CIRCLE HAVEN INC (EIN 824065998) - 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

2018

Legal Domicile

Principal Officer

LISA MCCAULEY PARLES ESQ

Phone

8562263647

Tax Period

2024-01-01 to 2024-12-31

CIRCLE HAVEN INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $291K in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. Expenses of $417K exceeded revenue, resulting in a 43% operating deficit.

Mission

CIRCLE HAVEN IS A COMMUNITY BASED ORGANIZATION DEDICATED TO ENSURING ACCESS TO THE HIGHEST QUALITY OF SERVICES AND SUPPORT FOR INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES. IT IS COMMITTED TO CUSTOMIZED, PERSON CENTERED SUPPORT MODELS FOR INDIVIDUALS WITH DISABILITIES REGARDLESS OF THEIR LEVEL OF DISABILITY. IT WILL IMPLEMENT PROGRAMMING DESIGNED AND OVERSEEN BY OUTSTANDING CLINICIANS AND WILL DEVELOP SUPPORT MODELS THAT WILL BE SUSTAINABLE IN THE LONG TERM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $188,987

Program Service Revenue $101,845

Investment Income $0

Other Revenue $0

TOTAL REVENUE $290,832

Expense Breakdown

Grants Paid $0

Salaries & Benefits $229,378

Fundraising Expenses $42,417

Program Expenses $230,321

Other Expenses $187,817

TOTAL EXPENSES $417,195

Year-over-Year Comparison

	2024	2023	Change
Revenue	$290,832	$177,593	+0.6%
Expenses	$417,195	$63,388	+5.6%
Net Income	$-126,363	$114,205	-2.1%

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

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

Total Directors

$97,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KATHLEEN NACE	Executive Dir.	40.00	Director	$97,500	$0	$97,500
NINA WHITE	BOARD MEMBER	7.00	Director	$0	$0	$0
LAURIE ROMANOWICH	Secretary	7.00	Officer	$0	$0	$0
ANDREA IANNUZZELLI	Treasurer	7.00	Officer	$0	$0	$0
LISA MCCAULEY PARLES ESQ	President	15.00	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
2024	$290,832	$417,195	$120,251	$-126,363
2023	$177,593	$63,388	$213,799	$114,205
2022	$92,433	$257,207	$102,099	$-164,774
2021	$99,025	$4,457	$276,149	$94,568
2020	$98,115	$3,202	$183,675	$94,913
2019	$55,757	$4,466	$89,493	$51,291

CIRCLE HAVEN INC