THE BRITISH HOME LIFE SERVICES COR… - Form 990 Financial Data

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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

2011

Legal Domicile

Principal Officer

JOHN LARSON

Phone

7084855757

Tax Period

2023-10-01 to 2024-09-30

THE BRITISH HOME LIFE SERVICES CORPORATION, founded in 2011, is a micro nonprofit in the Human Services sector that reported $6K in total revenue in fiscal year 2023. Revenue fell 86% from the prior year — a significant decline worth monitoring. Expenses of $119K exceeded revenue, resulting in a 1988% operating deficit.

Mission

THE MISSION OF THE BRITISH HOME LIFE SERVICES CORPORATION IS TOEXCLUSIVELY SUPPORT AND BENEFIT SOME OR ALL OF THE PURPOSES OF THEBRITISH HOME FOR RETIRED MEN AND WOMEN AND ANY OTHER CORPORATIONS ORENTITIES WITHIN THE BRITISH HOME'S CORPORATE SYSTEM THAT ARE EXEMPT FROM TAXATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE SERVICE CODE.

Program Service Accomplishments

Program 1

Revenue: $5,679

PROVIDING FOR STRATEGIC PLANNING, DEVELOPMENT, IMPLEMENTATION, AND SUPPORT OF THE FACILITIES, PROGRAMS, AND SERVICES OF THE PUBLICLYPROVIDING FOR STRATEGIC PLANNING, DEVELOPEMENT, IMPLEMENTATION...

PROVIDING FOR STRATEGIC PLANNING, DEVELOPMENT, IMPLEMENTATION, AND SUPPORT OF THE FACILITIES, PROGRAMS, AND SERVICES OF THE PUBLICLYPROVIDING FOR STRATEGIC PLANNING, DEVELOPEMENT, IMPLEMENTATION, ANDSUPPPORTED ORGANIZATIONS, INCLUDING THE FUTURE ACTIVITIES AND PROGRAMSOF THESE ORGAINZATIONS.

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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 $5,679

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,679

Expense Breakdown

Grants Paid $0

Salaries & Benefits $113,887

Fundraising Expenses $0

Other Expenses $4,694

TOTAL EXPENSES $118,581

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,679	$41,425	-0.9%
Expenses	$118,581	$129,320	-0.1%
Net Income	$-112,902	$-87,895	+0.3%

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

$439,786

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN GARRISON	PRESIDENT	2.00	Officer Director	$0	$0	$0
PAULS MCALLISTER	TREASURER	2.00	Officer Director	$0	$0	$0
MIKE MILLER	SECRETARY	2.00	Officer Director	$0	$0	$0
ANDY JAWORSKI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN LARSON	CEO	8.00	Officer	$0	$50,336	$253,630
KEVIN HERATY	CDO	12.00	Officer	$0	$50,080	$186,156

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	$5,679	$118,581	$428,016	$-112,902
2023	$41,425	$129,320	$537,805	$-87,895
2022	$90,360	$150,646	$616,706	$-60,286
2021	$95,126	$153,213	$522,730	$-58,087
2020	$80,271	$164,732	$523,369	$-84,461
2019	$43,236	$226,340	$439,368	$-183,104
2018	$33,280	$253,094	$345,672	$-219,814

THE BRITISH HOME LIFE SERVICES CORPORATION