The House of Promise (EIN 455272090) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Legal Domicile

Principal Officer

Shari Montgomery

Phone

5174821821

Tax Period

2024-01-01 to 2024-12-31

The House of Promise, founded in 2012, is a community nonprofit in the Human Services sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 218% from the prior year, signaling strong growth momentum. The organization ran a surplus of $841K, a strong 57% operating margin.

Mission

Provide a safe haven for girls who have been victims of trafficking or sexual abuse.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,425,272

Program Service Revenue $0

Investment Income $163

Other Revenue $51,412

TOTAL REVENUE $1,476,847

Expense Breakdown

Grants Paid $0

Salaries & Benefits $387,246

Fundraising Expenses $59,232

Program Expenses $509,690

Other Expenses $248,721

TOTAL EXPENSES $635,967

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,476,847	$464,965	+2.2%
Expenses	$635,967	$535,456	+0.2%
Net Income	$840,880	$-70,491	-12.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$64,392

Total Directors

$64,392

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shari Montgomery	Executive Director	40.00	Officer Director	$64,392	$0	$64,392
Lauren Thompson	Director	1.00	Director	$0	$0	$0
Al Norris	President	3.00	Officer Director	$0	$0	$0
Julie Mann	Director	1.00	Director	$0	$0	$0
Dawn Perry	Secretary	1.00	Officer Director	$0	$0	$0
Bonnie Szostkowski	Treasurer	2.00	Officer Director	$0	$0	$0
Lt Colonel Chris Kelenske	Director	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
2025	No data	No data	No data	No data
2024	$1,476,847	$635,967	$1,503,015	$840,880
2023	$464,965	$535,456	$571,674	$-70,491
2022	$584,039	$479,014	$657,083	$105,025
2021	$482,905	$444,845	$580,582	$38,060
2020	$447,741	$474,149	$577,198	$-26,408
2019	$502,918	$583,125	$631,258	$-80,207
2018	$372,170	$430,058	$649,416	$-57,888

The House of Promise