GENESIS HOUSE OF OLEAN INC (EIN 161457018) - 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

1994

Legal Domicile

Principal Officer

MELISSA YAWORSKY

Tax Period

2024-01-01 to 2024-12-31

GENESIS HOUSE OF OLEAN INC, founded in 1994, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $327K, a strong 32% operating margin.

Mission

TO PROVIDE SECURE AND TEMPORARY HOUSING AND SUPPORT SERVICES AS HOMELESS ADULTS AND FAMILIES TRANSITION TO MORE STABLE HOUSING.

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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 $150,105

Program Service Revenue $820,016

Investment Income $27,094

Other Revenue $21,457

TOTAL REVENUE $1,018,672

Expense Breakdown

Grants Paid $0

Salaries & Benefits $351,046

Fundraising Expenses $11,273

Program Expenses $611,199

Other Expenses $340,269

TOTAL EXPENSES $691,315

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,018,672	$686,454	+0.5%
Expenses	$691,315	$397,478	+0.7%
Net Income	$327,357	$288,976	+0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON AARON	DIRECTOR	1.00	Director	$0	$0	$0
PAULA BERNSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
FAITH HUSTAK	DIRECTOR	1.00	Director	$0	$0	$0
DRMUHAMMED TAHIR JAVED	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN LOTHRIDGE	DIRECTOR	1.00	Director	$0	$0	$0
ALICE MCFARLIN	TREASURER	1.00	Officer Director	$0	$0	$0
WARREN MILLER	DIRECTOR	1.00	Director	$0	$0	$0
J MIRIAM NATALE	DIRECTOR	1.00	Director	$0	$0	$0
PAT O'MALLEY	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY PALMER	CHAIR	1.00	Director	$0	$0	$0
REV KIM ROSSI	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LINDA SCHNELL	DIRECTOR	1.00	Director	$0	$0	$0
SALLY SCHULTZ	DIRECTOR	1.00	Director	$0	$0	$0
SHARON SNYDER	SECRETARY	1.00	Officer Director	$0	$0	$0
MARY KAY TAMBASH	DIRECTOR	1.00	Director	$0	$0	$0
JUDY WIGHTMAN	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
2024	$1,018,672	$691,315	$1,419,323	$327,357
2023	$686,454	$397,478	$1,021,914	$288,976
2022	$323,037	$252,457	$725,792	$70,580
2021	$290,253	$196,949	$655,767	$93,304
2020	$258,663	$234,507	$506,628	$24,156
2019	$221,030	$262,739	$459,922	$-41,709
2018	$246,572	$260,672	$434,000	$-14,100

GENESIS HOUSE OF OLEAN INC