Helena Industries Inc Entity in Bankruptcy (EIN 810305451) - 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

1968

Legal Domicile

Phone

4062527200

Tax Period

2018-07-01 to 2019-06-30

Helena Industries Inc Entity in Bankruptcy, founded in 1968, is a small nonprofit that reported $470K in total revenue in fiscal year 2018. Revenue fell 79% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $360K, a strong 76% operating margin.

Mission

The Mission of the bankruptcy entity was to provide vocational and rehabilitative services utilizing real work, related services and individualized resources to empower person with disabilities to leave productive and fulfilling lives in their communities.The entity is in bankruptcy and is being liquidated. Once all assets are liquidated, claims and accounts receivables are pursued and collected to the extent possible, administrative expenses will be paid and remaining funds will be distributed to creditors. The bankrupt entity will ceased to exist.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $-110,180

Investment Income $580,125

Other Revenue $529

TOTAL REVENUE $470,474

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $110,666

TOTAL EXPENSES $110,666

Year-over-Year Comparison

	2018	2017	Change
Revenue	$470,474	$2,294,857	-0.8%
Expenses	$110,666	$2,344,895	-1.0%
Net Income	$359,808	$-50,038	-8.2%

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

176

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

$18,354

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph V Womack	Trustee	0.00	Director	$0	$0	$0
Barbara Walsh	Interim CFO	5.00	Officer	$18,354	$0	$18,354

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
2019	$470,474	$110,666	$677,571	$359,808

Helena Industries Inc Entity in Bankruptcy