TREE HOUSE BOOKS (EIN 593802913) - 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

2005

Legal Domicile

Principal Officer

MICHAEL BRIX

Phone

2152361760

Tax Period

2023-01-01 to 2023-12-31

TREE HOUSE BOOKS, founded in 2005, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $411K, a strong 34% operating margin.

Mission

AT TREE HOUSE BOOKS, OUR VISION IS THAT EVERY CHILD IN PHILADELPHIA HAS ACCESS TO BOOKS, AND EVERY OPPORTUNITY TO PURSUE THEIR DREAMS. WE ARE ON A MISSION TO GROW AND SUSTAIN A COMMUNITY OF READERS, WRITERS, AND THINKERS. SINCE 2005, TREE HOUSE BOOKS HAS PROVIDED OUT OF SCHOOL TIME (OST) PROGRAMS THAT SPARK A LIFELONG LOVE OF READING AND WRITING IN CHILDREN FROM THEIR EARLIEST MOMENTS, THROUGH HIGH SCHOOL AND BEYOND. OUR SPACE IS A WARM, SAFE HAVEN FOR CHILDREN TO EXPLORE THEIR INTERESTS. WE SUPPORT THE CRUCIAL ROLE FAMILIES PLAY IN CREATING A LITERACY-RICH ENVIRONMENT, AND ACTIVELY WORK TO PROMOTE FAMILIES READING TOGETHER AT HOME. EVERYTHING WE DO IS MADE POSSIBLE THROUGH THE INVESTMENT AND SUPPORT OF THE COMMUNITY.

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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 $1,143,449

Program Service Revenue $0

Investment Income $0

Other Revenue $56,112

TOTAL REVENUE $1,199,561

Expense Breakdown

Grants Paid $0

Salaries & Benefits $416,079

Fundraising Expenses $72,374

Program Expenses $528,062

Other Expenses $372,973

TOTAL EXPENSES $789,052

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,199,561	$956,207	+0.3%
Expenses	$789,052	$741,482	+0.1%
Net Income	$410,509	$214,725	+0.9%

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

$76,598

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL BRIX	EXECUTIVE DI	40.00	Officer	$76,598	$0	$76,598
LAURICE SMITH	CHAIR	1.00	Officer Director	$0	$0	$0
ALIYA JOHNSON-ROBERTS	VICE-CHAIR	1.00	Officer Director	$0	$0	$0
NICOLE DEJACKMO VALENTINO	SECRETARY	1.00	Officer Director	$0	$0	$0
KRISTINE ALVEREZ	CHAIR-FINANC	1.00	Officer Director	$0	$0	$0
KELLY BAILY	DIRECTOR	1.00	Director	$0	$0	$0
KIMBERLY CLOTMAN COLEMAN	DIRECTOR	1.00	Director	$0	$0	$0
CORY DULANEY	CHAIR-PROGRA	1.00	Director	$0	$0	$0
DEWAIN JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
SARA JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
CAROLITA JOSEPH	DIRECTOR	1.00	Director	$0	$0	$0
GRACE MANNING	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	No data	No data	No data	No data
2023	$1,199,561	$789,052	$1,253,794	$410,509
2022	$956,207	$741,482	$842,259	$214,725
2021	$1,074,363	$645,763	$728,415	$428,600
2021	$1,059,363	$645,763	$713,415	$413,600
2020	$454,551	$391,719	$331,023	$62,832
2019	$347,936	$314,009	$110,386	$33,927

TREE HOUSE BOOKS