BRENT HOUSE CORPORATION (EIN 720872457) - 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

1979

Legal Domicile

Principal Officer

PETER C NOVEMBER

Phone

5048424097

Tax Period

2023-01-01 to 2023-12-31

BRENT HOUSE CORPORATION, founded in 1979, is a community nonprofit in the Unknown sector that reported $6.7M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

RENTS HOTEL ROOMS TO PATIENTS OF OCHSNER CLINIC FOUNDATION AND THEIR GUESTS.

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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 $0

Program Service Revenue $6,707,542

Investment Income $0

Other Revenue $27,014

TOTAL REVENUE $6,734,556

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,720,179

Fundraising Expenses $0

Program Expenses $5,209,041

Other Expenses $5,392,078

TOTAL EXPENSES $7,112,257

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,734,556	$7,195,927	-0.1%
Expenses	$7,112,257	$7,232,473	0.0%
Net Income	$-377,701	$-36,546	+9.3%

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

N/A

Employees

N/A

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

$11,716,779

Total Directors

$11,716,779

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL F HULEFELD	DIRECTOR, PRESIDENT	1.00	Officer Director	$0	$483,357	$3,788,709
PETER C NOVEMBER	EXEC DIR, CEO, CHAIR	1.00	Officer Director	$0	$852,128	$5,035,779
SCOTT J POSECAI	DIRECTOR, CFO & TREAS (END: 12/2023)	1.00	Officer Director	$0	$184,304	$1,871,390
SHELLEY S TYNAN	DIRECTOR, SECRETARY	1.00	Officer Director	$0	$72,725	$1,020,901

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	$6,734,556	$7,112,257	$2,366,546	$-377,701
2022	$7,195,927	$7,232,473	$1,829,791	$-36,546
2021	$6,604,973	$6,436,478	$2,140,404	$168,495
2020	$4,974,916	$6,060,379	$2,513,163	$-1,085,463
2019	$6,384,043	$6,199,122	$2,562,349	$184,921
2018	$6,212,874	$6,067,034	$2,881,515	$145,840

BRENT HOUSE CORPORATION