SHELTER SERVICES INC

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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

1985

Legal Domicile

Principal Officer

ELAINE BROUSSEAU

Phone

4017380848

Tax Period

2020-01-01 to 2020-12-31

SHELTER SERVICES INC, founded in 1985, is a micro nonprofit that reported $2K in total revenue in fiscal year 2020. Revenue fell 99% from the prior year — a significant decline worth monitoring. Expenses of $3K exceeded revenue, resulting in a 97% operating deficit.

Mission

PROVIDE HOUSING FOR HOMELESS

Program Service Accomplishments

Program 1

Expenses: $450 Revenue: $1,615

SHELTER SERVICES, INC. ADDRESS THE NEED OF HOUSING FOR THE HOMELESS IN THE CITY OF PROVIDENCE, RI. IN DECEMBER 2019 THE ORGANIZATION CEASED OPERATIONS AND SOLD ALL ITS PROPERTY AND EQUIPMENT.

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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 (2020)

Revenue Breakdown

Contributions & Grants $1,615

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,615

Expense Breakdown

Grants Paid $450

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $450

Other Expenses $2,738

TOTAL EXPENSES $3,188

Year-over-Year Comparison

	2020	2019	Change
Revenue	$1,615	$262,852	-1.0%
Expenses	$3,188	$160,367	-1.0%
Net Income	$-1,573	$102,485	-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

N/A

Independent Members

N/A

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
CATHERINE CHANNELL	PRESIDENT	10.00	Officer	$0	$0	$0
ELAINE BROUSSEAU SAWTELLE	TREASURER	5.00	Officer	$0	$0	$0
BRUCE R HICKOX	BOARD MEMBER	5.00	Officer	$0	$0	$0
LINDA MEYER	BOARD MEMBER	5.00	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
2020	$1,615	$3,188	No data	$-1,573
2019	$262,852	$160,367	$7,997	$102,485