HARMONY HOUSE INC (EIN 260263301) - 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

2007

Legal Domicile

Principal Officer

AMY CORCORAN

Phone

4133159784

Tax Period

2024-01-01 to 2024-12-31

HARMONY HOUSE INC, founded in 2007, is a small nonprofit in the Human Services sector that reported $241K in total revenue in fiscal year 2024. Revenue fell 42% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $96K, a strong 40% operating margin.

Mission

PROVIDE A RESIDENCE FOR COMPASSIONATE CARE IN FINAL STAGES OF LIFE

🔒

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 $183,261

Program Service Revenue $24,700

Investment Income $15,383

Other Revenue $17,905

TOTAL REVENUE $241,249

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,031

Fundraising Expenses $1,628

Program Expenses $143,475

Other Expenses $52,527

TOTAL EXPENSES $145,558

Year-over-Year Comparison

	2024	2023	Change
Revenue	$241,249	$419,017	-0.4%
Expenses	$145,558	$20,169	+6.2%
Net Income	$95,691	$398,848	-0.8%

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

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
AMY CORCORAN	TREASURER	4.00	Officer Director	$0	$0	$0
DIANE DIETZEN	DIRECTOR	2.00	Director	$0	$0	$0
GINA MAZZA	PRESIDENT	4.00	Director	$0	$0	$0
RICH RIVET	DIRECTOR	2.00	Director	$0	$0	$0
JOYCE THIELAN	CLERK	2.00	Director	$0	$0	$0
WIN WHITCOMB	DIRECTOR	2.00	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
2024	$241,249	$145,558	$987,095	$95,691
2023	$419,017	$20,169	$890,918	$398,848
2022	$47,587	$12,311	$491,739	$35,276
2021	$86,385	$12,987	$457,323	$73,398
2020	$181,249	$13,220	$383,268	$168,029
2019	$140,168	$115,196	$217,961	$24,972
2018	$215,357	$161,240	$190,038	$54,117

HARMONY HOUSE INC