Transitional Housing & Work Program of Davison County (EIN 263482285) - 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

2008

Legal Domicile

Principal Officer

Keith Mason

Phone

6159152539

Tax Period

2023-07-01 to 2024-06-30

Transitional Housing & Work Program of Davison County, founded in 2008, is a small nonprofit in the Education sector that reported $252K in total revenue in fiscal year 2023. Expenses of $321K exceeded revenue, resulting in a 27% operating deficit.

Mission

To provide transitional housing and daycare for people transitioning back into society and provide programs to help individuals learn a trade to reenter the workforce.

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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 (2023)

Revenue Breakdown

Contributions & Grants $126,720

Program Service Revenue $125,665

Investment Income $0

Other Revenue $0

TOTAL REVENUE $252,385

Expense Breakdown

Grants Paid $0

Salaries & Benefits $70,000

Fundraising Expenses $0

Program Expenses $297,131

Other Expenses $250,929

TOTAL EXPENSES $320,929

Year-over-Year Comparison

	2023	2022	Change
Revenue	$252,385	$235,015	+0.1%
Expenses	$320,929	$164,711	+0.9%
Net Income	$-68,544	$70,304	-2.0%

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

N/A

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
Keith Mason	Executive Director	040.00	Officer Director Key Emp Highest	$0	$0	$0
Nichole Mason	Secretary / Treasurer	040.00	Officer Director Key Emp Highest	$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	$252,385	$320,929	$940,679	$-68,544
2023	$235,015	$164,711	$790,510	$70,304
2022	$147,788	$201,212	$690,923	$-53,424
2021	$284,741	$264,476	$716,367	$20,265
2020	$255,360	$234,891	$704,556	$20,469

Transitional Housing & Work Program of Davison County