EPISCOPAL HOUSE OF READING (EIN 236463768) - 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

1968

Legal Domicile

Principal Officer

DANA HANCHIN

Phone

7172911911

Tax Period

2020-10-01 to 2021-09-30

EPISCOPAL HOUSE OF READING, founded in 1968, is a small nonprofit that reported $746K in total revenue in fiscal year 2020. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $856K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDING RENTAL HOUSING AND RELATED SERVICES TO ELDERLY PERSONS OF LOW INCOME.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $796,215

Investment Income $-83,952

Other Revenue $33,761

TOTAL REVENUE $746,024

Expense Breakdown

Grants Paid $0

Salaries & Benefits $176,709

Fundraising Expenses $0

Program Expenses $815,386

Other Expenses $679,500

TOTAL EXPENSES $856,209

Year-over-Year Comparison

	2020	2019	Change
Revenue	$746,024	$1,020,362	-0.3%
Expenses	$856,209	$995,411	-0.1%
Net Income	$-110,185	$24,951	-5.4%

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

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
DANA HANCHIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
RICHARD MCDOUGALL	DIRECTOR	1.00	Director	$0	$0	$0
LUANN OATMAN	DIRECTOR	1.00	Director	$0	$0	$0
BRADLEY PETERS	DIRECTOR	1.00	Director	$0	$0	$0
SHARLENE WOODRUFF	VICE PRESIDENT	1.00	Officer	$0	$0	$0
MICHAEL SCHOBER	SECRETARY AND TREASURER	1.00	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
2021	$746,024	$856,209	No data	$-110,185
2020	$1,020,362	$995,411	$2,856,909	$24,951
2019	$998,198	$1,062,019	$2,871,653	$-63,821
2018	$967,433	$970,082	$2,911,263	$-2,649

EPISCOPAL HOUSE OF READING