BENEFICENT HOUSE (EIN 050311339) - 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

1963

Legal Domicile

Principal Officer

APRIL LAU

Phone

4013314755

Tax Period

2022-01-01 to 2022-12-31

BENEFICENT HOUSE, founded in 1963, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2022. Expenses of $2.5M left a modest 4% surplus.

Mission

TO PROVIDE LOW TO MODERATE COST HOUSING IN THE PROVIDENCE AREA.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $2,517,499

Investment Income $27,453

Other Revenue $36,000

TOTAL REVENUE $2,580,952

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,351,663

Other Expenses $2,475,138

TOTAL EXPENSES $2,475,138

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,580,952	$2,521,540	+0.0%
Expenses	$2,475,138	$2,291,455	+0.1%
Net Income	$105,814	$230,085	-0.5%

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

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
TERRY BONTRAGER	SECRETARY	N/A	Officer Director	$0	$0	$0
REV ELIZABETH CHANDLER	EX OFFICIO M	N/A	Director	$0	$0	$0
PAUL CZECH	MEMBER	N/A	Director	$0	$0	$0
PETER DICRISTOFARO	MEMBER	N/A	Director	$0	$0	$0
JAY FRALIS	PRESIDENT	N/A	Officer Director	$0	$0	$0
IRENE HOPE	ASSISTANT SE	N/A	Officer Director	$0	$0	$0
JASON IACOBUCCI	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
REV DENNIS KNIGHT	TREASURER	N/A	Officer Director	$0	$0	$0
APRIL LAU	MEMBER	N/A	Director	$0	$0	$0
PAUL LEIMER	MEMBER	N/A	Director	$0	$0	$0
KEVIN NELSON	ASSISTANT TR	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	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$2,580,952	$2,475,138	$7,706,410	$105,814
2021	$2,521,540	$2,291,455	$7,791,293	$230,085
2020	$2,539,404	$2,225,039	$7,754,745	$314,365
2019	$2,560,225	$2,258,165	$7,463,277	$302,060
2018	$2,464,834	$2,229,658	$7,407,543	$235,176

BENEFICENT HOUSE