GENESIS HOUSING SERVICES (EIN 201376916) - 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

2004

Legal Domicile

Principal Officer

BRYAN KETCHAM

Phone

5098532800

Tax Period

2024-01-01 to 2024-12-31

GENESIS HOUSING SERVICES, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 75% from the prior year — a significant decline worth monitoring. Net assets of $12.8M represent 97 months of operating reserves.

Mission

TO PROVIDE LOW & MODERATE INCOME PERSONS WITH HOUSING FACILITIES & SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, & PSYCHOLOGICAL NEEDS & TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS & USEFULNESS IN LONGER LIVING.

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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 $959,948

Program Service Revenue $537,447

Investment Income $91,531

Other Revenue $0

TOTAL REVENUE $1,588,926

Expense Breakdown

Grants Paid $0

Salaries & Benefits $77,339

Fundraising Expenses $0

Program Expenses $1,544,901

Other Expenses $1,467,562

TOTAL EXPENSES $1,544,901

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,588,926	$6,303,448	-0.7%
Expenses	$1,544,901	$509,776	+2.0%
Net Income	$44,025	$5,793,672	-1.0%

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

N/A

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

$705,083

Total Directors

$510,244

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DARLENE DARNELL	DIRECTOR	1.00	Officer Director	$0	$21,914	$286,371
PAUL PALMER	TREASURER	1.00	Officer Director	$0	$12,418	$223,873
BRYAN KETCHAM	OFFICER	2.00	Officer	$0	$34,554	$194,839
TIM FLOOD	VICE CHAIR	1.00	Director	$0	$0	$0
ANITA QUINTANA	SECRETARY	1.00	Director	$0	$0	$0
THOMAS M SLIMAN	DIRECTOR	1.00	Director	$0	$0	$0
TERESA SANCHEZ	CHAIR PERSON	1.00	Officer 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	$1,588,926	$1,544,901	$16,301,690	$44,025
2023	$6,303,448	$509,776	$17,268,272	$5,793,672
2022	$2,778,536	$635,153	$11,330,677	$2,143,383
2021	$540,598	$349,449	$6,165,449	$191,149
2020	$404,021	$314,449	$5,633,577	$89,572
2019	$560,309	$350,758	$5,544,995	$209,551
2018	$379,053	$310,003	$5,990,685	$69,050

GENESIS HOUSING SERVICES