EVERED HOUSE

EIN: 843862630 501(c)(3)

PORT HAYWOOD, VA

Total Revenue
$2,263
Total Expenses
$37,067
Total Assets
$134,150
Net Assets
$134,150
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
VA
Principal Officer
CHARLES EVERED
Phone
8043842983
Tax Period
2023-01-01 to 2023-12-31

EVERED HOUSE, founded in 2020, is a small nonprofit that reported $234K in total revenue in fiscal year 2021. The organization ran a surplus of $214K, a strong 91% operating margin.

Mission

OUR MISSION IS TO FOSTER AND FACILITATE THE CREATIVITY OF MILITARY VETERANS AND THOSE WHO SERVE IN CONFLICT ZONES THROUGH PROGRAMS INCLUDING, BUT NOT LIMITED TO MENTORING, A SAFE ENVIRONMENT FOR CREATIVITY, AND PRACTICING ACT.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,263
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,263

Expense Breakdown

Grants Paid $2,500
Salaries & Benefits $8,700
Fundraising Expenses $0
Program Expenses $2,500
Other Expenses $25,867
TOTAL EXPENSES $37,067

Year-over-Year Comparison

2023 2022 Change
Revenue $2,263 $2,752 -0.2%
Expenses $37,067 $54,217 -0.3%
Net Income $-34,804 $-51,465 -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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
N/A
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES EVERED PRESIDENT 20.00
Officer Director
$0 $0 $0
MARGARET EVERED SECRETARY 2.00
Officer Director
$0 $0 $0
RAYMOND PINGLORA TREASURER 2.00
Officer Director
$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
2023 $2,263 $37,067 $134,150 $-34,804
2022 $2,752 $54,217 $168,954 $-51,465
2021 $233,660 $20,141 $220,419 $213,519
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