LIBERTY CENTER FOR THE HOMELESS INC (EIN 592892527) - 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

1988

Legal Domicile

Principal Officer

MS CATHY HARRIS

Phone

9043530446

Tax Period

2024-01-01 to 2024-12-31

LIBERTY CENTER FOR THE HOMELESS INC, founded in 1988, is a small nonprofit that reported $677K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring.

Mission

REHABILITATING THE HOMELESS IN AND AROUND JACKSONVILLE, FLORIDA.

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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 $675,031

Investment Income $2,343

Other Revenue $0

TOTAL REVENUE $677,374

Expense Breakdown

Grants Paid $0

Salaries & Benefits $358,392

Fundraising Expenses $0

Program Expenses $670,295

Other Expenses $371,277

TOTAL EXPENSES $729,669

Year-over-Year Comparison

	2024	2023	Change
Revenue	$677,374	$944,248	-0.3%
Expenses	$729,669	$676,926	+0.1%
Net Income	$-52,295	$267,322	-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

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

$77,239

Total Directors

$77,239

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MS CATHY HARRIS	PRESIDENT	20.00	Officer Director	$71,750	$5,489	$77,239
MR CHARLIE C CREWS	DIRECTOR	1.00	Director	$0	$0	$0
MR J LARY TIPPING	CHAIRMAN/PRE	1.00	Officer Director	$0	$0	$0
MS VERONICA WALKER	DIRECTOR	1.00	Director	$0	$0	$0
MR TERRY WOOD	DIRECTOR	1.00	Director	$0	$0	$0
MR TONY YOUNAN	DIRECTOR	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	$677,374	$729,669	$1,819,825	$-52,295
2023	$944,248	$676,926	$1,990,355	$267,322
2022	$697,747	$748,641	$1,716,035	$-50,894
2021	$686,568	$676,710	$1,835,118	$9,858
2020	$696,173	$705,856	$1,881,432	$-9,683
2019	$681,800	$560,857	$1,951,983	$120,943
2018	$673,595	$628,467	$2,153,928	$45,128

LIBERTY CENTER FOR THE HOMELESS INC