GARRETT HOUSE INC (EIN 263549217) - 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

PETER J WALSH

Phone

3022742652

Tax Period

2025-01-01 to 2025-12-31

GARRETT HOUSE INC, founded in 2008, is a small nonprofit in the Education sector that reported $316K in total revenue in fiscal year 2025. Revenue surged 71% from the prior year, signaling strong growth momentum. Expenses of $296K left a modest 6% surplus.

Mission

CONSTRUCTION AND SUBSEQUENT OPERATION OF A THREE STORY BUILDING UNDER HUD SECTION 811 SUPPORTING MULTIFAMILY HOUSING PROGRAM FOR THE DEVELOPMENTALLY AND THE PHYSICALLY DISABLED.

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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 (2025)

Revenue Breakdown

Contributions & Grants $277,444

Program Service Revenue $38,682

Investment Income $9

Other Revenue $35

TOTAL REVENUE $316,170

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $208,797

Other Expenses $296,157

TOTAL EXPENSES $296,157

Year-over-Year Comparison

	2025	2024	Change
Revenue	$316,170	$185,320	+0.7%
Expenses	$296,157	$237,811	+0.2%
Net Income	$20,013	$-52,491	-1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER J WALSH	PRESIDENT	1.00	Officer Director	$0	$0	$0
MERTON B BRIGGS	TREASURER	1.00	Officer Director	$0	$0	$0
BAYARD MARIN	BOARD MEMBER	1.00	Director	$0	$0	$0
ARTE MAYS	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK VANDERHAAR	BOARD MEMBER	1.00	Director	$0	$0	$0
NEDDA BARTH	BOARD MEMBER	1.00	Director	$0	$0	$0
DARLENE L SAMPLE	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBBIN BLACK	BOARD MEMBER	1.00	Director	$0	$0	$0
TU'JUANNA PIERCE	BOARD MEMBER	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	$316,170	$296,157	$1,857,313	$20,013
2024	$185,320	$237,811	$1,846,160	$-52,491
2023	$187,264	$240,433	$1,871,652	$-53,169
2022	$154,573	$229,092	$1,909,049	$-74,519
2021	$150,514	$204,013	$1,976,642	$-53,499
2020	$142,405	$168,307	$2,035,555	$-25,902
2019	$186,954	$228,978	$2,055,789	$-42,024
2018	$83,930	$169,169	$2,126,190	$-85,239

GARRETT HOUSE INC