FINDLAY HOUSE INC (EIN 132689955) - 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

1966

Legal Domicile

Principal Officer

JOSEPH ZITOLO

Phone

7188227377

Tax Period

2024-04-01 to 2025-03-31

FINDLAY HOUSE INC, founded in 1966, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $2.3M exceeded revenue, resulting in a 33% operating deficit.

Mission

PROVIDES LOW-INCOME HOUSING TO QUALIFIED APPLICANTS

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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 $0

Program Service Revenue $1,756,541

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,756,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $346,922

Fundraising Expenses $0

Program Expenses $2,184,447

Other Expenses $1,987,265

TOTAL EXPENSES $2,334,187

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,756,541	$1,874,274	-0.1%
Expenses	$2,334,187	$2,348,697	0.0%
Net Income	$-577,646	$-474,423	+0.2%

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

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
PATRICK LOGAN	VICE CHAIRMA	N/A	Director	$0	$0	$0
KEVIN THURMAN	SECRETARY	N/A	Director	$0	$0	$0
JOSEPH ZITOLO	CHAIRMAN	N/A	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	$1,756,541	$2,334,187	$3,083,405	$-577,646
2024	$1,874,274	$2,348,697	$3,734,425	$-474,423
2023	$1,973,786	$2,143,392	$3,699,777	$-169,606
2022	$1,866,174	$2,269,489	$3,911,707	$-403,315
2021	$1,804,879	$2,283,896	$4,170,394	$-479,017
2020	$1,941,315	$2,214,133	$4,479,474	$-272,818
2019	$1,978,400	$2,320,284	$4,619,275	$-341,884
2018	$2,227,297	$2,674,292	$4,938,443	$-446,995

FINDLAY HOUSE INC