BETHEL HOUSING INC (EIN 621452436) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

CARLA FORNEY

Phone

4234537026

Tax Period

2024-10-01 to 2025-09-30

BETHEL HOUSING INC, founded in 1991, is a small nonprofit that reported $494K in total revenue in fiscal year 2024.

Mission

PROVIDES HOUSING TO LOW INCOME ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT UNDER AGREEMENT WITH THE DEPARTMENT OF HUD.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $260,796

Program Service Revenue $226,847

Investment Income $3,060

Other Revenue $3,565

TOTAL REVENUE $494,268

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $444,327

Other Expenses $490,916

TOTAL EXPENSES $490,916

Year-over-Year Comparison

	2024	2023	Change
Revenue	$494,268	$480,525	+0.0%
Expenses	$490,916	$480,112	+0.0%
Net Income	$3,352	$413	+7.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLA FORNEY	PRESIDENT	0.10	Officer Director	$0	$0	$0
CHARLES RYANS	VICE PRESIDENT	0.10	Officer Director	$0	$0	$0
DAWN SMITH	SECRETARY	0.10	Officer Director	$0	$0	$0
WILMA JENKINS	ASSISTANT SECRETARY	0.10	Officer Director	$0	$0	$0
MELVIN CONLEY	DIRECTOR	0.10	Director	$0	$0	$0
DAVID F SELLS	DIRECTOR	0.10	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
2025	$494,268	$490,916	$298,402	$3,352
2024	$480,525	$480,112	$291,910	$413
2023	$450,438	$516,517	$285,998	$-66,079
2022	$430,599	$482,125	$355,266	$-51,526
2021	$418,072	$442,414	$406,550	$-24,342
2020	$409,516	$437,873	$416,098	$-28,357
2019	$378,727	$460,410	$440,444	$-81,683
2018	$373,624	$455,810	$531,978	$-82,186

BETHEL HOUSING INC