Heritage House Inc (EIN 300995981) - 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

2017

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

Heritage House Inc, founded in 2017, is a small nonprofit in the Mental Health sector that reported $394K in total revenue in fiscal year 2024. Expenses of $566K exceeded revenue, resulting in a 44% operating deficit.

Mission

They are a residential, addiction recovery, phase completion receiving job training, placement and affordable housing ministry. The organization serves 150 in-house residents annually.

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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 (2024)

Revenue Breakdown

Contributions & Grants $393,781

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $393,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,908

Fundraising Expenses $0

Program Expenses $565,792

Other Expenses $443,884

TOTAL EXPENSES $565,792

Year-over-Year Comparison

	2024	2023	Change
Revenue	$393,781	N/A	N/A
Expenses	$565,792	N/A	N/A
Net Income	$-172,011	N/A	N/A

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

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
Jonathan Price	Director	0.00	Officer	$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	$393,781	$565,792	$5,749	$-172,011
2023	$416,512	$645,748	$8,076	$-229,236
2022	$442,292	$689,833	$10,603	$-247,541
2021	$475,961	$579,682	$21,910	$-103,721
2020	$426,167	$928,773	$30,440	$-502,606
2019	$608,024	$655,443	$10,942	$-47,419

Heritage House Inc