SOULS HARBOR INC

EIN: 751190109 501(c)(3) Housing & Shelter

DALLAS, TX

Total Revenue
$980,434
Total Expenses
$887,814
Total Assets
$1,396,205
Net Assets
$1,328,275
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
TX
Principal Officer
BRENT BURMASTER
Phone
9722861940
Tax Period
2023-01-01 to 2023-12-31

SOULS HARBOR INC, founded in 1956, is a small nonprofit in the Housing & Shelter sector that reported $980K in total revenue in fiscal year 2023. Expenses of $888K left a modest 9% surplus.

Mission

HOUSING AND REHABILITATION TO ASSIST INDIGENT, HOMELESS, LOCAL OR TRANSIENT MEN WHOSE BASIC PROBLEM IS ALCOHOL.

Program Service Accomplishments

Program 1
Expenses: $847,808 Revenue: $980,434

WE HAVE PROVIDED FOOD, SHELTER, MEDICINE, CLOTHING AND REHABILITATION TO HOMELESS AND ALCOHOLIC MEN. THE FACILITIES PROVIDE FOR UP TO 65 MEN AT A TIME.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $177,827
Program Service Revenue $52,617
Investment Income $5,211
Other Revenue $744,779
TOTAL REVENUE $980,434

Expense Breakdown

Grants Paid $0
Salaries & Benefits $134,655
Fundraising Expenses $0
Program Expenses $847,808
Other Expenses $753,159
TOTAL EXPENSES $887,814

Year-over-Year Comparison

2023 2022 Change
Revenue $980,434 $912,890 +0.1%
Expenses $887,814 $1,617,053 -0.5%
Net Income $92,620 $-704,163 -1.1%
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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
3
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
3
$62,000
Total Directors
9
$62,000
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENT BURMASTER EXECUTIVE DIRECTOR 40.00
Officer Director Highest
$62,000 $0 $62,000
DAVID STEPHENSON PRESIDENT 1.00
Officer Director
$0 $0 $0
MIKE WARRINER TREASURER 1.00
Officer Director
$0 $0 $0
KIM LOCKWOOD BOARD MEMBER 1.00
Director
$0 $0 $0
MARK HIGGINS BOARD MEMBER 1.00
Director
$0 $0 $0
RYAN HIGGINS BOARD MEMBER 1.00
Director
$0 $0 $0
DYLAN MAHIPALK BOARD MEMBER 1.00
Director
$0 $0 $0
GERMAINE GASPARD BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID MUNSON BOARD MEMBER 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 $980,434 $887,814 $1,396,205 $92,620
2022 $912,890 $1,617,053 $1,474,697 $-704,163
2021 $944,118 $838,843 $1,457,506 $105,275
2020 $836,386 $775,312 $1,431,687 $61,074
2019 $784,524 $720,483 $1,054,894 $64,041
2018 $737,715 $753,659 $957,622 $-15,944
Explore More Nonprofits
→Top 100 Nonprofits in Texas →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare SOULS HARBOR INC with other nonprofits in Texas and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.