HOUSE OF CHARITY (EIN 760534271) - 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

1997

Legal Domicile

Phone

7132668002

Tax Period

2023-01-01 to 2023-12-31

HOUSE OF CHARITY, founded in 1997, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.6M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

To provide Surgical and Medical Care Education and Life Essentials to improve the Well-Being Health and Quality of Life of Imrovished Children and Young Adults wherever needed.

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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 $1,640,124

Program Service Revenue $0

Investment Income $4

Other Revenue $0

TOTAL REVENUE $1,640,128

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,336,716

Other Expenses $1,649,346

TOTAL EXPENSES $1,649,346

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,640,128	$1,496,312	+0.1%
Expenses	$1,649,346	$1,490,931	+0.1%
Net Income	$-9,218	$5,381	-2.7%

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

N/A

Volunteers

175

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
Hashmat Effendi	Executive Director	40.00	Officer Director Key Emp	$0	$0	$0
Colonel Robert Ing	Board Member	1.00	Director	$0	$0	$0
Dr Waqar Khan	Board Member	1.00	Director	$0	$0	$0
Syed H Waqif	Board Member	2.00	Director	$0	$0	$0
Dr Amy Coburn	Board Member	1.00	Director	$0	$0	$0
Hasan Abbas	Board Member	1.00	Director	$0	$0	$0
Dr Chris Hankin	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	$1,640,128	$1,649,346	$848,296	$-9,218
2022	$1,496,312	$1,490,931	$818,559	$5,381
2021	$1,389,488	$1,384,625	$710,833	$4,863
2020	$1,123,428	$1,096,464	$710,172	$26,964

HOUSE OF CHARITY