VIRTUE HOUSE MINISTRIES INC (EIN 260416039) - 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

2007

Legal Domicile

Principal Officer

JOSIE PIPERAKIS

Phone

6186654441

Tax Period

2024-01-01 to 2024-12-31

VIRTUE HOUSE MINISTRIES INC, founded in 2007, is a small nonprofit in the Youth Development sector that reported $468K in total revenue in fiscal year 2018. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $454K left a modest 3% surplus.

Mission

TO PROVIDE AN ALTERNATIVE EDUCATION PROGRAM FOR CHILDREN IN PRESCHOOL THROUGH GRAD 12 LOCATED WITHIN AND NEAR THE AREA OF LOUISVILLE, ILLINOIS.

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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 $107,008

Program Service Revenue $248,527

Investment Income $0

Other Revenue $133,611

TOTAL REVENUE $489,146

Expense Breakdown

Grants Paid $0

Salaries & Benefits $286,919

Fundraising Expenses $0

Program Expenses $438,868

Other Expenses $219,063

TOTAL EXPENSES $505,982

Year-over-Year Comparison

	2024	2023	Change
Revenue	$489,146	$543,491	-0.1%
Expenses	$505,982	$550,778	-0.1%
Net Income	$-16,836	$-7,287	+1.3%

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

Volunteers

220

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

$65,000

Total Directors

$65,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW SHELTON	PRESIDENT	40.00	Officer Director	$45,000	$0	$45,000
JOSIE PIPERAKIS	TREASURER	40.00	Officer Director	$20,000	$0	$20,000
CYNTHIA BAILEY	VICE PRESIDENT	40.00	Officer Director	$0	$0	$0
COLE BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
MASON BAILEY	DIRECTOR	1.00	Director	$0	$0	$0
ABIE SHELTON	DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$489,146	$505,982	$363,731	$-16,836
2023	$543,491	$550,778	$393,742	$-7,287
2022	$591,077	$656,732	$415,574	$-65,655
2021	$540,456	$547,413	$487,922	$-6,957
2020	$486,987	$461,571	$504,664	$25,416
2019	$470,268	$439,504	$488,707	$30,764
2018	$468,147	$453,570	$469,677	$14,577

VIRTUE HOUSE MINISTRIES INC