BEDS PLUS INC (EIN 363741040) - 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

1989

Legal Domicile

Principal Officer

TINA ROUNDS

Phone

7083540858

Tax Period

2024-07-01 to 2025-06-30

BEDS PLUS INC, founded in 1989, is a mid-sized nonprofit in the Unknown sector that reported $14.3M in total revenue in fiscal year 2024. Revenue surged 76% from the prior year, signaling strong growth momentum. Expenses of $12.9M left a modest 9% surplus.

Mission

TO HELP VULNERABLE INDIVIDUALS STABILIZE THEIR LIVES THROUGH HOUSING AND SUPPORTIVE SERVICES. AS DESCRIBED EARLIER, BEDS PROVIDES HOMELESSNESS PREVENTION AND STABILIZATION, EMERGENCY, AND REHOUSING SERVICES. IT ANNUALLY REACHES MORE THAN 2850 INDIVIDUALS, 84 PERCENT OF WHOM REGAIN HOUSING.

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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 $14,131,646

Program Service Revenue $0

Investment Income $59,522

Other Revenue $66,906

TOTAL REVENUE $14,258,074

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,088,074

Fundraising Expenses $339,873

Program Expenses $11,662,841

Other Expenses $8,829,329

TOTAL EXPENSES $12,917,403

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,258,074	$8,086,224	+0.8%
Expenses	$12,917,403	$7,989,204	+0.6%
Net Income	$1,340,671	$97,020	+12.8%

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

344

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

$150,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAUDIA BAIER	DIRECTOR	2.00	Director	$0	$0	$0
DAVID MCCARTY	DIRECTOR	2.00	Director	$0	$0	$0
LIZ REYES	DIRECTOR	2.00	Director	$0	$0	$0
ESTHER RODRIGUEZ	DIRECTOR	2.00	Director	$0	$0	$0
JOE RUSSO	DIRECTOR	2.00	Director	$0	$0	$0
DAVID SCHWARTZ	DIRECTOR	2.00	Director	$0	$0	$0
PASTOR KARL SOKOL	DIRECTOR	2.00	Director	$0	$0	$0
DONNIE STOKES	DIRECTOR	2.00	Director	$0	$0	$0
TINA ROUNDS	CEO, BEDS PLUS	2.00	Director	$150,000	$0	$150,000
MARK HARRIS	PRESIDENT	2.00	Officer	$0	$0	$0
DAWN MCMILLIN	VICE PRESIDENT	2.00	Officer	$0	$0	$0
MARK RUDZINSKI	SECRETARY	2.00	Officer	$0	$0	$0
SHARON FERRIN	TREASURER	2.00	Officer	$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
2025	$14,258,074	$12,917,403	$12,685,452	$1,340,671
2024	$8,086,224	$7,989,204	$8,021,182	$97,020
2023	$6,985,146	$4,772,266	$7,444,055	$2,212,880
2022	$5,113,317	$4,684,328	$5,236,874	$428,989
2021	$4,416,547	$3,883,788	$4,624,255	$532,759
2020	$1,866,128	$1,434,581	$3,499,908	$431,547
2019	$1,236,958	$1,020,614	$2,969,569	$216,344
2018	$2,085,956	$1,331,555	$2,839,851	$754,401

BEDS PLUS INC