BLUE HORIZON HOME INC

EIN: 510139532 501(c)(3)

ALPENA, MI

Total Revenue
$571,120
Total Expenses
$625,665
Total Assets
$285,346
Net Assets
$225,738
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MI
Principal Officer
TOLAN JANET
Phone
9893562161
Tax Period
2023-01-01 to 2023-12-31

BLUE HORIZON HOME INC, founded in 1973, is a small nonprofit that reported $571K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

PROVIDE A GROUP HOME FOR DEVELOPMENTALLY DISABLED RESIDENTS. DESIGNED TO FOCUS ON PROVIDING ASSISTANCE WITH DAILY LIVING ACTIVITIES.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,564
Program Service Revenue $525,162
Investment Income $39,394
Other Revenue $0
TOTAL REVENUE $571,120

Expense Breakdown

Grants Paid $0
Salaries & Benefits $490,750
Fundraising Expenses $0
Program Expenses $603,550
Other Expenses $134,915
TOTAL EXPENSES $625,665

Year-over-Year Comparison

2023 2022 Change
Revenue $571,120 $610,210 -0.1%
Expenses $625,665 $615,938 +0.0%
Net Income $-54,545 $-5,728 +8.5%
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

Sign In

Governance

Voting Members
7
Independent Members
7
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
0
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAKIN ALISHA BOARD MEMBER N/A
Director
$0 $0 $0
LAKIN BOB BOARD MEMBER N/A
Director
$0 $0 $0
ANDERSON CAROLYN BOARD MEMBER N/A
Director
$0 $0 $0
TOLAN JANET PRESIDENT N/A
Director
$0 $0 $0
ROBSON KATHLEEN SEC/TREAS N/A
Director
$0 $0 $0
WHITSCELL LORELL BOARD MEMBER N/A
Director
$0 $0 $0
SMART-SHEPPLER RENEE BOARD MEMBER N/A
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
2023 $571,120 $625,665 $285,346 $-54,545
2022 $610,210 $615,938 $360,247 $-5,728
2021 $604,119 $594,199 $615,789 $9,920
2020 $522,731 $561,273 $438,989 $-38,542
2019 $536,190 $502,679 $410,701 $33,511
2018 $526,590 $507,371 $428,564 $19,219
Explore More Nonprofits
Top 100 Nonprofits in Michigan Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BLUE HORIZON HOME INC with other nonprofits in Michigan and across the country.