Vita Nova (EIN 271354662) - 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

Stacy Radosevich

Phone

2184512192

Tax Period

2023-07-01 to 2024-06-30

Vita Nova, founded in 2009, is a small nonprofit in the Crime & Legal sector that reported $375K in total revenue in fiscal year 2023. The organization ran a surplus of $339K, a strong 90% operating margin.

Mission

Our mission is to provide dignified housing and supportive services to formerly incarcerated individuals. Vita Nova (formerly HFI) owns a triplex in Observation Hill where we provide transitional housing to men with felony backgrounds. Individuals with felony backgrounds struggle to find stable housing, which leads to difficult returning to community, becoming employed, and many other challenges. We also provide Health Realization programming, which supports individuals to reunify with their families, helps them recover from substance use disorders, and provides them with a weekly support group that helps them overcome barriers in their lives.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $365,750

Program Service Revenue $9,122

Investment Income $0

Other Revenue $0

TOTAL REVENUE $374,872

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,196

Fundraising Expenses $1,262

Program Expenses $23,616

Other Expenses $34,471

TOTAL EXPENSES $35,667

Year-over-Year Comparison

	2023	2022	Change
Revenue	$374,872	N/A	N/A
Expenses	$35,667	N/A	N/A
Net Income	$339,205	$0	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

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
Stacy Radosevich	Co-Chair	1	Officer Director	$0	$0	$0
Elise Strader	Co-Chair	1	Officer Director	$0	$0	$0
Richard Howell	Vice Chair	1	Officer Director	$0	$0	$0
Kyra Gustafson	Treasurer	1	Officer Director	$0	$0	$0
Caitlin Vander Wal	Secretary	1	Officer Director	$0	$0	$0
Dennis Palm	Board Member	1.00	Director	$0	$0	$0
Corrine Fader	Board Member	1.00	Director	$0	$0	$0
Matt Whiting	Board Member	1.00	Director	$0	$0	$0
Lynn Nephew	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
2024	$374,872	$35,667	$345,532	$339,205

Vita Nova