ABODE FOR CHILDREN INC (EIN 204198100) - 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

2006

Legal Domicile

Principal Officer

CHRIS REYNOLDS

Phone

7245383171

Tax Period

2024-01-01 to 2024-12-31

ABODE FOR CHILDREN INC, founded in 2006, is a small nonprofit in the Human Services sector that reported $273K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $305K exceeded revenue, resulting in a 12% operating deficit.

Mission

SUPPORT FOR MISSIONS IN FOREIGN COUNTRIES TO PROVIDE FOOD, CLOTHING, SHELTER, AND EDUCATION TO NEEDY CHILDREN

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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 $273,033

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $273,033

Expense Breakdown

Grants Paid $291,164

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $291,164

Other Expenses $14,024

TOTAL EXPENSES $305,188

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,033	$369,211	-0.3%
Expenses	$305,188	$373,350	-0.2%
Net Income	$-32,155	$-4,139	+6.8%

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

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
JAMES PARAS	SECRETARY	2.00	Officer Director	$0	$0	$0
MATTHEW GORSICH	DIRECTOR	2.00	Director	$0	$0	$0
SANDRA GORSICH	DIRECTOR	2.00	Director	$0	$0	$0
CHRIS REYNOLDS	PRESIDENT	30.00	Officer Director	$0	$0	$0
PATRICK SHANNON	DIRECTOR	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	$273,033	$305,188	$44,181	$-32,155
2023	$369,211	$373,350	$74,603	$-4,139
2022	$170,346	$147,625	$79,906	$22,721
2021	$118,079	$117,655	$78,332	$424
2020	$146,587	$47,115	$102,617	$99,472
2019	$117,739	$158,202	$3,145	$-40,463
2018	$151,806	$135,168	$43,549	$16,638

ABODE FOR CHILDREN INC