THE RUSSELL HOUSE INC

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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

1978

Legal Domicile

Principal Officer

MICHAEL T ANDERS

Phone

5405634565

Tax Period

2025-01-01 to 2025-12-31

THE RUSSELL HOUSE INC, founded in 1978, is a community nonprofit in the Housing & Shelter sector that reported $1.9M in total revenue in fiscal year 2025. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $644K, a strong 33% operating margin.

Mission

THE ORGANIZATION OPERATES AN APARTMENT PROJECT UNDER SECTION 202 OF THE NATIONAL HOUSEING ACT FOR THE PURPOSE OF PROVIDING HOUSING FOR ELDERLY AND DISABLED PERSONS POSSESSING LIMITED FINANCIAL RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $1,112,659 Revenue: $504,809

THE RUSSELL HOUSE, INC., A VIRGINIA NON-PROFIT CORPORATION WAS ORGANIZED IN 1979 TO CONSTRUCT AND OPERATE A 119 UNIT APARTMENT PROJECT FOR THE ELDERLY IN VIRGINIA BEACH, VA UNDER SECTION 202 OF THE...

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,430,141

Program Service Revenue $504,809

Investment Income $11,293

Other Revenue $-1,195

TOTAL REVENUE $1,945,048

Expense Breakdown

Grants Paid $0

Salaries & Benefits $353,384

Fundraising Expenses $0

Program Expenses $1,112,659

Other Expenses $947,591

TOTAL EXPENSES $1,300,975

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,945,048	$1,439,874	+0.4%
Expenses	$1,300,975	$1,174,540	+0.1%
Net Income	$644,073	$265,334	+1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY BETCHER	DIRECTOR	0.30	Officer Director	$0	$0	$0
MICHAEL T ANDERS	PRESIDENT	0.30	Officer Director	$0	$0	$0
MONIQUE DOUTRE	TREASURER	0.30	Officer Director	$0	$0	$0
BEVERLY BETCHER	SECRETARY	0.30	Officer Director	$0	$0	$0
BONNIE ETHRIDGE	DIRECTOR	0.30	Director	$0	$0	$0
DENISE STOLLE	DIRECTOR	0.30	Director	$0	$0	$0
ANGELA TONEY	DIRECTOR	0.30	Director	$0	$0	$0
MARK TONEY	DIRECTOR	0.30	Director	$0	$0	$0
CHARLIE HURD	DIRECTOR	0.30	Director	$0	$0	$0
ROSANN BARRETT	DIRECTOR	0.30	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
2025	$1,945,048	$1,300,975	$4,608,448	$644,073
2024	$1,439,874	$1,174,540	$3,981,137	$265,334
2023	$1,383,452	$1,224,631	$3,828,882	$158,821
2022	$1,288,584	$1,087,551	$3,776,963	$201,033
2021	$1,267,342	$1,079,685	$3,675,393	$187,657
2020	$1,239,435	$1,173,539	$3,547,923	$65,896
2019	$1,215,401	$1,171,937	$3,707,865	$43,464
2018	$1,207,220	$1,113,923	$3,587,636	$93,297