TRANSITION HOUSE (EIN 770099755) - 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

1986

Legal Domicile

Principal Officer

Nancy Rapp

Phone

8059669668

Tax Period

2023-01-01 to 2023-12-31

TRANSITION HOUSE, founded in 1986, is a community nonprofit in the Housing & Shelter sector that reported $6.8M in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.5M, a strong 38% operating margin.

Mission

Transition House is dedicated to the solution of family homelessness in the Santa Barbara community. Capable and motivated families with children are offered life tools and respectful, non-sectarian residential services designed to alleviate poverty and restore self-sufficiency and dignity.

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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 $6,069,127

Program Service Revenue $146,175

Investment Income $146,854

Other Revenue $392,140

TOTAL REVENUE $6,754,296

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,184,192

Fundraising Expenses $316,596

Program Expenses $3,577,836

Other Expenses $2,037,040

TOTAL EXPENSES $4,221,232

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,754,296	$4,383,840	+0.5%
Expenses	$4,221,232	$3,958,911	+0.1%
Net Income	$2,533,064	$424,929	+5.0%

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

558

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
Kathleen Baushke	Executive Director	40.00		$164,523	$17,599	$182,122
Natalie Owens	Finance Director	40.00		$119,646	$3,603	$123,249
Debbie Michael	Program Director	40.00		$103,979	$13,508	$117,487
Mary Stern	President	3.00	Officer Director	$0	$0	$0
Nancy Rapp	Vice President	3.00	Officer Director	$0	$0	$0
Andy Carnaghe	Treasurer	3.00	Officer Director	$0	$0	$0
Kristin Linehan	Secretary	3.00	Officer Director	$0	$0	$0
Florence Michel	AUX PRES	3.00	Director	$0	$0	$0
Anita Peca	Director	1.00	Director	$0	$0	$0
Ed Northup	Director	1.00	Director	$0	$0	$0
Jessica Yacoub	Director	1.00	Director	$0	$0	$0
Jim Buckley	Director	1.00	Director	$0	$0	$0
Lynn Goebel	Director	1.00	Director	$0	$0	$0
Pat Wheatley	Director	1.00	Director	$0	$0	$0
Samantha Alvarez	Director	1.00	Director	$0	$0	$0
Rob Kooyman	Director	1.00	Director	$0	$0	$0
Steve Epstein	Director	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	$6,754,296	$4,221,232	$13,663,019	$2,533,064
2022	$4,383,840	$3,958,911	$12,056,206	$424,929
2021	$4,422,547	$3,401,601	$11,970,345	$1,020,946
2020	$3,250,227	$3,373,791	$11,482,939	$-123,564
2019	$3,343,369	$3,476,892	$9,801,448	$-133,523
2018	$3,263,892	$3,330,877	$9,857,445	$-66,985

TRANSITION HOUSE