MY SISTER'S PLACE OF GAINESVILLE INC (EIN 161619238) - 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

2002

Legal Domicile

Principal Officer

JENNIFER BERO

Phone

7705325111

Tax Period

2023-01-01 to 2023-12-31

MY SISTER'S PLACE OF GAINESVILLE INC, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $951K in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $249K, a strong 26% operating margin.

Mission

WE PROVIDE A HAVEN FOR A FRESH START FOR HOMELESS WOMEN AND CHILDREN BY PROVIDING TEMPORARY HOUSING AND THE TOOLS AND RESOURCES TO HELP OUR RESIDENTS REGAIN THEIR INDEPENDENCE.

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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 $893,373

Program Service Revenue $23,275

Investment Income $20,756

Other Revenue $13,204

TOTAL REVENUE $950,608

Expense Breakdown

Grants Paid $27,942

Salaries & Benefits $382,635

Fundraising Expenses $41,018

Program Expenses $556,943

Other Expenses $290,788

TOTAL EXPENSES $701,365

Year-over-Year Comparison

	2023	2022	Change
Revenue	$950,608	$610,620	+0.6%
Expenses	$701,365	$480,676	+0.5%
Net Income	$249,243	$129,944	+0.9%

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

100

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

$81,171

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER BERO	EXECUTIVE DI	40.00	Officer	$81,171	$0	$81,171
POLLY BENNETT	MEMBER	5.00	Director	$0	$0	$0
ANNE DITTMAN	MEMBER	1.00	Director	$0	$0	$0
JUDI GAROFALO	MEMBER	3.00	Director	$0	$0	$0
MICHELE RASMUSSEN	MEMBER	2.00	Director	$0	$0	$0
GALEN REAVIS	MEMBER	2.00	Director	$0	$0	$0
JOSEPH SHERMAN	MEMBER	2.00	Director	$0	$0	$0
DAVE SMITH	CHAIRMAN	8.00	Officer Director	$0	$0	$0
CALVIN STOWELL	TREASURER	3.00	Officer Director	$0	$0	$0
DONNA STRINGER	SECRETARY	5.00	Officer Director	$0	$0	$0
DANIELLE BUTLER	MEMBER	1.00	Director	$0	$0	$0
RON COX	MEMBER	2.00	Director	$0	$0	$0
BETH CURRY	MEMBER	1.00	Director	$0	$0	$0
ANDREINA HERNANDEZ	MEMBER	2.00	Director	$0	$0	$0
SANDHI KOZSUCH	MEMBER	3.00	Director	$0	$0	$0
LYNN SYFAN	MEMBER	2.00	Director	$0	$0	$0
LYNNDA THOMAS	MEMBER	2.00	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	No data	No data	No data	No data
2023	$950,608	$701,365	$1,342,860	$249,243
2022	$610,620	$480,676	$1,135,663	$129,944
2021	$401,669	$320,991	$924,018	$80,678
2020	$315,749	$253,097	$762,686	$62,652
2019	$304,504	$269,142	$699,377	$35,362
2018	$217,326	$229,964	$666,827	$-12,638

MY SISTER'S PLACE OF GAINESVILLE INC