RUTHS HOUSE INC

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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

2020

Legal Domicile

Principal Officer

Jeanne Korman

Phone

2032530053

Tax Period

2024-01-01 to 2024-12-31

RUTHS HOUSE INC, founded in 2020, is a small nonprofit in the Human Services sector that reported $215K in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $43K, a strong 20% operating margin.

Mission

Mission is to provide a safe home for young single mothers and their children where they can receive emotional, spiritual, and physical support; learn life skills that empower them to live their God-given purpose; and transition into a permanent, stable living environment.

Program Service Accomplishments

Program 1

Expenses: $41,586 Revenue: $214,765

Program services will commence once the home to support single mother's and their children has been renovated and made suitable to support single mothers and their children. Since the inception of...

Program services will commence once the home to support single mother's and their children has been renovated and made suitable to support single mothers and their children. Since the inception of Ruth's House in 2020, the Board has been strategizing on the future and focusing on fundraising.

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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 $189,312

Program Service Revenue $0

Investment Income $0

Other Revenue $25,453

TOTAL REVENUE $214,765

Expense Breakdown

Grants Paid $0

Salaries & Benefits $38,908

Fundraising Expenses $4,552

Program Expenses $41,586

Other Expenses $133,031

TOTAL EXPENSES $171,939

Year-over-Year Comparison

	2024	2023	Change
Revenue	$214,765	$140,483	+0.5%
Expenses	$171,939	$74,725	+1.3%
Net Income	$42,826	$65,758	-0.3%

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

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

$13,200

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeanne Korman	Founder/Pres.	30.00	Officer	$13,200	$0	$13,200
Lynn Proudfoot	Secretary	15.00	Officer	$0	$0	$0
Vicar Centeno	Treasurer	2.00	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	$214,765	$171,939	$762,166	$42,826
2023	$140,483	$74,725	$756,727	$65,758
2022	$458,570	$44,153	$650,489	$414,417