YAROCK MEMORIAL HOUSING INC (EIN 222547039) - 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

1984

Legal Domicile

Principal Officer

HAROLD LEMIEUX

Phone

5088601232

Tax Period

2023-10-01 to 2024-09-30

YAROCK MEMORIAL HOUSING INC, founded in 1984, is a small nonprofit in the Housing & Shelter sector that reported $981K in total revenue in fiscal year 2023. Expenses of $1.3M exceeded revenue, resulting in a 34% operating deficit.

Mission

THE ORGANIZATION PROVIDES NON PROFIT HUMAN SERVICE PROVIDERS THAT SERVE THE MENTALLY ILL, DISABLED, AND ELDERLY WITH THE RESOURCES THE PROVIDERS ARE UNABLE TO PURCHASE DIRECTLY THAT WILL IMPROVE DELIVERY OF HUMAN SERVICE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $961,676

Investment Income $6,832

Other Revenue $12,485

TOTAL REVENUE $980,993

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,317,254

Other Expenses $1,317,254

TOTAL EXPENSES $1,317,254

Year-over-Year Comparison

	2023	2022	Change
Revenue	$980,993	$960,518	+0.0%
Expenses	$1,317,254	$1,220,165	+0.1%
Net Income	$-336,261	$-259,647	+0.3%

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
RANDY JACQUES	BOARD MEMBER	0.10	Director	$0	$0	$0
PETER CARUSO	BOARD MEMBER	0.10	Director	$0	$0	$0
WILLIAM KELLY	BOARD MEMBER	0.10	Director	$0	$0	$0
GORDON BENSON	CEO	0.10	Officer	$0	$0	$0
JOHN LITO	CFO UNTIL (10/2023)	0.10	Officer	$0	$0	$0
DOMINIQUE BOULETTE	DIRECTOR OF FINANCE (10/23 - 2/24)	0.10	Officer	$0	$0	$0
MICHELLE HICKS	DIRECTOR OF FINANCE ( AS OF 2/24)	0.10	Officer	$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	$980,993	$1,317,254	$4,540,995	$-336,261
2023	$960,518	$1,220,165	$4,262,719	$-259,647
2021	$970,124	$800,513	$5,078,488	$169,611
2020	$964,549	$853,198	$5,132,363	$111,351

YAROCK MEMORIAL HOUSING INC