CHARLES HOUSE ASSOCIATION (EIN 581582881) - 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

1995

Legal Domicile

Principal Officer

DEAN FOX

Phone

9199677570

Tax Period

2024-01-01 to 2024-12-31

CHARLES HOUSE ASSOCIATION, founded in 1995, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 6% surplus.

Mission

ADULT ELDERCARE HOMES AND DAYCARE PROVIDER. CHARLES HOUSE ASSOCIATION IS A NON PROFIT ORGANIZATION THAT PROVIDES CERTIFIED DAYCARE AND ELDERCARE HOMES IN A PLEASANT, HOME-LIKE SETTING FOR OLDER ADULTS OR ADULTS WITH DISABILITIES AS A VIABLE ALTERNATIVE TO INSTITUTIONAL CARE.

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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 $173,724

Program Service Revenue $1,204,348

Investment Income $278,902

Other Revenue $0

TOTAL REVENUE $1,656,974

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,174,637

Fundraising Expenses $87,220

Program Expenses $1,188,373

Other Expenses $380,440

TOTAL EXPENSES $1,555,077

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,656,974	$1,353,042	+0.2%
Expenses	$1,555,077	$1,499,016	+0.0%
Net Income	$101,897	$-145,974	-1.7%

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

$196,556

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL LEHMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ROBERT SMITH	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
PAMELA NIELSEN	SECRETARY	1.00	Officer Director	$0	$0	$0
BENJAMIN BUCKNER	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT SPRANSY	DIRECTOR	0.40	Director	$0	$0	$0
PEGGY COHN	DIRECTOR	0.40	Director	$0	$0	$0
ELLEN CULLER	DIRECTOR	0.40	Director	$0	$0	$0
JULIE LINDSEY	DIRECTOR	0.40	Director	$0	$0	$0
LUKE RIGGSBEE	DIRECTOR	0.40	Director	$0	$0	$0
JAMILAH SABIR-CALLOWAY	DIRECTOR	0.40	Director	$0	$0	$0
BETH TILLMAN	DIRECTOR	0.40	Director	$0	$0	$0
TAMARA BAKER	DIRECTOR	0.40	Director	$0	$0	$0
JEFF BLOOMFIELD	DIRECTOR	0.40	Director	$0	$0	$0
PAUL KLEVER	OUTGOING EXECUTIVE DIRECTOR	40.00	Officer	$78,064	$2,342	$80,406
DEAN FOX	INCOMING EXECUTIVE DIRECTOR	40.00	Officer	$107,283	$8,867	$116,150

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	$1,656,974	$1,555,077	$2,903,100	$101,897
2023	$1,353,042	$1,499,016	$2,723,003	$-145,974
2022	$1,681,901	$1,490,785	$2,776,285	$191,116
2021	$1,972,465	$1,415,075	$2,713,199	$557,390
2020	$1,278,220	$1,531,727	$2,317,321	$-253,507

CHARLES HOUSE ASSOCIATION