HENDRICKS HOUSE FOUNDATION INC

🔒

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

JAMES HAMMERSTEDT

Phone

8567942443

Tax Period

2021-01-01 to 2021-12-31

Mission

HENDRICKS HOUSE FOUNDATION, INC. (THE "FOUNDATION") WAS ORGANIZED AND OPERATES FOR THE EXCLUSIVE BENEFIT OF HENDRICKS HOUSE, INC. THE FOUNDATION HOLDS TITLE TO THE FACILITIES FROM WHICH HENDRICKS HOUSE, INC. OPERATES. IN ADDITION, THE FOUNDATION OWNS INVESTMENTS FOR THE EXCLUSIVE BENEFIT OF HENDRICKS HOUSE, INC. THE FOUNDATION IS A TYPE I SUPPORTING ORGANIZATION AS DEFINED UNDER REGS. SEC. 1.509(A)-4. THE FOUNDATION OWNS SECURITIES AVAILABLE TO SUPPORT ACTIVITIES OF HENDRICKS HOUSE, INC. THE STRUCTURING OF THIS RELATIONSHIP PROTECTS THE ASSETS AVAILABLE TO HENDRICKS HOUSE, INC, FROM EXPOSURE TO POTENTIAL LIABILITY THAT COULD ROUTINELY ARISE FROM THE OPERATION OF SUBSTANCE ABUSE REHABILITATION CENTERS. THIS ASSET PROTECTION STRUCTURE PROVIDES SIGNIFICANT AND EXCLUSIVE SUPPORT TO HENDRICKS HOUSE, INC.

Program Service Accomplishments

Program 1

Expenses: $138,849

TO SUPPORT THE CHARITABLE ACTIVITIES OF HENDRICKS HOUSE, INC.

🔒

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 (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $138,849

Other Expenses $146,155

TOTAL EXPENSES $146,155

Year-over-Year Comparison

	2021	2020	Change
Revenue	N/A	$415,265	-1.0%
Expenses	$146,155	$205,272	-0.3%
Net Income	N/A	$209,993	N/A

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

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
PETER GALETTO JR	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID CATALANA	PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMES HAMMERSTEDT	TREASURER	1.00	Officer Director	$0	$0	$0
STEVEN FABIETTI	SECRETARY	1.00	Officer 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
2021	No data	$146,155	$6,930,214	No data
2020	$415,265	$205,272	$4,931,635	$209,993
2019	$581,845	$99,863	$4,743,951	$481,982
2018	$226,639	$100,885	$4,282,593	$125,754