DAMON HOUSE INC (EIN 221918234) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

JACQUELINE WEIST

Phone

7328283988

Tax Period

2024-07-01 to 2025-06-30

DAMON HOUSE INC, founded in 1971, is a community nonprofit in the Mental Health sector that reported $2.6M in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $2.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

FORMED TO ESTABLISH, OPERATE AND MAINTAIN A RESIDENTIAL AND OUTPATIENT PROGRAM FOR THOSE SUFFERING WITH SUBSTANCE ABUSE DISORDERS AND DRUG DEPENDENCE AND TO REHABILITATE THOSE PERSONS. IN ADDITION, IT WAS FORMED TO ENCOURAGE PEOPLE WITH SUBSTANCE ABUSE DISORDERS TO SEEK TREATMENT AND TO AID THEM IN INDEPENDENT LIVING. DAMON HOUSE ALSO SEEKS TO ENHANCE PUBLIC AWARENESS OF THE NATURE AND EFFECTS OF THE ILLICIT USE OF DRUGS AND TO STIMULATE PUBLIC INTEREST IN THE BENEFITS OF PREVENTION OF ADDITION AND THE BENEFITS OF TREATMENT AND RE-SOCIALIZATION OF ADDICTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $161,280

Program Service Revenue $2,428,684

Investment Income $6

Other Revenue $1,640

TOTAL REVENUE $2,591,610

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,851,453

Fundraising Expenses $0

Program Expenses $2,659,267

Other Expenses $1,039,546

TOTAL EXPENSES $2,890,999

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,591,610	$3,452,779	-0.2%
Expenses	$2,890,999	$2,845,918	+0.0%
Net Income	$-299,389	$606,861	-1.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$100,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATHAN NASSIF	CHAIRMAN	0.00	Officer Director	$0	$0	$0
PHILIP BOROW	VICE-CHAIRPERSON	0.00	Officer Director	$0	$0	$0
PAUL BODO	SECRETARY/TREASURER	0.00	Officer Director	$0	$0	$0
JEFFREY WEIL	TRUSTEE	0.00	Director	$0	$0	$0
AL DOLNICK	TRUSTEE	0.00	Director	$0	$0	$0
GAVIN DIZON	TRUSTEE	0.00	Director	$0	$0	$0
JACQUELINE WEIST	EXECUTIVE DIRECTOR	40.00	Officer	$99,460	$540	$100,000

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	$2,591,610	$2,890,999	$1,796,903	$-299,389
2024	$3,398,734	$2,777,777	$2,017,025	$620,957
2024	$3,452,779	$2,845,918	$2,022,961	$606,861
2023	$2,720,958	$2,731,522	$2,107,720	$-10,564
2022	$2,504,234	$2,762,773	$2,053,989	$-258,539
2021	$2,718,387	$2,464,390	$2,299,138	$253,997
2021	$2,718,386	$2,419,037	$2,344,490	$299,349
2020	$3,055,826	$2,636,411	$2,578,663	$419,415
2019	$2,420,143	$2,597,956	$824,846	$-177,813
2018	$2,512,575	$2,525,321	$736,539	$-12,746

DAMON HOUSE INC