NORTHEAST MENTAL HEALTH HOUSING INC (EIN 581402208) - 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

1981

Legal Domicile

Principal Officer

LAURIE POWELL

Phone

9015673554

Tax Period

2023-07-01 to 2024-06-30

NORTHEAST MENTAL HEALTH HOUSING INC, founded in 1981, is a small nonprofit that reported $281K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $348K exceeded revenue, resulting in a 24% operating deficit.

Mission

PROVIDE HOUSING FOR MENTALLY ILL PATIENTS

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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 (2023)

Revenue Breakdown

Contributions & Grants $195,951

Program Service Revenue $85,386

Investment Income $6

Other Revenue $0

TOTAL REVENUE $281,343

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,072

Fundraising Expenses $0

Program Expenses $291,072

Other Expenses $286,222

TOTAL EXPENSES $348,294

Year-over-Year Comparison

	2023	2022	Change
Revenue	$281,343	$499,633	-0.4%
Expenses	$348,294	$339,753	+0.0%
Net Income	$-66,951	$159,880	-1.4%

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

N/A

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

$576,496

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC TRENT MCVAY	PRESIDENT	1.00	Officer Director	$0	$0	$0
NINA STAPLES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MURPHYSTEEN COUNTS	SECRETARY	1.00	Officer Director	$0	$0	$0
LAURIE POWELL	EXECUTIVE DIRECTOR	1.00	Officer	$0	$13,798	$255,022
KYLE HATAWAY	CFO-OUTGOING 7/31/23	1.00	Officer	$0	$34,384	$176,608
SHELBY THOMAS	CFO-INCOMING 8/1/23	1.00	Officer	$0	$28,877	$144,866

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	$281,343	$348,294	$693,390	$-66,951
2023	$499,633	$339,753	$738,616	$159,880
2022	$479,117	$306,039	$545,608	$173,078
2021	$259,341	$318,565	$313,941	$-59,224
2020	$242,881	$293,507	$280,805	$-50,626
2019	$233,215	$234,985	$305,440	$-1,770
2018	$220,477	$165,874	$263,178	$54,603

NORTHEAST MENTAL HEALTH HOUSING INC