MALTA HOUSE INC (EIN 061604710) - 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

2001

Legal Domicile

Principal Officer

MARY KULHANEK

Phone

2038570088

Tax Period

2023-07-01 to 2024-06-30

MALTA HOUSE INC, founded in 2001, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $1.8M exceeded revenue, resulting in a 19% operating deficit.

Mission

MALTA HOUSE PROVIDES HOMELESS PREGNANT AND PARENTING WOMEN AND THEIR CHILDREN WITH SOCIAL SERVICES SUPPORT; ON-SITE HOUSING OR FINANCIAL ASSISTANCE FOR OFF-SITE HOUSEING; CHILD CARE; EDUCATIONAL OPPORTUNITIES FOR EMPLOYMENT; AND PARENTING AND INDEPENDENT-LIVING SKILLS TRAINING.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,631,079

Program Service Revenue $6,875

Investment Income $0

Other Revenue $-85,722

TOTAL REVENUE $1,552,232

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,088,944

Fundraising Expenses $172,382

Program Expenses $1,478,736

Other Expenses $757,789

TOTAL EXPENSES $1,846,733

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,552,232	$1,640,596	-0.1%
Expenses	$1,846,733	$2,178,523	-0.2%
Net Income	$-294,501	$-537,927	-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

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

$124,581

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA KOEPPEL	EXECUTIVE DI	40.00	Officer	$124,581	$0	$124,581
ALEX RUSSO JULY 1- DEC 31 2023	DIRECTOR	1.00	Director	$0	$0	$0
MARINO PATRK JULY 1 - DEC 31 2023	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER BELL	DIRECTOR	1.00	Director	$0	$0	$0
OWEN CARRAGHER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE CONSIDINE	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JEANNE COUPE	SECRETARY	2.00	Officer Director	$0	$0	$0
FR JEFF COUTURE	DIRECTOR	1.00	Director	$0	$0	$0
PILAR CURIALE	DIRECTOR	1.00	Director	$0	$0	$0
RONALD DESOIZA	DIRECTOR	1.00	Director	$0	$0	$0
SAMANTHA DONOGHUE	DIRECTOR	1.00	Director	$0	$0	$0
KIERRA EDWARDS	DIRECTOR	1.00	Director	$0	$0	$0
SHARON FEIGHERY	DIRECTOR	1.00	Director	$0	$0	$0
ANNE GAGNON	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HUSSEY	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL KRENICKI	TREASURER	5.00	Officer Director	$0	$0	$0
MARY KULHANEK	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN LEBLANC	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL J O'ROURKE	DIRECTOR	3.00	Director	$0	$0	$0
KIMBERLEY PETRONE	CHAIR	10.00	Officer Director	$0	$0	$0
ERIN REGAN	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE SALVATORE	DIRECTOR	1.00	Director	$0	$0	$0
PAMELA SHILLING	DIRECTOR	1.00	Director	$0	$0	$0
KATE STIMPSON	DIRECTOR	1.00	Director	$0	$0	$0
MIKE YAO	DIRECTOR	1.00	Director	$0	$0	$0
MAGGIE YOUNG	DIRECTOR	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	No data	No data	No data	No data
2024	$1,552,232	$1,846,733	$6,083,052	$-294,501
2023	$1,640,596	$2,178,523	$6,552,491	$-537,927
2022	$1,271,964	$1,621,339	$6,386,416	$-349,375
2021	$2,600,980	$1,315,505	$6,611,045	$1,285,475
2020	$4,435,698	$1,226,833	$5,417,970	$3,208,865
2019	$1,090,058	$1,266,762	$742,423	$-176,704
2018	$909,178	$994,642	$126,168	$-85,464

MALTA HOUSE INC