Blessed Homes (EIN 562625880) - 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

2012

Phone

8166788061

Tax Period

2024-01-01 to 2024-12-31

Blessed Homes, founded in 2012, is a micro nonprofit in the Human Services sector that reported $34K in total revenue in fiscal year 2024. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $151K exceeded revenue, resulting in a 347% operating deficit.

Mission

residential care facility

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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 $0

Program Service Revenue $33,712

Investment Income $0

Other Revenue $0

TOTAL REVENUE $33,712

Expense Breakdown

Grants Paid $0

Salaries & Benefits $49,673

Fundraising Expenses $0

Other Expenses $100,917

TOTAL EXPENSES $150,590

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,712	$341,500	-0.9%
Expenses	$150,590	$393,522	-0.6%
Net Income	$-116,878	$-52,022	+1.2%

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

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
Musudeen Harrell	Executive Board Mbr	10	Officer Director	$0	$0	$0
Jeanette Bush	Board President	0	Officer Director	$0	$0	$0
LaFay Daniels	Director	0	Director	$0	$0	$0
JoAnn Stovall	Director	0	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	$33,712	$150,590	No data	$-116,878
2023	$341,500	$393,522	$155,890	$-52,022
2022	$341,951	$350,557	$201,852	$-8,606
2021	$380,398	$281,867	$207,465	$98,531
2020	$322,319	$261,461	$139,850	$60,858
2019	$251,614	$248,811	$46,746	$2,803
2018	$255,583	$270,159	$46,202	$-14,576

Blessed Homes