KATHERINE AND CHARLES HOVER GREEN HOUSES INC (EIN 811408810) - 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

2015

Legal Domicile

Principal Officer

MICHELLE CREGUT

Phone

3037728102

Tax Period

2022-07-01 to 2023-06-30

KATHERINE AND CHARLES HOVER GREEN HOUSES INC, founded in 2015, is a community nonprofit that reported $7.6M in total revenue in fiscal year 2022. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $7.1M left a modest 6% surplus.

Mission

KATHERINE AND CHARLES HOVER GREEN HOUSES EMPOWERS SENIORS TO LIVE THE LIFE THEY CHOOSE BY OFFERING INNOVATIVE, AFFORDABLE AND DIGNIFIED CHOICE IN HOUSING AND SERVICES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $27,944

Program Service Revenue $7,538,939

Investment Income $353

Other Revenue $9,195

TOTAL REVENUE $7,576,431

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,052,759

Fundraising Expenses $24,557

Program Expenses $5,746,698

Other Expenses $3,086,364

TOTAL EXPENSES $7,139,123

Year-over-Year Comparison

	2022	2021	Change
Revenue	$7,576,431	$6,600,741	+0.1%
Expenses	$7,139,123	$6,639,382	+0.1%
Net Income	$437,308	$-38,641	-12.3%

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

141

Volunteers

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

$302,461

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY SCHWALM	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARTY BLOCK	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BONNIE FINLEY	VICE PRESIDENT PRO TEMPORE	1.00	Officer Director	$0	$0	$0
LOIS BOSCHEE	SECRETARY	1.00	Officer Director	$0	$0	$0
DODE SIMONSON	TREASURER	1.00	Officer Director	$0	$0	$0
PAULA ENRIETTO	DIRECTOR	1.00	Director	$0	$0	$0
KEITH EVANS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF JEREBKER	DIRECTOR	1.00	Director	$0	$0	$0
PETER HOLT	DIRECTOR	1.00	Director	$0	$0	$0
CAROLE HULL	DIRECTOR	1.00	Director	$0	$0	$0
JEFF KING	DIRECTOR	1.00	Director	$0	$0	$0
DEBRA SHUMAR	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL KAPSAK	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY RAYMER	CHIEF EXECUTIVE OFFICER	10.00	Officer	$81,612	$2,526	$84,138
RUTHIE HORTON	CHIEF EXECUTIVE OFFICER	10.00	Officer	$102,547	$4,328	$106,875
MELISSA O'HARA	CHIEF EXECUTIVE OFFICER	10.00	Officer	$0	$0	$0
LISA GAU	CHIEF FINANCIAL OFFICER	10.00	Officer	$0	$4,962	$111,448
STACEY LOVE	NURSING HOME ADMINISTRATOR	40.00	Highest	$136,461	$1,388	$137,849

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
2023	$17,308,701	$19,195,385	No data	$-1,886,684
2023	$7,576,431	$7,139,123	$18,855,153	$437,308
2022	$6,600,741	$6,639,382	$19,408,223	$-38,641
2021	$5,759,736	$5,543,302	$20,143,292	$216,434
2020	$1,545,997	$2,751,888	$20,013,016	$-1,205,891
2019	$1,029,106	$307,594	$16,875,911	$721,512
2018	$1,513,669	$109,015	$3,307,760	$1,404,654

KATHERINE AND CHARLES HOVER GREEN HOUSES INC