THE HOUSE OF THE CARPENTER INC (EIN 550751892) - 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

1970

Legal Domicile

Phone

3042334640

Tax Period

2024-01-01 to 2024-12-31

THE HOUSE OF THE CARPENTER INC, founded in 1970, is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $947K left a modest 13% surplus.

Mission

TO PROVIDE FOOD, CLOTHING, AND SPIRITUAL SUPPORT TO THOSE IN NEED IN WHEELING AND THE SURRONDING AREA.

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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 $872,662

Program Service Revenue $97,138

Investment Income $120,016

Other Revenue $0

TOTAL REVENUE $1,089,816

Expense Breakdown

Grants Paid $0

Salaries & Benefits $376,146

Fundraising Expenses $15,176

Program Expenses $818,622

Other Expenses $570,706

TOTAL EXPENSES $946,852

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,089,816	$919,103	+0.2%
Expenses	$946,852	$862,551	+0.1%
Net Income	$142,964	$56,552	+1.5%

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

100

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

$24,992

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL LINGER	Executive Dir.	45.00	Officer	$24,992	$0	$24,992
Jonathan Bedway	Director	1.00	Director	$0	$0	$0
Lisa Werner	Director	1.00	Director	$0	$0	$0
Scott Winter	Director	1.00	Director	$0	$0	$0
Robert Wiseman	Director	1.00	Director	$0	$0	$0
Bill Wendell	Director	1.00	Director	$0	$0	$0
Sean McCartney	Director	1.00	Director	$0	$0	$0
Tyron TC Spencer	Director	1.00	Director	$0	$0	$0
Beth Whitehouse	Director	1.00	Director	$0	$0	$0
Christine Machel	Director	1.00	Director	$0	$0	$0
Barbara Cover	Director	1.00	Director	$0	$0	$0
Steve Durrah	Director	1.00	Director	$0	$0	$0
Janet Roset	Director	1.00	Director	$0	$0	$0
Jessica Daugherty	Director	1.00	Director	$0	$0	$0
Ryan Jewell	Director	1.00	Director	$0	$0	$0
Andrea Trio	Director	1.00	Director	$0	$0	$0
Jenna Moon	Director	1.00	Director	$0	$0	$0
George Blum	Director	1.00	Director	$0	$0	$0
David Ellwood	Director	1.00	Director	$0	$0	$0
Peggy Laing	Director	1.00	Director	$0	$0	$0
Erica Harley	Director	1.00	Director	$0	$0	$0
Michelle Poole	Director	1.00	Director	$0	$0	$0
Rachael Haney	Director	1.00	Director	$0	$0	$0
Matt Drahos	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	$1,089,816	$946,852	$7,846,546	$142,964
2023	$919,103	$862,551	$7,579,771	$56,552
2022	$1,001,112	$864,175	$7,244,659	$136,937
2021	$1,117,273	$890,721	$8,103,808	$226,552
2020	$1,611,480	$628,270	$7,930,217	$983,210
2019	$1,720,449	$568,617	$6,601,954	$1,151,832
2018	$718,967	$550,900	$5,220,050	$168,067

THE HOUSE OF THE CARPENTER INC