Prospect House Inc

EIN: 310789292 501(c)(3) Mental Health

Cincinnati, OH

Total Revenue
$1,337,690
Total Expenses
$1,657,694
Total Assets
$2,551,810
Net Assets
$2,206,237
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
OH
Principal Officer
Carla Patrick
Phone
5139211613
Tax Period
2024-07-01 to 2025-06-30

Prospect House Inc, founded in 1970, is a community nonprofit in the Mental Health sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.7M exceeded revenue, resulting in a 24% operating deficit.

Mission

Alcohol and Drug Rehabilitation

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $486,764
Program Service Revenue $764,588
Investment Income $32,674
Other Revenue $53,664
TOTAL REVENUE $1,337,690

Expense Breakdown

Grants Paid $0
Salaries & Benefits $951,074
Fundraising Expenses $33,960
Program Expenses $1,130,071
Other Expenses $672,660
TOTAL EXPENSES $1,657,694

Year-over-Year Comparison

2024 2023 Change
Revenue $1,337,690 $1,330,684 +0.0%
Expenses $1,657,694 $1,647,525 +0.0%
Net Income $-320,004 $-316,841 +0.0%
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

Sign In

Governance

Voting Members
16
Independent Members
16
Employees
31
Volunteers
25

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
6
$166,952
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Earls President 4.00
Officer Director
$0 $0 $0
Sheila Lynch Trustee - Exit 4.00
Director
$0 $0 $0
Craig Kurz Trustee 4.00
Director
$0 $0 $0
Bob Byrne Trustee 4.00
Director
$0 $0 $0
Dr Michael Gureasko Trustee 4.00
Director
$0 $0 $0
Daniel Payne Trustee 4.00
Director
$0 $0 $0
Dr Reginald Gibson Trustee 4.00
Director
$0 $0 $0
Mardie Hay Vice President 4.00
Officer Director
$0 $0 $0
Rob Bowman Trustee 4.00
Director
$0 $0 $0
Dennis Carroll Trustee 4.00
Director
$0 $0 $0
Mary Cumings Secretary 4.00
Officer Director
$0 $0 $0
Jim D'wolf Trustee - Exit 10/2024 4.00
Director
$0 $0 $0
Mark Fallon Trustee 4.00
Director
$0 $0 $0
Trevor Van Wagenen Treasurer 4.00
Officer Director
$0 $0 $0
Tom Croft Trustee 4.00
Director
$0 $0 $0
Scott Harvey Trustee 4.00
Director
$0 $0 $0
Carla Patrick Director of Finance 40.00
Officer
$97,166 $0 $97,166
Bill Farmer Executive Director 40.00
Officer
$69,786 $0 $69,786
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 $1,337,690 $1,657,694 $2,551,810 $-320,004
2024 $1,330,684 $1,647,525 $3,123,207 $-316,841
2023 $1,537,791 $1,508,939 $3,426,613 $28,852
2022 $1,625,930 $1,538,743 $3,371,672 $87,187
2021 $1,479,378 $1,534,415 $3,498,734 $-55,037
2020 $1,610,311 $1,537,349 $3,524,499 $72,962
2019 $1,646,421 $1,312,293 $3,302,588 $334,128
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Prospect House Inc with other nonprofits in Ohio and across the country.