Prospect House Foundation Inc (EIN 311388960) - 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

1992

Legal Domicile

Principal Officer

Carla Patrick

Phone

5139211613

Tax Period

2024-07-01 to 2025-06-30

Prospect House Foundation Inc, founded in 1992, is a small nonprofit that reported $124K in total revenue in fiscal year 2024. The organization ran a surplus of $77K, a strong 62% operating margin.

Mission

Prospect foundation is a supporting organization of prospect house. The prospect foundation is organized and operated for the benefit of prospect house. Prospect house is a section 501 (c) public organization that was formed to provide a recovery facility for chemically dependent men.

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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 $0

Program Service Revenue $0

Investment Income $124,361

Other Revenue $0

TOTAL REVENUE $124,361

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $43,286

Other Expenses $47,072

TOTAL EXPENSES $47,072

Year-over-Year Comparison

	2024	2023	Change
Revenue	$124,361	$116,632	+0.1%
Expenses	$47,072	$43,230	+0.1%
Net Income	$77,289	$73,402	+0.1%

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

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

$166,952

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Richard Curry	Secretary/Treasurer	1.00	Officer Director	$0	$0	$0
Rob Sauerland	President	1.00	Officer Director	$0	$0	$0
Brian Chapman	Vice President	1.00	Officer Director	$0	$0	$0
Carla Patrick	Director of Finance	1.00	Officer	$0	$0	$97,166
Bill Farmer	Executive Director	1.00	Officer	$0	$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	$124,361	$47,072	$1,068,878	$77,289
2024	$116,632	$43,230	$945,218	$73,402
2023	$82,820	$45,468	$827,684	$37,352
2022	$-31,172	$51,437	$748,999	$-82,609
2021	$142,874	$50,994	$857,576	$91,880
2020	$41,780	$50,020	$734,814	$-8,240
2019	$23,346	$57,671	$707,935	$-34,325

Prospect House Foundation Inc