BYRON HOUSE INC (EIN 521901039) - 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

1994

Legal Domicile

Principal Officer

LEILA A FINUCANE

Phone

3014936000

Tax Period

2024-01-01 to 2024-12-31

BYRON HOUSE INC, founded in 1994, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 113% from the prior year, signaling strong growth momentum.

Mission

ASSISTED LIVING RESIDENCE FOR LOW- AND MODERATE-INCOME ELDERLY PERSONS

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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 (2024)

Revenue Breakdown

Contributions & Grants $21,320

Program Service Revenue $2,713,007

Investment Income $12,510

Other Revenue $1,666

TOTAL REVENUE $2,748,503

Expense Breakdown

Grants Paid $200,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,558,086

Other Expenses $2,583,319

TOTAL EXPENSES $2,783,319

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,748,503	$1,291,479	+1.1%
Expenses	$2,783,319	$1,306,349	+1.1%
Net Income	$-34,816	$-14,870	+1.3%

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

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

$1,676,325

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL GILL	DIRECTOR	0.50	Director	$0	$0	$0
DONALD TOMASSO	DIRECTOR	0.50	Director	$0	$0	$0
MAURICE PERRY	DIRECTOR	0.50	Director	$0	$0	$0
LEILA A FINUCANE	PRESIDENT & CEO	1.00	Officer	$0	$54,018	$479,592
JACQUELINE R SMEDLEY	VICE PRESIDENT	1.00	Officer	$0	$43,175	$331,543
SARAH O'RIELLY	SECRETARY	1.00	Officer	$0	$42,254	$269,953
MICHELLE M LIMERES	TREASURER	1.00	Officer	$0	$43,947	$300,873
JEFFREY BLACKWELL	ASST SECRETARY	1.00	Officer	$0	$41,004	$294,364

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	$2,748,503	$2,783,319	$3,407,101	$-34,816
2023	$2,496,730	$2,644,887	$3,291,936	$-148,157
2023	$1,291,479	$1,306,349	$3,441,653	$-14,870
2022	$2,264,270	$2,379,957	$3,514,827	$-115,687
2021	$2,129,117	$2,400,174	$3,640,767	$-271,057
2020	$2,031,555	$2,110,040	$4,168,816	$-78,485
2019	$2,059,976	$1,897,272	$4,064,049	$162,704
2018	$1,865,298	$1,648,941	$3,861,298	$216,357

BYRON HOUSE INC