,646	$1,610,137	$3,729
2019	$441,045	$499,191	$1,585,504	$-58,146

BELMONT ELDERLY HOUSING INC