SHALOM HOUSE MINISTRIES INC (EIN 582314658) - 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

1997

Legal Domicile

Principal Officer

Stacey Carroll

Phone

8643389875

Tax Period

2023-01-01 to 2023-12-31

SHALOM HOUSE MINISTRIES INC, founded in 1997, is a small nonprofit in the Mental Health sector that reported $451K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $431K left a modest 4% surplus.

Mission

Shalom House Ministries Inc operates a treatment center for women struggling with drug and alcohol addition. It also offers transitional dwelling for women who need a safe place after treatment.

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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 $381,618

Program Service Revenue $72,639

Investment Income $0

Other Revenue $-3,101

TOTAL REVENUE $451,156

Expense Breakdown

Grants Paid $0

Salaries & Benefits $276,376

Fundraising Expenses $502

Program Expenses $354,337

Other Expenses $154,898

TOTAL EXPENSES $431,274

Year-over-Year Comparison

	2023	2022	Change
Revenue	$451,156	$364,591	+0.2%
Expenses	$431,274	$475,320	-0.1%
Net Income	$19,882	$-110,729	-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

$52,530

Total Directors

$52,530

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stacey Carroll	Executive Director/President	40	Officer Director	$51,000	$1,530	$52,530
Jennifer Wilson	Board Member	0.15	Director	$0	$0	$0
Melinda Chambers	Board Chairperson	0.15	Officer Director	$0	$0	$0
Kevin Hoyle	Treasurer	0.15	Officer Director	$0	$0	$0
Patricia Walker	Secretary	0.15	Officer 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	No data	No data	No data	No data
2023	$451,156	$431,274	$294,866	$19,882
2022	$563,259	$684,846	$244,733	$-121,587
2022	$563,259	$684,846	$244,733	$-121,587
2021	$623,390	$545,366	$381,836	$78,024

SHALOM HOUSE MINISTRIES INC