SERENITY PLACE INC (EIN 510317506) - 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

1993

Legal Domicile

Principal Officer

ROSS TRADER

Phone

3026748036

Tax Period

2023-07-01 to 2024-06-30

SERENITY PLACE INC, founded in 1993, is a small nonprofit in the Mental Health sector that reported $678K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $201K, a strong 30% operating margin.

Mission

TO PROVIDE HALFWAY HOUSE, COUNSELING AND A SAFE ENVIRONMENT FOR RECOVERING ALCOHOL/DRUG DEPENDENT MEN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,129

Program Service Revenue $673,505

Investment Income $1,000

Other Revenue $1,009

TOTAL REVENUE $677,643

Expense Breakdown

Grants Paid $0

Salaries & Benefits $173,134

Fundraising Expenses $0

Program Expenses $375,966

Other Expenses $303,967

TOTAL EXPENSES $477,101

Year-over-Year Comparison

	2023	2022	Change
Revenue	$677,643	$579,846	+0.2%
Expenses	$477,101	$408,421	+0.2%
Net Income	$200,542	$171,425	+0.2%

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

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
ROSS TRADER	PRESIDENT/DI	1.00	Officer Director	$0	$0	$0
BRUCE TRIBBITT	VICE PRES/DI	1.00	Officer Director	$0	$0	$0
BARRY PIERCE	TREASURER/DI	1.00	Officer Director	$0	$0	$0
JAMES BEIRNES	SECRETARY/DI	2.00	Officer Director	$0	$0	$0
JILL BEIRNES	DIRECTOR	1.00	Director	$0	$0	$0
RICK CULLEY	DIRECTOR	1.00	Officer Director	$0	$0	$0
MARK BABBITT	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$677,643	$477,101	$764,210	$200,542
2023	$579,846	$408,421	$563,324	$171,425
2022	$508,835	$358,727	$419,190	$150,108
2021	$473,819	$399,293	$239,963	$74,526
2020	$505,464	$425,726	$201,859	$79,738
2019	$417,705	$507,030	$121,250	$-89,325

SERENITY PLACE INC