THE DRAKE HOUSE INC

EIN: 200943038 501(c)(3) Housing & Shelter

ROSWELL, GA

Total Revenue
$2,264,302
Total Expenses
$2,564,362
Total Assets
$6,127,742
Net Assets
$5,797,406
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
GA
Principal Officer
NESHA MASON
Phone
4705190432
Tax Period
2023-07-01 to 2024-06-30

THE DRAKE HOUSE INC, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $2.3M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO EMPOWER WOMEN AND THEIR CHILDREN EXPERIENCING HOMELESSNESS TO ACHIEVE ECONOMIC INDEPENDENCE AND LONG-TERM STABILITY.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,987,473
Program Service Revenue $132,639
Investment Income $37,176
Other Revenue $107,014
TOTAL REVENUE $2,264,302

Expense Breakdown

Grants Paid $167,308
Salaries & Benefits $1,412,376
Fundraising Expenses $156,339
Program Expenses $2,144,718
Other Expenses $984,678
TOTAL EXPENSES $2,564,362

Year-over-Year Comparison

2023 2022 Change
Revenue $2,264,302 $3,019,791 -0.3%
Expenses $2,564,362 $2,522,231 +0.0%
Net Income $-300,060 $497,560 -1.6%
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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Governance

Voting Members
17
Independent Members
17
Employees
26
Volunteers
509

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
5
$110,887
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NESHA MASON PRESIDENT 40.00
Officer
$101,083 $9,804 $110,887
LYNN WILSON BOARD CHAIR 1.00
Officer Director
$0 $0 $0
LISA STEVENS VICE CHAIR 1.00
Officer Director
$0 $0 $0
GENILLE MCELVEY SECRETARY 1.00
Officer Director
$0 $0 $0
LAURA MADAJEWSKI TREASURER 1.00
Officer Director
$0 $0 $0
AMY MOORE BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA COYLE BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREW WALKER BOARD MEMBER 1.00
Director
$0 $0 $0
VETTA LISBON HAUSER BOARD MEMBER 1.00
Director
$0 $0 $0
KRYSTAL BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
MEG CHAPMAN BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF MEYERS BOARD MEMBER 1.00
Director
$0 $0 $0
HEATHER D BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID HARRELL BOARD MEMBER 1.00
Director
$0 $0 $0
DR LISA HASTY MD BOARD MEMBER 1.00
Director
$0 $0 $0
DUEZ CHEEK BOARD MEMBER 1.00
Director
$0 $0 $0
GREGG BUNDSCHUH BOARD MEMBER 1.00
Director
$0 $0 $0
SUE SCHMIDLKOFER BOARD MEMBER 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 $2,264,302 $2,564,362 $6,127,742 $-300,060
2023 $3,019,791 $2,522,231 $6,637,090 $497,560
2022 $2,503,527 $2,085,150 $5,629,705 $418,377
2021 $2,077,502 $1,789,758 $5,217,871 $287,744
2020 $1,828,066 $1,614,942 $5,170,096 $213,124
2019 $1,839,860 $1,473,721 $4,677,035 $366,139
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