Group Homes for Children Inc (EIN 351265621) - 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

1970

Legal Domicile

Principal Officer

Jessica Smith

Phone

7654477410

Tax Period

2024-01-01 to 2024-12-31

Group Homes for Children Inc, founded in 1970, is a small nonprofit in the Human Services sector that reported $409K in total revenue in fiscal year 2024. Expenses of $505K exceeded revenue, resulting in a 23% operating deficit.

Mission

To provide temporary care for children who are victims of abuse and/or neglect. Toprovide long-term residential care and treatment for children in ahome-like setting. To strengthen the childs family by working towardfamily reunification.

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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 $44,152

Program Service Revenue $354,037

Investment Income $10,978

Other Revenue $0

TOTAL REVENUE $409,167

Expense Breakdown

Grants Paid $0

Salaries & Benefits $370,113

Fundraising Expenses $3,518

Program Expenses $307,223

Other Expenses $135,080

TOTAL EXPENSES $505,193

Year-over-Year Comparison

	2024	2023	Change
Revenue	$409,167	N/A	N/A
Expenses	$505,193	N/A	N/A
Net Income	$-96,026	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

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
Dan Fischer	Vice President	1.00	Director	$0	$0	$0
Sara Chosnek	President	1.00	Director	$0	$0	$0
Shelley Woloshuck	Secretary	1.00	Director	$0	$0	$0
Susie Eros	Treasurer	1.00	Director	$0	$0	$0
Grant Fischer	Director	1.00	Director	$0	$0	$0
Heather Hubbard	Director	1.00	Director	$0	$0	$0
Mike Kamp	Director	1.00	Director	$0	$0	$0
Janell Smith	Director	1.00	Director	$0	$0	$0
Natasha Corbett	Director	1.00	Director	$0	$0	$0
Jessica Smith	Executive Director	45.00	Officer Key Emp	$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	$409,167	$505,193	$451,036	$-96,026
2023	$604,637	$456,930	$544,273	$147,707
2022	$483,441	$421,974	$396,745	$61,467
2020	$268,867	$332,904	$147,196	$-64,037
2019	$275,231	$356,994	$200,131	$-81,763
2018	$243,515	$357,151	$273,451	$-113,636

Group Homes for Children Inc