BLITHESOME HOME INC (EIN 382509863) - 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

1984

Legal Domicile

Principal Officer

ZAD WHITE

Phone

3136131227

Tax Period

2023-10-01 to 2024-09-30

BLITHESOME HOME INC, founded in 1984, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $386K, a strong 20% operating margin.

Mission

TO PROVIDE A HOMELIKE SETTING FOR THE CARE, WELFARE, SAFETY AND SECURITY OF THE MENTALLY IMPAIRED AND/OR PHYSICALLY DISABLED ADULT

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,881,971

Investment Income $23,521

Other Revenue $0

TOTAL REVENUE $1,905,492

Expense Breakdown

Grants Paid $0

Salaries & Benefits $440,897

Fundraising Expenses $0

Program Expenses $1,366,930

Other Expenses $1,078,152

TOTAL EXPENSES $1,519,049

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,905,492	$2,015,416	-0.1%
Expenses	$1,519,049	$1,486,325	+0.0%
Net Income	$386,443	$529,091	-0.3%

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

$249,400

Total Directors

$249,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ZAD WHITE	PRESIDENT	40.00	Officer Director	$249,400	$0	$249,400
LEETHA ROBERTSON	SECRETARY	10.00	Officer Director	$0	$0	$0
LUCILLE BRIDGES	TREASURER	10.00	Officer Director	$0	$0	$0
GEORGE MUVVAY	BOARD MEMBER	5.00	Director	$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	$1,905,492	$1,519,049	$1,712,624	$386,443
2023	$2,015,416	$1,592,094	$1,124,530	$423,322
2022	$1,938,120	$1,408,085	$700,936	$530,035
2021	$1,541,880	$1,553,955	$292,486	$-12,075
2020	$1,344,371	$1,375,342	$305,352	$-30,971

BLITHESOME HOME INC