Brothers Keeper Inc

EIN: 311204711 501(c)(3) Housing & Shelter

Gary, IN

Total Revenue
$249,691
Total Expenses
$234,894
Total Assets
$194,792
Net Assets
$191,972
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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
1986
Legal Domicile
IN
Principal Officer
Richard Reese
Phone
2198824459
Tax Period
2024-01-01 to 2024-12-31

Brothers Keeper Inc, founded in 1986, is a small nonprofit in the Housing & Shelter sector that reported $250K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $235K left a modest 6% surplus.

Mission

It is a homeless shelter for men. It Provides for the basic needs as well as maitenance and a complete support service base to assist indigent

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $146,000
Program Service Revenue $103,530
Investment Income $161
Other Revenue $0
TOTAL REVENUE $249,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $112,816
Fundraising Expenses $2
Program Expenses $146,250
Other Expenses $122,078
TOTAL EXPENSES $234,894

Year-over-Year Comparison

2024 2023 Change
Revenue $249,691 $211,725 +0.2%
Expenses $234,894 $204,677 +0.1%
Net Income $14,797 $7,048 +1.1%
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

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Governance

Voting Members
13
Independent Members
13
Employees
3
Volunteers
9

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
0
$0
Total Directors
14
$0
Key Employees
2
$82,344
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eugene Rhenwricks Treasurer 0.00
Director
$0 $0 $0
Ronald Matlock Board Member 0.00
Director
$0 $0 $0
Ganell Richardson Recording Secretary 0.00
Director
$0 $0 $0
Vernon Smith Board Member 0.00
Director
$0 $0 $0
Emanual Smith 1st Vice President 0.00
Director
$0 $0 $0
Natalie Ammons 2nd Vice President 0.00
Director
$0 $0 $0
Glenn Ross Board Member 0.00
Director
$0 $0 $0
Pastor Michael Dotson Founder Related 0.00
Director
$0 $0 $0
W Isaac Mootye Facility Manager 40.00
Key Emp
$48,508 $0 $48,508
Richard Reese Financial Manager 20.00
Key Emp
$33,836 $0 $33,836
Gregory Wilkerson Board Member 0.00
Director
$0 $0 $0
Rev Octavious Wilson Board Member 0.00
Director
$0 $0 $0
VALERIE D MYRICKS Board Member 0.00
Director
$0 $0 $0
SMITH IDA Board Member 0.00
Director
$0 $0 $0
A J Brown Board Member 0.00
Director
$0 $0 $0
Jeffery Releford Board Member 0.00
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 $249,691 $234,894 $194,792 $14,797
2023 $211,725 $204,677 $180,320 $7,048
2022 $202,715 $211,003 $171,873 $-8,288
2021 $237,639 $227,854 $179,653 $9,785
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