Houston Serenity Place Inc (EIN 043810847) - 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

2005

Legal Domicile

Principal Officer

Christopher Brown

Phone

7136915453

Tax Period

2023-01-01 to 2023-12-31

Houston Serenity Place Inc, founded in 2005, is a small nonprofit that reported $615K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 66% operating deficit.

Mission

To provide a clean, safe, nurturing environment for children placed by child protective services.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,600

Investment Income $237,083

Other Revenue $374,965

TOTAL REVENUE $614,648

Expense Breakdown

Grants Paid $0

Salaries & Benefits $428,313

Fundraising Expenses $0

Program Expenses $1,018,814

Other Expenses $590,501

TOTAL EXPENSES $1,018,814

Year-over-Year Comparison

	2023	2022	Change
Revenue	$614,648	$1,048,395	-0.4%
Expenses	$1,018,814	$1,119,233	-0.1%
Net Income	$-404,166	$-70,838	+4.7%

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

117

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

$284,946

Total Directors

$284,946

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Christopher Brown	Treasurer	60.00	Officer Director	$144,231	$0	$144,231
Wanda Brown	Secretary	60.00	Officer Director	$140,715	$0	$140,715
Jerry Roashe	Member	2.00	Director	$0	$0	$0
Cheryl Rivers	Member	2.00	Director	$0	$0	$0
Delaune Radin	President	2.00	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
2023	$614,648	$1,018,814	$15,712,241	$-404,166
2022	$1,038,395	$1,119,233	$16,307,755	$-80,838
2021	$3,801,406	$2,199,579	$17,349,572	$1,601,827
2020	$5,958,992	$4,401,790	$17,401,972	$1,557,202
2019	$7,002,485	$6,000,781	$12,677,606	$1,001,704
2018	$7,830,266	$5,442,189	$11,773,439	$2,388,077

Houston Serenity Place Inc