STEADFAST STANDING FIRM AGAINST YO… - Form 990 Financial Data

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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

RICHARD BIENVENUE

Phone

3013049133

Tax Period

2023-01-01 to 2023-12-31

STEADFAST STANDING FIRM AGAINST YOUTH HOMELESSNESS, founded in 2018, is a small nonprofit in the Housing & Shelter sector that reported $328K in total revenue in fiscal year 2023. Revenue surged 148% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 16% operating margin.

Mission

TO PROVIDE SAFE HOUSING IN A CARING, SUPERVISED AND HOME-LIKE ENVIRONMENT FOR UNACCOMPANIED HOMELESS YOUTH TRANSITIONING OUT OF FOSTER CARE. TO PROVIDE SAFETY AND STABILITY FOR THE GROWING NUMBER OF YOUTH ENCOUNTERING HOMELESSNESS IN FREDERICK COUNTY MD.

Program Service Accomplishments

Program 1

Expenses: $257,221

OPERATION OF A SECURE FACILITY THAT PROVIDES TRANSITIONAL HOUSING AND RELATED SERVICES FOR UNACCOMPANIED HOMELESS YOUTH.

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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 $327,575

Program Service Revenue $0

Investment Income $18

Other Revenue $0

TOTAL REVENUE $327,593

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,101

Fundraising Expenses $5,644

Program Expenses $257,221

Other Expenses $49,536

TOTAL EXPENSES $274,637

Year-over-Year Comparison

	2023	2022	Change
Revenue	$327,593	$132,219	+1.5%
Expenses	$274,637	$116,581	+1.4%
Net Income	$52,956	$15,638	+2.4%

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

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

$63,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA MORGAN	EXECUTIVE DI	40.00	Officer	$63,000	$0	$63,000
JEFF BEBEE	DIRECTOR	2.00	Director	$0	$0	$0
DAVID BIALZAK	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL MAY	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA A MILLER	DIRECTOR	2.00	Director	$0	$0	$0
STEVEN VONGCHANH	DIRECTOR	2.00	Director	$0	$0	$0
RICHARD BIENVENUE	PRESIDENT	12.00	Officer	$0	$0	$0
LAURA H HERRON	TREASURER	10.00	Officer	$0	$0	$0
WALTER MCKEE	SECRETARY	4.00	Officer	$0	$0	$0
CARY H PLAMONDON	VICE PRESIDE	5.00	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	No data	No data	No data	No data
2023	$327,593	$274,637	$180,521	$52,956
2022	$132,219	$116,581	$104,432	$15,638
2021	$91,331	$25,178	$88,793	$66,153
2020	$26,855	$8,368	$22,640	$18,487

STEADFAST STANDING FIRM AGAINST YOUTH HOMELESSNESS