BLANCHE & MADGE RESIDENCE HOME INC C/O NEW HORIZON PROPERTY MGMT INC

EIN: 391306470 501(c)(3)

MILWAUKEE, WI

Total Revenue
$173,632
Total Expenses
$176,799
Total Assets
$773,175
Net Assets
$-110,763
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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
1977
Legal Domicile
WI
Principal Officer
REVEREND BENNIE L CLEVELAND
Phone
2622409406
Tax Period
2021-01-01 to 2021-12-31

BLANCHE & MADGE RESIDENCE HOME INC C/O NEW HORIZON PROPERTY MGMT INC, founded in 1977, is a small nonprofit that reported $174K in total revenue in fiscal year 2021.

Mission

TO PROVIDE HOUSING FOR PERSONS WITH DISABILITIES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $173,452
Investment Income $180
Other Revenue $0
TOTAL REVENUE $173,632

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $130,352
Other Expenses $176,799
TOTAL EXPENSES $176,799

Year-over-Year Comparison

2021 2020 Change
Revenue $173,632 $173,282 +0.0%
Expenses $176,799 $166,229 +0.1%
Net Income $-3,167 $7,053 -1.4%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELMA CLEVELAND VICE PRESIDE N/A
Officer Director
$0 $0 $0
REVEREND BENNIE L CLEVELAND PRESIDENT N/A
Officer Director
$0 $0 $0
MELODY D ELLISON TREASURER/SE N/A
Officer Director
$0 $0 $0
STEVEN ELLISON DIRECTOR N/A
Director
$0 $0 $0
TRILA PITCHFORD DIRECTOR N/A
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
2021 $173,632 $176,799 $773,175 $-3,167
2020 $173,282 $166,229 $797,523 $7,053
2019 $172,160 $171,708 $816,199 $452
2018 $182,854 $175,666 $833,055 $7,188
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