HARBOR PROPERTIES (EIN 251840963) - 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

1999

Legal Domicile

Principal Officer

RENAY CROUSE

Phone

7249468711

Tax Period

2024-07-01 to 2025-06-30

HARBOR PROPERTIES, founded in 1999, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. The organization ran a surplus of $1.5M, a strong 78% operating margin.

Mission

TO PROVIDE OFFICE SPACE AND PHYSICAL SPACE TO ADVANCE, PROMOTE, AND SUPPORT THE EXEMPT PURPOSES OF THE BAIR FOUNDATION AND ITS AFFILIATED ORGANIZATIONS WHICH PROVIDE THERAPEUTIC FOSTER CARE SERVICES TO CHILDREN.

🔒

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 $0

Program Service Revenue $864,617

Investment Income $123,891

Other Revenue $945,504

TOTAL REVENUE $1,934,012

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $420,759

Other Expenses $430,606

TOTAL EXPENSES $430,606

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,934,012	$1,989,983	0.0%
Expenses	$430,606	$421,218	+0.0%
Net Income	$1,503,406	$1,568,765	0.0%

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

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

$704,418

Total Directors

$5,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT FIORELLI	BOARD MEMBER	1.00	Director	$0	$0	$500
HASHEEN WILSON	BOARD MEMBER	1.00	Director	$0	$0	$500
FRANK PHILLIPS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$1,450
JAMES SEBASTIAN	CHAIRMAN	1.00	Officer Director	$0	$0	$1,000
GLEN COCHRAN	BOARD MEMBER	1.00	Director	$0	$0	$500
COLEEN KULKIN	BOARD MEMBER	1.00	Director	$0	$0	$1,450
SUSAN MIKLOS	EXECUTIVE DIRECTOR (THRU DEC 2024)	1.00	Officer	$0	$19,118	$323,796
DONNA EGBERT	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$16,029	$147,720
RENAY CROUSE	EXECUTIVE DIRECTOR (EFF JAN 2025)	1.00	Officer	$0	$10,974	$230,452

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	$1,934,012	$430,606	$65,951,160	$1,503,406
2024	$1,989,983	$421,218	$59,492,221	$1,568,765
2023	$4,687,557	$442,104	$57,351,362	$4,245,453
2022	$3,118,785	$615,864	$53,431,550	$2,502,921
2021	$1,366,735	$374,161	$48,858,198	$992,574
2020	$2,183,485	$577,676	$47,355,926	$1,605,809
2019	$2,795,215	$433,238	$38,248,446	$2,361,977
2018	$1,374,099	$464,133	$32,722,096	$909,966

HARBOR PROPERTIES