THANKSGIVING HOMES (EIN 721544954) - 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

2002

Legal Domicile

Principal Officer

GARY ALLSUP

Phone

3618893300

Tax Period

2022-10-01 to 2023-09-30

THANKSGIVING HOMES, founded in 2002, is a small nonprofit in the Housing & Shelter sector that reported $362K in total revenue in fiscal year 2022. Revenue surged 21% from the prior year, signaling strong growth momentum.

Mission

REFINANCING, OR PROVIDING PUBLIC FACILITIES

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $340,529

Investment Income $21,594

Other Revenue $0

TOTAL REVENUE $362,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,856

Fundraising Expenses $0

Program Expenses $141,472

Other Expenses $382,450

TOTAL EXPENSES $391,306

Year-over-Year Comparison

	2022	2021	Change
Revenue	$362,123	$300,286	+0.2%
Expenses	$391,306	$383,706	+0.0%
Net Income	$-29,183	$-83,420	-0.7%

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

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

$488,123

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHY MEHNE	CHAIRPERSON	0.00	Director	$0	$0	$0
RICHARD BALLI	RESIDENT COMMISSIONER	0.00	Director	$0	$0	$0
CURTIS CLARK	CHAIRPERSON	0.00	Director	$0	$0	$0
DR BRIAN TIETJE	BOARD MEMBER	0.00	Director	$0	$0	$0
HILDA DALSONSO	BOARD MEMBER	0.00	Director	$0	$0	$0
GARY ALLSUP	PRESIDENT/CEO	1.00	Officer	$0	$0	$488,123

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	$362,123	$391,306	$2,481,118	$-29,183
2022	$300,286	$383,706	$3,132,753	$-83,420
2021	$158,935	$113,263	$2,364,336	$45,672
2020	$101,190	$71,082	$2,352,854	$30,108
2019	$21,022	$161,892	$1,302,557	$-140,870
2018	No data	$85,698	$1,343,656	No data

THANKSGIVING HOMES