SHERRY & TIM HOUSES OF HOPE INC (EIN 812624889) - 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

2016

Legal Domicile

Principal Officer

Sandra K Schatz

Phone

3869567663

Tax Period

2022-01-01 to 2022-12-31

SHERRY & TIM HOUSES OF HOPE INC, founded in 2016, is a micro nonprofit in the Human Services sector that reported $43K in total revenue in fiscal year 2022. Revenue decreased 18% compared to the prior year. Expenses of $41K left a modest 3% surplus.

Mission

Our purpose is to provide safe living quarters for individuals that would be considered hard-to-place due to several reasons to include, but not limited to: homelessness, mental illness, bad credit, low income, drug abuse etc. To provide help with supplemental food and prescription medication and help with the application process of getting help in needed areas.

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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 $42,710

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $42,710

Expense Breakdown

Grants Paid $0

Salaries & Benefits $24,214

Fundraising Expenses $0

Program Expenses $41,368

Other Expenses $17,154

TOTAL EXPENSES $41,368

Year-over-Year Comparison

	2022	2021	Change
Revenue	$42,710	$52,079	-0.2%
Expenses	$41,368	$52,594	-0.2%
Net Income	$1,342	$-515	-3.6%

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

N/A

Employees

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

Total Directors

Key Employees

$4,044

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sue Williams	CFO	20.00	Highest	$18,000	$0	$18,000
Sanda K Schatz	CEO - Owner	40	Key Emp	$2,400	$0	$2,400
Lew Carney	Sublease Landlord (1099 NEC)	0	Key Emp	$0	$0	$1,044
Gerald Williams	Maintenance Worker	2.00	Key Emp	$600	$0	$600
Sherry Nailor	Treasurer	3.00	Officer	$0	$0	$0
Timothy Ailes	Officer	0.5	Officer	$0	$0	$0
Carly Nailor	Secretary	1	Officer	$0	$0	$0
Shyamal Ganpatbhai Patel	President	2.0	Officer	$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
2022	$42,710	$41,368	$1,551	$1,342
2021	$52,079	$52,594	$209	$-515
2019	$140,533	$142,593	$54	$-2,060

SHERRY & TIM HOUSES OF HOPE INC