CARTER HOUSE (EIN 473752500) - 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

2015

Legal Domicile

Principal Officer

ELENA DAY

Phone

3305591312

Tax Period

2024-07-01 to 2025-06-30

CARTER HOUSE, founded in 2015, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $205K, a strong 19% operating margin.

Mission

TO PROVIDE RECOVERING ADDICTS WITH RESOURCES, TRAINING, SUPPORT AND TEMPORARY HOUSING AS THEY TRANSITION INTO INDEPENDENT AND SOBER LIVING. WE SEEK TO EMPOWER CLIENTS TO ACHIEVE INDEPENDENCE, FINANCIAL STABILITY, AND INTEGRATE SUCCESSFULLY INTO THE COMMUNITY

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,069,204

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,069,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $430,196

Fundraising Expenses $0

Program Expenses $864,130

Other Expenses $433,934

TOTAL EXPENSES $864,130

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,069,204	$880,935	+0.2%
Expenses	$864,130	$927,609	-0.1%
Net Income	$205,074	$-46,674	-5.4%

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

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

$112,600

Total Directors

$53,360

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORMAN CARTER	CEO	40.00	Officer	$97,500	$0	$97,500
SARAH HARDEN	MEMBER	20.00	Director	$36,800	$0	$36,800
MERRIAM FIELDS	MEMBER	10.00	Director	$16,560	$0	$16,560
ELENA DAY	EXECUTIVE DI	10.00	Officer	$15,100	$0	$15,100
GUY BURNEY	MEMBER	1.00	Director	$0	$0	$0
JOE KILGORE	MEMBER	1.00	Director	$0	$0	$0
DEMAINE KITCHEN	MEMBER	1.00	Director	$0	$0	$0
TED MCCLAIN	MEMBER	1.00	Director	$0	$0	$0
RONALD MITCHELL	CHAIR	1.00	Director	$0	$0	$0
NIKKI POSTERLI	MEMBER	1.00	Director	$0	$0	$0
DEVON STANLEY	MEMBER	1.00	Director	$0	$0	$0
RUTH ANN PARKER	TREASURER	1.00	Officer	$0	$0	$0
TIFFANY WILLIAMS	SECRETARY	1.00	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
2025	$1,069,204	$864,130	$400,744	$205,074
2024	$880,935	$927,609	$195,070	$-46,674
2023	$899,330	$699,471	$241,101	$199,859
2022	$678,657	$652,585	$41,785	$26,072
2021	$520,161	$700,217	$57,013	$-180,056
2020	$549,178	$483,826	$237,069	$65,352
2019	$296,945	$291,428	$5,517	$5,517
2019	$298,486	$174,330	$105,935	$124,156

CARTER HOUSE