RICHMONDWAYNE COUNTY HALFWAY HOUSE CORPORATION

EIN: 352130321 501(c)(3) Mental Health

RICHMOND, IN

Total Revenue
$208,403
Total Expenses
$134,921
Total Assets
$870,569
Net Assets
$870,569
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
IN
Principal Officer
KATHY STEPHEN
Phone
7659353000
Tax Period
2023-01-01 to 2023-12-31

RICHMONDWAYNE COUNTY HALFWAY HOUSE CORPORATION, founded in 2001, is a small nonprofit in the Mental Health sector that reported $208K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $73K, a strong 35% operating margin.

Mission

WE CONTINUE TO HOUSE MEN IN OUR AREA WHO ARE CURRENTLY ENROLLED IN OUR CHEMICAL DEPENDENCY PROGRAM, HAVE JUST GRADUATED FROM THE PROGRAM OR ARE HOMELESS. WE MEET A GREAT NEED IN OUR COMMUNITY IN THE CURRENT DRUG EPIDEMIC HITTING THE COUNTRY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $206,305
Program Service Revenue $0
Investment Income $2,098
Other Revenue $0
TOTAL REVENUE $208,403

Expense Breakdown

Grants Paid $0
Salaries & Benefits $76,703
Fundraising Expenses $4,156
Program Expenses $82,059
Other Expenses $58,218
TOTAL EXPENSES $134,921

Year-over-Year Comparison

2023 2022 Change
Revenue $208,403 $434,840 -0.5%
Expenses $134,921 $144,784 -0.1%
Net Income $73,482 $290,056 -0.7%
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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Governance

Voting Members
8
Independent Members
8
Employees
7
Volunteers
75

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
1
$40,571
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GENE WEBB BOARD MEMBER 2.00
Director
$0 $0 $0
DEBBIE CRAIG BOARD SECRETARY 2.00
Director
$0 $0 $0
KATHY STEPHEN BOARD TREASURER 2.00
Director
$0 $0 $0
MARY BRIGHT PRESIDENT 2.00
Director
$0 $0 $0
ZACHARY TOMPKINS BOARD MEMBER 2.00
Director
$0 $0 $0
BARRY MACDOWELL VICE PRESIDENT 2.00
Director
$0 $0 $0
CONNIE STRITTMATTER BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD NEVELS BOARD MEMBER 2.00
Director
$0 $0 $0
WHITNEY MAYS PROGRAM DIRECTOR 40.00
Officer
$40,571 $0 $40,571
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 No data No data No data No data
2023 $208,403 $134,921 $870,569 $73,482
2022 $434,840 $144,784 $797,087 $290,056
2021 $401,043 $114,453 $507,031 $286,590
2020 $145,037 $114,175 $220,441 $30,862
2019 $123,294 $130,843 $189,579 $-7,549
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