TITUS HOUSE INC (EIN 421562635) - 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

2003

Legal Domicile

Principal Officer

MATTHEW W GOOD

Phone

8144533333

Tax Period

2023-10-01 to 2024-09-30

TITUS HOUSE INC, founded in 2003, is a micro nonprofit in the Housing & Shelter sector that reported $88K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE AND MAINTAIN AFFORDABLE INDEPENDENT RENTAL HOUSING FOR ADULTS EXPERIENCING CHRONIC MENTAL ILLNESS.

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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 $61,187

Program Service Revenue $22,983

Investment Income $3,166

Other Revenue $164

TOTAL REVENUE $87,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $71,564

Other Expenses $85,402

TOTAL EXPENSES $85,402

Year-over-Year Comparison

	2023	2022	Change
Revenue	$87,500	$76,460	+0.1%
Expenses	$85,402	$83,863	+0.0%
Net Income	$2,098	$-7,403	-1.3%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELISSA GRUCZA	CHAIR	1.00	Officer Director	$0	$0	$0
JOE BLOOMSTINE	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CINDY STONE	TREASURER	1.00	Officer Director	$0	$0	$0
SISTER MARIANNE STUCKERT	SECRETARY	1.00	Officer Director	$0	$0	$0
ALMITRA CLERKIN	MEMBER THROUGH APR 2024	1.00	Director	$0	$0	$0
MICHELLE HARKINS	MEMBER	1.00	Director	$0	$0	$0
MICHAEL JARUSZEWICZ	MEMBER	1.00	Director	$0	$0	$0
JANE KIRK	MEMBER THROUGH NOV 2023	1.00	Director	$0	$0	$0
DOUG MASSEY	MEMBER FROM APR 2024	1.00	Director	$0	$0	$0
SHARON RICHARDSON	MEMBER	1.00	Director	$0	$0	$0
CECELIA SHATEM	MEMBER FROM MAR 2024	1.00	Director	$0	$0	$0
RICK SHERBONDY	MEMBER FROM MAY 2024	1.00	Director	$0	$0	$0
WILLIAM STEGER	MEMBER THROUGH DEC 2023	1.00	Director	$0	$0	$0
JOHN VANTASSEL	MEMBER	1.00	Director	$0	$0	$0
JOHN VILLA	MEMBER	1.00	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	$87,500	$85,402	$558,555	$2,098
2023	$76,460	$83,863	$555,063	$-7,403
2022	$77,022	$82,185	$563,964	$-5,163
2021	$72,672	$76,800	$566,653	$-4,128
2020	$69,222	$77,937	$576,402	$-8,715
2019	$74,022	$69,374	$579,944	$4,648
2018	$67,083	$72,576	$575,478	$-5,493

TITUS HOUSE INC