DEVITT HOUSE INC (EIN 232526857) - 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

1988

Legal Domicile

Principal Officer

THOMAS BAER

Phone

5705220021

Tax Period

2024-01-01 to 2024-12-31

DEVITT HOUSE INC, founded in 1988, is a small nonprofit that reported $424K in total revenue in fiscal year 2024. Expenses of $477K exceeded revenue, resulting in a 12% operating deficit.

Mission

TO PROVIDE AFFORDABLE HOUSING TO THE ELDERLY IN A SAFE, SECURE AND SUPPORTIVE ENVIRONMENT.

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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 $3,957

Program Service Revenue $414,952

Investment Income $1,976

Other Revenue $3,195

TOTAL REVENUE $424,080

Expense Breakdown

Grants Paid $0

Salaries & Benefits $78,246

Fundraising Expenses $0

Program Expenses $366,998

Other Expenses $398,831

TOTAL EXPENSES $477,077

Year-over-Year Comparison

	2024	2023	Change
Revenue	$424,080	$401,554	+0.1%
Expenses	$477,077	$455,398	+0.0%
Net Income	$-52,997	$-53,844	0.0%

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

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

$1,804,982

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AUDREY BINGAMAN	TREASURER	1.00	Officer Director	$0	$0	$0
REV JEFFREY HAUCK	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
REV RICKY PHILLIPS	BOARD MEMBER	1.00	Director	$0	$0	$0
REV MICHAEL ROMIG EXP 63024	SECRETARY	1.00	Officer Director	$0	$0	$0
DEA SCHADER EXP 6302024	VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
REV DOUG SCHADER	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARY SCHNURE	SECRETARY	1.00	Officer Director	$0	$0	$0
LARRY SNOOK	BOARD MEMBER	1.00	Director	$0	$0	$0
BENJAMIN ARNOLD	BOARD MEMBER	1.00	Director	$0	$0	$0
BONNIE ARNOLD	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT R STEVENSON	PRESIDENT/CEO	1.00	Officer	$0	$119,915	$942,440
ROBERT RICHARDS	COO	1.00	Officer	$0	$41,770	$396,014
THOMAS BAER	CFO	1.00	Officer	$0	$64,805	$375,202
JASON SHOTT	COO	1.00	Officer	$0	$11,121	$91,326

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	$424,080	$477,077	$468,925	$-52,997
2023	$401,554	$455,398	$472,009	$-53,844
2022	$402,467	$438,910	$474,917	$-36,443
2021	$390,610	$460,517	$531,157	$-69,907
2020	$396,772	$425,480	$642,916	$-28,708
2019	$400,336	$489,770	$717,616	$-89,434
2018	$395,110	$449,775	$769,330	$-54,665

DEVITT HOUSE INC