Stoddard Baptist Home

EIN: 530204634 501(c)(3) Unknown

Washington, DC

Total Revenue
$13,231,753
Total Expenses
$15,412,848
Total Assets
$8,390,449
Net Assets
$-248,314
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
DC
Phone
2023287400
Tax Period
2023-01-01 to 2023-12-31

Stoddard Baptist Home, founded in 1994, is a mid-sized nonprofit in the Unknown sector that reported $13.2M in total revenue in fiscal year 2023. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $15.4M exceeded revenue, resulting in a 16% operating deficit.

Mission

To provide quality housing and care for the elderly and their families by responding to their, spiritual, physical, emotional, and social needs.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $13,231,753
Investment Income $0
Other Revenue $0
TOTAL REVENUE $13,231,753

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,645,272
Fundraising Expenses $0
Program Expenses $9,377,331
Other Expenses $7,767,576
TOTAL EXPENSES $15,412,848

Year-over-Year Comparison

2023 2022 Change
Revenue $13,231,753 $17,529,804 -0.2%
Expenses $15,412,848 $15,747,587 0.0%
Net Income $-2,181,095 $1,782,217 -2.2%
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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Governance

Voting Members
4
Independent Members
4
Employees
132
Volunteers
58

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
$756,911
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mr Steven A Nash President & CEO 28.00
Officer
$196,689 $4,800 $385,865
Mr Mahesh Tyagi CFO 34.00
Officer
$195,955 $3,600 $371,046
Fidelis Kanayo Ajudua Nurse 40.00
$136,667 $0 $136,667
Sussan Nonyelem Onwuvuariri Nurse 40.00
$114,057 $0 $114,057
Grace Oche Nurse 40.00
$111,460 $0 $111,460
Roza Gebrie Nurse 40.00
$109,068 $0 $109,068
Yeshi Andemariam Nurse 40.00
$101,321 $0 $101,321
Barbara Shaw Vice Chairman 1.00
Officer Director
$0 $0 $0
Bobby Mills Treasurer 1.00
Officer Director
$0 $0 $0
Robert L Davis Chairman 1.00
Officer Director
$0 $0 $0
James E Terrell Secretary 1.00
Officer 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
2024 No data No data No data No data
2023 $13,231,753 $15,412,848 $8,390,449 $-2,181,095
2022 $17,529,804 $15,747,587 $9,684,868 $1,782,217
2021 $16,392,235 $17,670,395 $9,543,224 $-1,278,160
2020 $18,658,651 $18,464,167 $10,222,010 $194,484
2019 $17,919,437 $16,641,476 $8,650,072 $1,277,961
2018 $18,381,259 $18,129,584 $7,497,388 $251,675
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