Succor Transitional Program Inc

EIN: 462097061 501(c)(3)

Baltimore, MD

Total Revenue
$332,024
Total Expenses
$300,851
Total Assets
$117,409
Net Assets
$116,792
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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

Phone
4437223116
Tax Period
2024-01-01 to 2024-12-31

Succor Transitional Program Inc is a small nonprofit that reported $332K in total revenue in fiscal year 2024. Revenue surged 44% from the prior year, signaling strong growth momentum. Expenses of $301K left a modest 9% surplus.

Mission

Provides transitional housing for males overcoming substance use.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $92,752
Program Service Revenue $239,272
Investment Income $0
Other Revenue $0
TOTAL REVENUE $332,024

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $407
Program Expenses $215,741
Other Expenses $300,851
TOTAL EXPENSES $300,851

Year-over-Year Comparison

2024 2023 Change
Revenue $332,024 $229,829 +0.4%
Expenses $300,851 $244,643 +0.2%
Net Income $31,173 $-14,814 -3.1%
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

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William Cromwell Vice President 5.00
Director
$0 $0 $0
Novena Noakes Secretary 5.00
Director
$0 $0 $0
Ahmein K Watson President 10.00
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 $332,024 $300,851 $117,409 $31,173
2023 $229,829 $244,643 $94,943 $-14,814
2022 $262,815 $193,308 $109,013 $69,507
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