PROVIDENCE HOME (EIN 570618585) - 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

1963

Legal Domicile

Principal Officer

ROB SETTLE

Phone

8037797927

Tax Period

2024-01-01 to 2024-12-31

PROVIDENCE HOME, founded in 1963, is a small nonprofit that reported $914K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 15% operating deficit.

Mission

HOMELESS SHELTER

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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 $509,965

Program Service Revenue $149,927

Investment Income $36,277

Other Revenue $218,248

TOTAL REVENUE $914,417

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $226,006

Program Expenses $715,751

Other Expenses $1,055,447

TOTAL EXPENSES $1,055,447

Year-over-Year Comparison

	2024	2023	Change
Revenue	$914,417	$648,922	+0.4%
Expenses	$1,055,447	$763,117	+0.4%
Net Income	$-141,030	$-114,195	+0.2%

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

$87,700

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT SETTLE	EXECUTIVE DIRECTOR	40.00	Key Emp	$87,700	$0	$87,700
WILLIAM BRUMBACH	CHAIRMAN	1.00	Officer Director	$0	$0	$0
HAL STEVENSON	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
JON PUCCI	TREASURER	1.00	Officer Director	$0	$0	$0
BETH ATWATER	SECRETARY	1.00	Officer Director	$0	$0	$0
HENRY CLAY	BOARD MEMBER	1.00	Director	$0	$0	$0
BRIAN HUGG	BOARD MEMBER	1.00	Director	$0	$0	$0
LEANNE JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
RICK CHRISTMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CLETE CORDERO	BOARD MEMBER	1.00	Director	$0	$0	$0
HENRY ROLLINS	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE MILLINGTON	BOARD MEMBER	1.00	Director	$0	$0	$0
JUDY ETHEREDGE	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL PARKS	BOARD MEMBER	1.00	Director	$0	$0	$0
SAMAD GREEN	BOARD MEMBER	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
2024	$914,417	$1,055,447	$3,989,875	$-141,030
2023	$648,922	$763,117	$4,139,997	$-114,195
2022	$1,464,807	$721,054	$4,193,630	$743,753
2021	$743,812	$630,073	$3,616,202	$113,739
2020	$456,489	$531,995	$3,403,827	$-75,506
2019	$1,326,772	$424,289	$3,665,674	$902,483
2018	$444,331	$404,660	$2,239,827	$39,671

PROVIDENCE HOME