ASSISI HOUSE (EIN 431506569) - 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

1989

Legal Domicile

Principal Officer

Bill Krenn

Phone

3145748946

Tax Period

2023-01-01 to 2023-12-31

ASSISI HOUSE, founded in 1989, is a small nonprofit in the Mental Health sector that reported $286K in total revenue in fiscal year 2023. Expenses of $326K exceeded revenue, resulting in a 14% operating deficit.

Mission

DEVELOPMENT OF TEMPORARY SHELTER AND PERMANENT HOUSING FOR INDIVIDUALS WITHOUT HOUSING.

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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 $281,740

Program Service Revenue $0

Investment Income $4,368

Other Revenue $0

TOTAL REVENUE $286,108

Expense Breakdown

Grants Paid $0

Salaries & Benefits $183,264

Fundraising Expenses $8,000

Program Expenses $68,141

Other Expenses $134,584

TOTAL EXPENSES $325,848

Year-over-Year Comparison

	2023	2022	Change
Revenue	$286,108	$282,353	+0.0%
Expenses	$325,848	$210,155	+0.6%
Net Income	$-39,740	$72,198	-1.6%

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

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
Megan Armentrout-Steward	Executive Director	45	Highest	$68,997	$0	$68,997
Bill Krenn	Treasurer	8.00	Officer	$0	$0	$0
Deborah Sheperis	Secretary	8	Officer	$0	$0	$0
Kevin Donohue	Vice President, Asst. Treasurer	8	Officer	$0	$0	$0
Lisa Cagle	President	8	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
2024	No data	No data	No data	No data
2023	$286,108	$325,848	$379,707	$-39,740
2022	$282,353	$210,155	$410,734	$72,198
2021	$223,576	$203,481	$339,630	$20,095
2020	$413,529	$293,698	$317,442	$119,831

ASSISI HOUSE