PRIME TIME HOUSE INC

EIN: 222719755 501(c)(3) Employment

TORRINGTON, CT

Total Revenue
$1,355,789
Total Expenses
$1,218,223
Total Assets
$1,314,599
Net Assets
$1,265,334
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
CT
Principal Officer
Frank Ramsey
Phone
8606182479
Tax Period
2024-07-01 to 2025-06-30

PRIME TIME HOUSE INC, founded in 1986, is a community nonprofit in the Employment sector that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.2M left a modest 10% surplus.

Mission

Prime Time House empowers local adults with mental illness to lead productive and independent lives by providing opportunities for education, employment, friendship, housing and transportation. Members are treated with utmost dignity, respect, and as equal partners in their recovery. Prime Time is dedicated to reducing stigma and finding meaningful ways for members to better themselves both as individuals and as part of our community.Our Clubhouse program is centered on the Work-Ordered Day in which members work side-by-side with staff to define their recovery goals and work activities. As members perform various food service, transportation, reception, clerical, financial and other related tasks, they are gaining confidence and building employment skills. Our Supported Housing Program assists ten local individuals who have suffered from severe and prolonged mental illness and/or chronic chemical dependence find safe and affordable housing.

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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 $1,055,034
Program Service Revenue $174,776
Investment Income $18,244
Other Revenue $107,735
TOTAL REVENUE $1,355,789

Expense Breakdown

Grants Paid $0
Salaries & Benefits $628,260
Fundraising Expenses $129,619
Program Expenses $728,669
Other Expenses $589,963
TOTAL EXPENSES $1,218,223

Year-over-Year Comparison

2024 2023 Change
Revenue $1,355,789 $1,165,794 +0.2%
Expenses $1,218,223 $1,191,731 +0.0%
Net Income $137,566 $-25,937 -6.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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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
13
Independent Members
13
Employees
16
Volunteers
75

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
5
$16,901
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christina Emery Executive Dir. 40.00
Officer
$16,901 $0 $16,901
Lisa Ferris Director 2.00
Director
$0 $0 $0
Jeff Geddes past president 2.00
Director
$0 $0 $0
Patricia Sullivan Secretary 1.00
Officer Director
$0 $0 $0
Frank Ramsey President 2.00
Officer Director
$0 $0 $0
Beth Dupont Director 1.00
Director
$0 $0 $0
Kathy Minck Director 1.00
Director
$0 $0 $0
Lindsay Raymond Vice President 1.00
Officer Director
$0 $0 $0
John Seagrave Treasurer 1.00
Officer Director
$0 $0 $0
Dr Michael Kovalchik Director 1.00
Director
$0 $0 $0
Susan McGowan Director 1.00
Director
$0 $0 $0
Willow Dealy member liaison 1.00
Director
$0 $0 $0
Louisa Roraback Past President 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
2025 $1,355,789 $1,218,223 $1,314,599 $137,566
2024 No data No data No data No data
2024 $1,165,794 $1,191,731 $1,176,178 $-25,937
2023 $1,261,336 $1,365,423 $1,215,759 $-104,087
2022 $1,881,157 $1,412,999 $1,274,509 $468,158
2021 $1,663,278 $1,089,427 $814,899 $573,851
2020 $1,053,233 $1,063,769 $242,817 $-10,536
2019 $999,260 $1,006,699 $267,732 $-7,439
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