COMMUNITY HOMES FOR ADULTS ENDOWME… - Form 990 Financial Data

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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

1992

Legal Domicile

Principal Officer

BARRY STEINHART

Phone

2143738600

Tax Period

2023-11-01 to 2024-10-31

COMMUNITY HOMES FOR ADULTS ENDOWMENT FOUNDATION, founded in 1992, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $697K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Net assets of $15.5M represent 268 months of operating reserves.

Mission

COMMUNITY HOMES FOR ADULTS ENDOWNMENT FOUNDATION WAS ORGANIZED SPECIFICALLY FOR THE PURPOSE OF RECEIVING AND RAISING FUNDS FOR THE ENDOWMENT FUND, INVESTING THOSE FUNDS, AND DISTRIBUTING FUNDS TO ORGANIZATIONS ENGAGED IN OPERATING AND MAINTAINING, UNDER JEWISH AUSPICES, GROUP HOMES AND OTHER FACILITIES THAT PROVIDE SERVICES ON A NON-SECTARIAN BASIS FOR ADULTS WITH INTELLECTUAL DISABILITIES IN NORTH TEXAS.

Program Service Accomplishments

Program 1

Expenses: $617,434

SUPPORT FOR GROUP HOMES FOR ADULTS WITH INTELLECTUAL DISABILITIES AND FOR PROVIDING SERVICES TO ASSIST ADULTS TO LEAD MEANINGFUL AND PRODUCTIVE LIVES.

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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 $75,654

Program Service Revenue $0

Investment Income $620,958

Other Revenue $0

TOTAL REVENUE $696,612

Expense Breakdown

Grants Paid $617,434

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $617,434

Other Expenses $65,059

TOTAL EXPENSES $682,493

Year-over-Year Comparison

	2023	2022	Change
Revenue	$696,612	$822,036	-0.2%
Expenses	$682,493	$613,229	+0.1%
Net Income	$14,119	$208,807	-0.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRY STEINHART	PRESIDENT	1.00	Officer Director	$0	$0	$0
EVAN STONE	VICE-PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN ROSENBERG	FORMER PRESIDENT	2.00	Officer Director	$0	$0	$0
STUART MORSE	TRUSTEE	1.00	Director	$0	$0	$0
BEN WEINSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
MARCY HELFAND	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID ROMICK	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD ROSENBERG	TRUSTEE	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	$696,612	$682,493	$15,531,897	$14,119
2023	$822,036	$613,229	$12,569,275	$208,807
2022	$2,708,137	$542,272	$11,867,528	$2,165,865
2021	$2,537,690	$477,818	$12,501,011	$2,059,872
2020	$315,385	$449,642	$8,706,800	$-134,257
2019	$339,098	$429,929	$8,449,265	$-90,831
2018	$357,310	$420,290	$7,949,978	$-62,980

COMMUNITY HOMES FOR ADULTS ENDOWMENT FOUNDATION