House of Faith Inc (EIN 223373705) - 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

1994

Legal Domicile

Principal Officer

Jennifer Rejfir

Phone

2014356100

Tax Period

2023-01-01 to 2023-12-31

House of Faith Inc, founded in 1994, is a small nonprofit in the Unknown sector that reported $293K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year.

Mission

Outreach to homeless people achieved by offering food, shelter and education to those people in need.

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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 $241,950

Program Service Revenue $50,768

Investment Income $0

Other Revenue $0

TOTAL REVENUE $292,718

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,831

Fundraising Expenses $0

Program Expenses $296,528

Other Expenses $230,564

TOTAL EXPENSES $314,395

Year-over-Year Comparison

	2023	2022	Change
Revenue	$292,718	$326,085	-0.1%
Expenses	$314,395	$333,239	-0.1%
Net Income	$-21,677	$-7,154	+2.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bryant Hussey	Trustee	2.00	Director	$0	$0	$0
Sylvia Schedler	Treasurer	2.00	Officer	$0	$0	$0
Barbara Lee Perlmutter MD	Chairman	2.00	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
2024	No data	No data	No data	No data
2023	$292,718	$314,395	$131,977	$-21,677
2022	$326,085	$333,239	$140,154	$-7,154
2021	$329,131	$287,813	$158,457	$41,318
2020	$213,004	$251,008	$116,304	$-38,004

House of Faith Inc