Gratitude House Inc (EIN 237215223) - 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

Carl Nicola

Phone

9175203682

Tax Period

2021-07-01 to 2022-06-30

Gratitude House Inc, founded in 1968, is a micro nonprofit in the Mental Health sector that reported $1K in total revenue in fiscal year 2021. Revenue surged 213% from the prior year, signaling strong growth momentum. Expenses of $61K exceeded revenue, resulting in a 4986% operating deficit.

Mission

Residential and outpatient care for women with substance abuse.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $178

Other Revenue $1,027

TOTAL REVENUE $1,205

Expense Breakdown

Grants Paid $15,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $15,000

Other Expenses $46,285

TOTAL EXPENSES $61,285

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,205	$385	+2.1%
Expenses	$61,285	$123,361	-0.5%
Net Income	$-60,080	$-122,976	-0.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anne Hurley	President	15.00	Officer Director	$0	$0	$0
Jamie Niemie	Vice President	15.00	Officer Director	$0	$0	$0
Carl Nicola	Secretary/Treasurer	15.00	Officer 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
2022	$1,205	$61,285	$2,122,565	$-60,080
2021	$385	$123,361	$2,183,730	$-122,976
2020	$13,501	$117,796	$2,307,318	$-104,295
2019	$186,830	$96,250	$2,452,258	$90,580
2018	$1,380,574	$495,737	$2,406,371	$884,837

Gratitude House Inc