VERA HOUSE INC

EIN: 510201530 501(c)(3)

SYRACUSE, NY

Total Revenue
$3,424,903
Total Expenses
$5,195,872
Total Assets
$1,821,794
Net Assets
$-2,376,002
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
NY
Principal Officer
MARISSA SAUNDERS
Phone
3154250818
Tax Period
2024-01-01 to 2024-12-31

VERA HOUSE INC, founded in 1976, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2024. Revenue surged 165% from the prior year, signaling strong growth momentum. Expenses of $5.2M exceeded revenue, resulting in a 52% operating deficit.

Mission

VERA HOUSE, INC. PREVENTS, RESPONDS TO AND PARTNERS TO END DOMESTIC AND SEXUAL VIOLENCE AND OTHER FORMS OF ABUSE.

Program Service Accomplishments

Program 1
Expenses: $5,087,699 Revenue: $116,436

EMERGENCY SHELTER-SHELTER PROVIDING MEALS, CLOTHING, AND PERSONAL ITEMS FOR 262 MEN, WOMEN AND CHILDREN.

Program 2

COUNSELING PROGRAM-FACE TO FACE COUNSELING FOR CHILDREN, ADOLESCENTS AND ADULTS WHO HAVE BEEN IMPACTED BY DOMESTIC VIOLENCE AND SEXUAL ABUSE, 590 ADULTS AND 494 CHILDREN WERE SERVED IN 2021.

Program 3

EDUCATION AND COMMUNITY AWARENESS PROGRAM- SCHOOL-BASED, COMMUNITY AND PROFESSIONAL EDUCATION PROGRAMS OFFERED ON A VARIETY OF TOPICS, INCLUDING SEXUAL ABUSE PREVENTION, DOMESTIC VIOLENCE AWARENESS...

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EDUCATION AND COMMUNITY AWARENESS PROGRAM- SCHOOL-BASED, COMMUNITY AND PROFESSIONAL EDUCATION PROGRAMS OFFERED ON A VARIETY OF TOPICS, INCLUDING SEXUAL ABUSE PREVENTION, DOMESTIC VIOLENCE AWARENESS, HEALTHY RELATIONSHIPS, DATING VIOLENCE AND ELDER ABUSE. 18,421 INDIVIDUALS WERE REACHED IN 2021.

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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 $3,308,467
Program Service Revenue $17,148
Investment Income $0
Other Revenue $99,288
TOTAL REVENUE $3,424,903

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,950,544
Fundraising Expenses $0
Program Expenses $5,087,699
Other Expenses $1,245,328
TOTAL EXPENSES $5,195,872

Year-over-Year Comparison

2024 2023 Change
Revenue $3,424,903 $1,294,850 +1.6%
Expenses $5,195,872 $1,636,644 +2.2%
Net Income $-1,770,969 $-341,794 +4.2%
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
7
Independent Members
7
Employees
405
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
6
$442,522
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAWN PENSON PRESIDENT 1.00
Officer Director
$0 $0 $0
KAMESHA GRAVES VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
KRISTEN BILELLO DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW MALINOWSKI DIRECTOR 1.00
Director
$0 $0 $0
NELISHA BARRON DIRECTOR 1.00
Director
$0 $0 $0
RICKEY BROWN DIRECTOR 1.00
Director
$0 $0 $0
SANDRA RUSSELL SECRETARY 1.00
Officer Director
$0 $0 $0
DAQUETTA P JONES CHIEF EXECUTIVE OFFICER 40.00
Officer
$162,868 $11,095 $173,963
TRICIA MATTHEWS CHIEF OPERATIONS OFFICER 40.00
Officer
$130,000 $0 $130,000
DANA ZANDERS CHIEF FINANCIAL OFFICER 40.00
Officer
$122,125 $16,434 $138,559
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 $3,424,903 $5,195,872 $1,821,794 $-1,770,969
2023 $1,294,850 $1,636,644 $4,250,071 $-341,794
2022 $5,829,343 $6,216,599 $3,767,498 $-387,256
2022 $6,144,063 $6,028,655 $4,104,805 $115,408
2021 $5,656,133 $5,783,859 $3,835,969 $-127,726
2020 $5,311,307 $5,113,221 $4,000,028 $198,086
2019 $4,757,967 $4,808,391 $3,590,971 $-50,424
2018 $4,258,989 $4,141,383 $3,633,174 $117,606
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