Homeless Veterans Services Of Dallas Inc (EIN 432048618) - 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

1957

Legal Domicile

Principal Officer

KEN WATTERSON

Phone

2148087144

Tax Period

2023-01-01 to 2023-12-31

Homeless Veterans Services Of Dallas Inc, founded in 1957, is a small nonprofit in the Human Services sector that reported $282K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year.

Mission

The goal of our organization is to help alleviate the problem of homelessness among our veterans and their families by assisting with transitional and permanent 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 $221,631

Program Service Revenue $60,000

Investment Income $0

Other Revenue $0

TOTAL REVENUE $281,631

Expense Breakdown

Grants Paid $50,805

Salaries & Benefits $44,896

Fundraising Expenses $0

Program Expenses $242,541

Other Expenses $197,929

TOTAL EXPENSES $293,630

Year-over-Year Comparison

	2023	2022	Change
Revenue	$281,631	$296,769	-0.1%
Expenses	$293,630	$211,914	+0.4%
Net Income	$-11,999	$84,855	-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

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

$18,059

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ken Watterson	President	40.00	Director	$17,000	$0	$17,000
Robert Young	Vice President	20.00	Director	$0	$0	$0
Margo Larson	Treasurer	10.00	Director	$0	$0	$0
Kim Campbell	Secretary	20.00	Director	$1,059	$0	$1,059
Bob Mitchell	Member	20.00	Director	$0	$0	$0
Lt Gen Richard Carey Ret	Member	10.00	Director	$0	$0	$0
Arthunne Kamphaus	Legal Counsel	5.00	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	No data	No data	No data	No data
2023	$281,631	$293,630	$362,816	$-11,999
2023	$281,631	$293,630	$362,816	$-11,999
2022	$296,769	$211,914	$399,169	$84,855
2021	$420,323	$303,794	$172,181	$116,529
2021	$207,145	$233,805	$172,181	$-26,660
2020	$217,523	$189,792	$194,431	$27,731
2019	$141,457	$168,143	$114,007	$-26,686
2018	$202,136	$159,125	$143,947	$43,011
2016	$234,726	$195,534	$98,032	$39,192

Homeless Veterans Services Of Dallas Inc