CARPENTER PLACE INC (EIN 480554337) - 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

1946

Legal Domicile

Principal Officer

MICHAEL BRADY BUNCH

Phone

3169423221

Tax Period

2023-10-01 to 2024-09-30

CARPENTER PLACE INC, founded in 1946, is a small nonprofit that reported $828K in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. Net assets of $4.6M represent 66 months of operating reserves.

Mission

NUTURING DEEPLY HURTING GIRLS TO A RESTORED RELATIONSHIP WITH GOD, FAMILY AND COMMUNITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $581,134

Program Service Revenue $84,187

Investment Income $170,227

Other Revenue $-7,819

TOTAL REVENUE $827,729

Expense Breakdown

Grants Paid $15,242

Salaries & Benefits $466,132

Fundraising Expenses $75,278

Program Expenses $436,725

Other Expenses $351,499

TOTAL EXPENSES $832,873

Year-over-Year Comparison

	2023	2022	Change
Revenue	$827,729	$1,794,706	-0.5%
Expenses	$832,873	$819,947	+0.0%
Net Income	$-5,144	$974,759	-1.0%

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

$98,420

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID JOHNSON	PAST BOARD CHAIR/TREASURER	1.00	Officer Director	$0	$0	$0
SYDNEY ZALDIVAR	BOARD MEMBER	1.00	Director	$0	$0	$0
JULIE SCHERZ	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
CASIE REESE	BOARD MEMBER	1.00	Director	$0	$0	$0
STAN HANCOCK	BOARD CHAIR-ELECT	1.00	Officer Director	$0	$0	$0
CJ GILKEY	BOARD MEMBER	1.00	Director	$0	$0	$0
MICAH LEWIS	BOARD VICE-CHAIR	1.00	Officer Director	$0	$0	$0
MICHAEL JONES	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL BUNCH	CEO	40.00	Officer	$77,424	$20,996	$98,420

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	$827,729	$832,873	$4,562,397	$-5,144
2023	$1,794,706	$819,947	$4,260,330	$974,759
2022	$683,217	$789,860	$3,251,234	$-106,643
2021	$1,145,187	$784,335	$3,540,282	$360,852
2020	$1,074,057	$730,897	$3,164,369	$343,160
2019	$1,447,648	$709,046	$2,741,593	$738,602
2018	$1,101,876	$716,779	$2,005,557	$385,097

CARPENTER PLACE INC