BETHEL AREA HOUSING SOUTH C/O EMBRACE LIVING COMMUNITIES (EIN 363973915) - 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

1990

Legal Domicile

Principal Officer

RALPH GAINES

Phone

6305218021

Tax Period

2024-01-01 to 2024-12-31

BETHEL AREA HOUSING SOUTH C/O EMBRACE LIVING COMMUNITIES, founded in 1990, is a small nonprofit in the Housing & Shelter sector that reported $593K in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE ACTIVELY AGING ADULTS AFFORDABLE WELCOMING HOMES IN COMMUNITIES THAT EMBRACE LIVING.

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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 $499,288

Investment Income $110

Other Revenue $93,909

TOTAL REVENUE $593,307

Expense Breakdown

Grants Paid $0

Salaries & Benefits $192,043

Fundraising Expenses $0

Program Expenses $549,421

Other Expenses $396,871

TOTAL EXPENSES $588,914

Year-over-Year Comparison

	2024	2023	Change
Revenue	$593,307	$422,688	+0.4%
Expenses	$588,914	$648,310	-0.1%
Net Income	$4,393	$-225,622	-1.0%

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

$659,214

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HANCE L PIERSON	CHAIRMAN	0.20	Director	$0	$0	$0
DAVID SCHINDLER	DIRECTOR	0.20	Director	$0	$0	$0
FULVIO HAYES	DIRECTOR	0.20	Director	$0	$0	$0
MARY E GUEVEL	DIRECTOR	0.20	Director	$0	$0	$0
PATRICIA ARMSTRONG	DIRECTOR	0.20	Director	$0	$0	$0
SHIRLEE M MENDON	DIRECTOR	0.20	Director	$0	$0	$0
RALPH GAINES	PRESIDENT & CEO	0.20	Officer	$0	$50,615	$422,211
ANNE M OLIVA	EXECUTIVE VP & CFO	0.00	Officer	$0	$22,837	$237,003
ALINA SERBAN	CHIEF OF STAFF	0.00	Highest	$0	$38,357	$139,821
DAWN ZENKNER	CONTROLLER	0.00	Highest	$0	$38,818	$151,239
ED HAVLOVIC	DIRECTOR OF PLANT OPERATION	0.00	Highest	$0	$27,750	$134,566
GARY ADAMS	DIRECTOR OF OPERATION	0.00	Highest	$0	$29,254	$145,325
JENNIFER TRUPPA	DIRECTOR OF SOCIAL SERVICE	0.00	Highest	$0	$40,480	$160,134

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	$593,307	$588,914	$895,451	$4,393
2023	$422,688	$648,310	$932,239	$-225,622
2022	$515,320	$532,085	$1,146,599	$-16,765
2021	$431,005	$509,238	$1,152,876	$-78,233
2020	$406,432	$469,476	$1,221,726	$-63,044

BETHEL AREA HOUSING SOUTH C/O EMBRACE LIVING COMMUNITIES