CHADWICK RESIDENCE INC (EIN 222805597) - 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

1985

Legal Domicile

Principal Officer

MARY ALICE KIAH

Phone

3154241821

Tax Period

2024-01-01 to 2024-12-31

CHADWICK RESIDENCE INC, founded in 1985, is a small nonprofit that reported $615K in total revenue in fiscal year 2024. Expenses of $697K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROVIDE SUPPORTIVE HOUSING AND A VARIETY OF PROFESSIONAL SERVICES FOR HOMELESS WOMEN AND THEIR CHILDREN IN AN ENVIRONMENT THAT EMPOWERS THEM TO DEVELOP THE KNOWLEDGE AND SKILLS NECESSARY TO INCREASE THEIR SELF-SUFFICIENCY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $539,256

Program Service Revenue $61,774

Investment Income $6,757

Other Revenue $7,374

TOTAL REVENUE $615,161

Expense Breakdown

Grants Paid $0

Salaries & Benefits $399,014

Fundraising Expenses $0

Program Expenses $606,746

Other Expenses $297,683

TOTAL EXPENSES $696,697

Year-over-Year Comparison

	2024	2023	Change
Revenue	$615,161	$590,363	+0.0%
Expenses	$696,697	$600,192	+0.2%
Net Income	$-81,536	$-9,829	+7.3%

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

Volunteers

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

$74,066

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOANNE OLSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
ANTHONY P ADORANTE	BOARD MEMBER	1.00	Director	$0	$0	$0
KAY MAGNARELLI	BOARD MEMBER	1.00	Director	$0	$0	$0
MADELYN CHADWICK	BOARD MEMBER	2.00	Director	$0	$0	$0
KIM CARFI	SECRETARY	1.00	Officer Director	$0	$0	$0
MARY ALICE KIAH	PRESIDENT	4.00	Officer Director	$0	$0	$0
CONSTANCE SOJEWICZ	BOARD MEMBER	1.00	Director	$0	$0	$0
JANET ELVEY-TOOMBS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARIA MILLER	BOARD MEMBER	1.00	Director	$0	$0	$0
BETH PRONESTI	BOARD MEMBER - THRU 9/24	1.00	Director	$0	$0	$0
KIMBERLY CAWLEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ROSANNA GIAMPAOLO	TREASURER	2.00	Officer Director	$0	$0	$0
MARGARET MCINERNEY	BOARD MEMBER	1.00	Director	$0	$0	$0
ANTOINETTA KEAHEY	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN TUCKER	BOARD MEMBER	1.00	Director	$0	$0	$0
JEN DEFURIA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HEATHER HUNTER	EXECUTIVE DIRECTOR	40.00	Officer	$69,152	$4,914	$74,066

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	$615,161	$696,697	$530,687	$-81,536
2023	$590,363	$600,192	$615,913	$-9,829
2022	$582,563	$622,497	$599,248	$-39,934
2021	$660,892	$625,101	$629,556	$35,791
2020	$610,171	$600,998	$600,665	$9,173
2019	$573,084	$593,912	$567,664	$-20,828
2018	$564,644	$602,298	$583,937	$-37,654

CHADWICK RESIDENCE INC