SCARC HOUSING INC

EIN: 208345039 501(c)(3) Housing & Shelter

AUGUSTA, NJ

Total Revenue
$133,476
Total Expenses
$162,401
Total Assets
$1,008,233
Net Assets
$-742,774
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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
NJ
Principal Officer
MEGAN MACMULLIN
Phone
9733837442
Tax Period
2024-07-01 to 2025-06-30

SCARC HOUSING INC, founded in 2006, is a small nonprofit in the Housing & Shelter sector that reported $133K in total revenue in fiscal year 2024. Expenses of $162K exceeded revenue, resulting in a 22% operating deficit.

Mission

SCARC HOUSING, A NON-PROFIT CORPORATION, IS DEDICATED TO THE HOUSING SUPPORT OF INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $84,770
Program Service Revenue $48,603
Investment Income $103
Other Revenue $0
TOTAL REVENUE $133,476

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $118,658
Other Expenses $162,401
TOTAL EXPENSES $162,401

Year-over-Year Comparison

2024 2023 Change
Revenue $133,476 $140,089 0.0%
Expenses $162,401 $159,359 +0.0%
Net Income $-28,925 $-19,270 +0.5%
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

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Governance

Voting Members
7
Independent Members
7
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
3
$198,448
Total Directors
4
$394,942
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN NEWBURGH TRUSTEE 2.00
Director
$0 $26,030 $209,997
CHRIS HEMMER TRUSTEE 2.00
Director
$0 $18,631 $184,945
DAVID WEED TRUSTEE 2.00
Director
$0 $0 $0
MARY ANN ST JOHN TRUSTEE 2.00
Director
$0 $0 $0
ANDY SHARICK PRESIDENT 2.00
Officer
$0 $0 $0
PATTI NUGENT VICE PRESIDENT 2.00
Officer
$0 $0 $0
MEGAN MACMULLIN SECRETARY/TREASURER 2.00
Officer
$0 $13,463 $198,448
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 $133,476 $162,401 $1,008,233 $-28,925
2024 $140,089 $159,359 $1,041,488 $-19,270
2023 $211,094 $197,102 $1,064,101 $13,992
2022 $128,543 $171,349 $1,093,605 $-42,806
2021 $104,628 $160,116 $1,121,789 $-55,488
2020 $112,222 $149,390 $1,163,944 $-37,168
2019 $95,576 $136,111 $1,206,524 $-40,535
2018 $93,125 $136,455 $1,230,878 $-43,330
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