HEDWIG HOUSE (EIN 232010639) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

KAREN BITTING

Phone

6107871982

Tax Period

2024-07-01 to 2025-06-30

HEDWIG HOUSE, founded in 1975, is a community nonprofit in the Mental Health sector that reported $1.8M in total revenue in fiscal year 2024. Expenses of $1.7M left a modest 4% surplus.

Mission

TO PROVIDE SUPPORT AND ASSISTANCE TO PERSONS WITH MENTAL ILLNESS IN PURSUIT OF INDEPENDENCE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,710,215

Program Service Revenue $51,326

Investment Income $8,219

Other Revenue $5,545

TOTAL REVENUE $1,775,305

Expense Breakdown

Grants Paid $0

Salaries & Benefits $544,646

Fundraising Expenses $64,913

Program Expenses $1,318,327

Other Expenses $1,164,220

TOTAL EXPENSES $1,708,866

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,775,305	$1,823,868	0.0%
Expenses	$1,708,866	$1,931,970	-0.1%
Net Income	$66,439	$-108,102	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$266,116

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELE EDGCUMBE	CO-CEO	37.50	Officer	$88,116	$0	$88,116
KAREN BITTING	CO-CEO	37.50	Officer	$87,002	$0	$87,002
KAYLA TEMPLE	CFO	22.50	Officer	$46,980	$0	$46,980
SUSAN HAYS	COO THROUGH 7/15/24	37.50	Officer	$42,976	$1,042	$44,018
MICHAEL JAEGER	PRESIDENT	2.00	Officer Director	$0	$0	$0
NICHOLAS J DIMARINO	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
SUZANNE FRANKS	SECRETARY	2.00	Officer Director	$0	$0	$0
GILLIAN CLEGG	TREASURER	2.00	Officer Director	$0	$0	$0
NELSON J ACEVEDO	DIRECTOR	2.00	Director	$0	$0	$0
THOMAS V EDWARDS JR	DIRECTOR	2.00	Director	$0	$0	$0
KOH CHIBA	DIRECTOR	2.00	Director	$0	$0	$0
DARRYL GOLDEN	DIRECTOR	2.00	Director	$0	$0	$0
EMILY KIND-RUBIN	DIRECTOR	2.00	Director	$0	$0	$0
KENNETH MUELLER	DIRECTOR	3.00	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	$1,775,305	$1,708,866	$1,268,516	$66,439
2024	$1,823,868	$1,931,970	$1,263,046	$-108,102
2023	$1,781,497	$1,745,303	$1,501,337	$36,194
2022	$1,496,320	$1,604,064	$1,364,226	$-107,744
2021	$1,391,282	$1,220,672	$1,578,244	$170,610
2020	$873,283	$1,456,657	$1,799,923	$-583,374
2019	$2,236,335	$2,214,379	$2,361,023	$21,956
2018	$2,555,671	$2,745,979	$2,397,585	$-190,308

HEDWIG HOUSE