HOUSE OF JOY INC (EIN 383654386) - 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

2002

Legal Domicile

Principal Officer

Carol Ellis

Phone

9192918321

Tax Period

2025-01-01 to 2025-12-31

HOUSE OF JOY INC, founded in 2002, is a small nonprofit in the Human Services sector that reported $109K in total revenue in fiscal year 2025. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $509K represent 56 months of operating reserves.

Mission

The mission of House of Joy is to be a storehouse of provision that generates restoration in the individual, family, and community. We seek to affect these areas by implementing creative programs that will serve and invest in people, thus building up the community in which they live.

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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 (2025)

Revenue Breakdown

Contributions & Grants $109,025

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $109,025

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $106,579

Other Expenses $106,579

TOTAL EXPENSES $106,579

Year-over-Year Comparison

	2025	2024	Change
Revenue	$109,025	$138,547	-0.2%
Expenses	$106,579	$170,954	-0.4%
Net Income	$2,446	$-32,407	-1.1%

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

175

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
Carol Ellis	President	35.00	Officer Director	$0	$0	$0
Carrie Greenwood	Board Member	2.00	Officer	$0	$0	$0
Catherine Jeffries	Secretary/Treasurer	8.00	Officer	$0	$0	$0
Billy Gooch	Board Member	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	$109,025	$106,579	$513,104	$2,446
2024	$138,547	$170,954	$509,578	$-32,407
2023	$108,832	$98,508	$540,838	$10,324
2022	$113,394	$137,603	$530,048	$-24,209
2021	$91,123	$81,752	$554,024	$9,371
2020	$75,697	$78,179	$544,918	$-2,482

HOUSE OF JOY INC