MILLIGAN HOUSING FOR THE ELDERLY AND HANDICAPPED OF BRISTOL INC (EIN 261611830) - 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

2009

Legal Domicile

Principal Officer

CAL WILSON

Phone

4239266031

Tax Period

2022-01-01 to 2022-12-31

MILLIGAN HOUSING FOR THE ELDERLY AND HANDICAPPED OF BRISTOL INC, founded in 2009, is a micro nonprofit in the Housing & Shelter sector that reported $76K in total revenue in fiscal year 2022. Revenue decreased 5% compared to the prior year. Expenses of $139K exceeded revenue, resulting in a 83% operating deficit.

Mission

PROVISION OF ASSISTED LOW INCOME HOUSING

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $74,879

Program Service Revenue $0

Investment Income $198

Other Revenue $768

TOTAL REVENUE $75,845

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,595

Fundraising Expenses $8,197

Program Expenses $129,226

Other Expenses $128,075

TOTAL EXPENSES $138,670

Year-over-Year Comparison

	2022	2021	Change
Revenue	$75,845	$79,964	-0.1%
Expenses	$138,670	$142,270	0.0%
Net Income	$-62,825	$-62,306	+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

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
RON DEMPSEY	DIRECTOR	2	Director	$0	$0	$0
BILL LORAN	DIRECTOR	2	Director	$0	$0	$0
PHIL TORBETT	PRESIDENT	2	Director	$0	$0	$0
COREY WEBB	DIRECTOR	2	Director	$0	$0	$0
CAL WILSON	DIRECTOR	2	Director	$0	$0	$0
RICK YORK	SECRETARY/TREAS	2	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	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$75,845	$138,670	$1,313,625	$-62,825
2021	$79,964	$142,270	$1,381,492	$-62,306
2020	$81,226	$130,189	$1,448,712	$-48,963

MILLIGAN HOUSING FOR THE ELDERLY AND HANDICAPPED OF BRISTOL INC