SPECK HOMES INC (EIN 730929357) - 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

1972

Legal Domicile

Principal Officer

MIKE MCPHERSON

Phone

4052397101

Tax Period

2022-07-01 to 2023-06-30

SPECK HOMES INC, founded in 1972, is a community nonprofit that reported $3.8M in total revenue in fiscal year 2022.

Mission

SPECK HOMES, INC. PROVIDES GROUP RESIDENTIAL HOME REHABILITATION SERVICES TO TEENAGE MALES UNDER CONTRACTS WITH THE OKLAHOMA DEPARTMENT OF HUMAN SERVICES AND THE OKLAHOMA OFFICE FOR JUVENILE AFFAIRS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,763,237

Investment Income $6,089

Other Revenue $60,607

TOTAL REVENUE $3,829,933

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,783,983

Fundraising Expenses $0

Program Expenses $3,681,973

Other Expenses $1,253,296

TOTAL EXPENSES $4,037,279

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,829,933	$3,870,527	0.0%
Expenses	$4,037,279	$3,633,800	+0.1%
Net Income	$-207,346	$236,727	-1.9%

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

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

$96,000

Total Directors

$96,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE MCPHERSON	EXECUTIVE DI	40.00	Officer Director	$96,000	$0	$96,000
RICHARD MCPHERSON	PRESIDENT	0.50	Director	$0	$0	$0
DAVID MILLER	VICE PRESIDE	0.50	Director	$0	$0	$0
REGGIE SMITH	TREASURER	0.50	Director	$0	$0	$0
DOUG TAPP	SECRETARY	0.50	Director	$0	$0	$0
KEITH KROUSER	EXECUTIVE DI	40.00	Officer	$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
2023	$3,829,933	$4,037,279	$2,135,386	$-207,346
2022	$3,870,527	$3,633,800	$1,893,298	$236,727
2021	$3,986,679	$3,287,215	$1,586,940	$699,464
2020	$4,127,842	$3,571,967	$1,422,430	$555,875

SPECK HOMES INC