BEACON HOUSING CORPORATION

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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

1991

Legal Domicile

Principal Officer

RITA BAKER

Phone

6417924012

Tax Period

2023-07-01 to 2024-06-30

BEACON HOUSING CORPORATION, founded in 1991, is a small nonprofit that reported $110K in total revenue in fiscal year 2023. Expenses of $126K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE VARIOUS LEVELS OF ASSISTED CARE, FROM VERY STRUCTURED GROUP ROOMS TO INDIVIDUAL APARTMENTS FOR CHRONICALLY MENTALLY ILL INDIVIDUALS.

Program Service Accomplishments

Program 1

Expenses: $126,300 Revenue: $109,785

PROVIDE HOUSING TO CHRONICALLY MENTALLY ILL INDIVIDUALS.

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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 $109,785

Investment Income $383

Other Revenue $0

TOTAL REVENUE $110,168

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $126,300

Other Expenses $126,300

TOTAL EXPENSES $126,300

Year-over-Year Comparison

	2023	2022	Change
Revenue	$110,168	$103,152	+0.1%
Expenses	$126,300	$123,823	+0.0%
Net Income	$-16,132	$-20,671	-0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RITA BAKER	PRESIDENT	N/A	Officer Director	$0	$0	$0
NICKI SHORES	MEMBER	N/A	Director	$0	$0	$0
LONNIE PORTNER	MEMBER	N/A	Director	$0	$0	$0
DESIREE CAMERON	MEMBER	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
2025	No data	No data	No data	No data
2024	$110,168	$126,300	$604,086	$-16,132
2022	$85,634	$116,527	$604,342	$-30,893
2021	$82,445	$87,735	$655,331	$-5,290
2020	$79,077	$99,584	$659,078	$-20,507
2019	$93,704	$100,324	$670,201	$-6,620