HARTWOOD GROUP HOMES INC (EIN 521324875) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1982

Legal Domicile

Principal Officer

SEAN MCGINNIS

Phone

7032730939

Tax Period

2024-01-01 to 2024-12-31

HARTWOOD GROUP HOMES INC, founded in 1982, is a small nonprofit that reported $197K in total revenue in fiscal year 2018. Expenses of $177K left a modest 10% surplus.

Mission

PROVIDE HOUSING FOR INDIVIDUALS WITH DISABILITIES.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $206,252

Program Service Revenue $66,816

Investment Income $339

Other Revenue $0

TOTAL REVENUE $273,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $261,766

Other Expenses $290,788

TOTAL EXPENSES $290,788

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,407	$268,570	+0.0%
Expenses	$290,788	$210,453	+0.4%
Net Income	$-17,381	$58,117	-1.3%

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

N/A

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

$177,259

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTIAN BROWN	PRESIDENT	1.00	Officer Director	$0	$0	$0
KEVIN MCCARTHY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOHN BURGESS	TREASURER (ENDED 06/24)	1.00	Officer Director	$0	$0	$0
KATHY LOMBARD	SECRETARY	1.00	Officer Director	$0	$0	$0
JOCELYN FOLSOM	DIRECTOR	1.00	Director	$0	$0	$0
ELLIOTT DUBIN	DIRECTOR	1.00	Director	$0	$0	$0
SEAN MCGINNIS	EXECUTIVE DIRECTOR	7.00	Officer	$0	$6,662	$177,259
JIANMING XU	DIRECTOR OF ACCOUNTING AND	7.00	Highest	$0	$773	$160,641
ERIC FREEMAN	DIR. OF RESIDENTIAL SERVIC	11.00	Highest	$0	$448	$100,945
NATASHA LANTZ	DIRECTOR OF COMPLIANCE & C	9.00	Highest	$0	$7,568	$129,201

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	$273,407	$290,788	$598,970	$-17,381
2023	$268,570	$210,453	$662,248	$58,117
2022	$256,373	$190,983	$675,768	$65,390
2021	$243,790	$171,085	$629,688	$72,705
2020	$227,590	$173,880	$577,577	$53,710
2019	$180,637	$166,683	$559,130	$13,954
2018	$196,728	$176,669	$579,226	$20,059

HARTWOOD GROUP HOMES INC