DAMASCUS HOME OF REDWATER INC (EIN 752917488) - 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

2002

Legal Domicile

Principal Officer

CASSANDRA ALLDAY

Tax Period

2023-01-01 to 2023-12-31

DAMASCUS HOME OF REDWATER INC, founded in 2002, is a small nonprofit in the Human Services sector that reported $331K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $293K left a modest 11% surplus.

Mission

PROVIDE AND MAINTAIN A TRANSITIONAL HOME/FACILITY TO ASSIST THOSE WHO HAVE BECOME OR HAVE BEEN ADDICTED TO DRUGS OR ALCOHOL. ALSO, RENDERING ASSISTANCE TO THOSE PERSONS AND EDUCATING THE PUBLIC AS TO THE HAZARDS OF DRUGS AND ALCOHOL.

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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 $4,406

Program Service Revenue $234,683

Investment Income $5,546

Other Revenue $86,136

TOTAL REVENUE $330,771

Expense Breakdown

Grants Paid $0

Salaries & Benefits $167,732

Fundraising Expenses $0

Program Expenses $293,285

Other Expenses $125,553

TOTAL EXPENSES $293,285

Year-over-Year Comparison

	2023	2022	Change
Revenue	$330,771	$241,861	+0.4%
Expenses	$293,285	$267,370	+0.1%
Net Income	$37,486	$-25,509	-2.5%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ROCKY FRYAR	BOARD MEMBER	Director	$0	$0	$0
BLAIR SELDON	BOARD MEMBER	Director	$0	$0	$0
MARCUS CAUDLE	BOARD MEMBER	Director	$0	$0	$0
ROGER WASHINGTON	VICE PRESIDENT	Director	$0	$0	$0
ASHLEY FRYAR	SECRETARY	Officer Director	$0	$0	$0
CARLA ROADCAP	TREASURER	Officer Director	$0	$0	$0
CASSANDRA ALLDAY	ADMINISTRATOR	Officer Director	$0	$0	$0
JAMES FRISK	PRESIDENT EX DIR	Officer 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	$330,771	$293,285	$205,958	$37,486
2022	$241,861	$267,370	$170,493	$-25,509
2021	$226,466	$217,972	$190,263	$8,494
2020	$200,438	$180,338	$191,516	$20,100
2019	$217,068	$283,625	$254,232	$-66,557
2018	$228,256	$224,862	$255,984	$3,394

DAMASCUS HOME OF REDWATER INC