STONE CITY ALLIANCE FOR RECOVERY & HOPE INC

EIN: 844286842 501(c)(3)

BEDFORD, IN

Total Revenue
$330,320
Total Expenses
$306,733
Total Assets
$752,886
Net Assets
$531,159
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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
2019
Legal Domicile
IN
Principal Officer
ED STEPHENSON
Phone
8123291118
Tax Period
2024-10-01 to 2025-09-30

STONE CITY ALLIANCE FOR RECOVERY & HOPE INC, founded in 2019, is a small nonprofit that reported $330K in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. Expenses of $307K left a modest 7% surplus.

Mission

THE ENTITY OPERATES A MEN'S WARMING SHELTER IN BEDFORD INDIANA. THE SHELTER IS UTILIZED FOR HOMELESS MEN IN LAWRENCE COUNTY, INDIANA DURING WINTER MONTHS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $276,009
Program Service Revenue $0
Investment Income $0
Other Revenue $54,311
TOTAL REVENUE $330,320

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,933
Fundraising Expenses $38,904
Program Expenses $198,668
Other Expenses $141,800
TOTAL EXPENSES $306,733

Year-over-Year Comparison

2024 2023 Change
Revenue $330,320 $243,358 +0.4%
Expenses $306,733 $212,062 +0.4%
Net Income $23,587 $31,296 -0.2%
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

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Governance

Voting Members
12
Independent Members
12
Employees
10
Volunteers
50

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
4
$0
Total Directors
13
$60,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEATHER FLYNN EXECUTIVE DIRECTOR 50.00
Director
$0 $0 $60,000
BRAD BOUGH BOARD MEMBER 2.00
Director
$0 $0 $0
DR DEBORAH CRATON BOARD MEMBER 2.00
Director
$0 $0 $0
JANICE NICKEO-PENDERGRASS BOARD MEMBER 2.00
Director
$0 $0 $0
JOE TIMBROOK BOARD MEMBER 2.00
Director
$0 $0 $0
JORDAN REED BOARD MEMBER 2.00
Director
$0 $0 $0
KIM BURGESS BOARD MEMBER 2.00
Director
$0 $0 $0
TENA KERN BOARD MEMBER 5.00
Director
$0 $0 $0
WALLY BRANHAM BOARD MEMBER 2.00
Director
$0 $0 $0
ED STEPHENSON PRESIDENT 20.00
Officer Director
$0 $0 $0
CHARLES EDWARDS VICE-PRESIDENT 10.00
Officer Director
$0 $0 $0
LINDA SMITH TREASURER 35.00
Officer Director
$0 $0 $0
GREG STANLEY SECRETARY 10.00
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
2025 $330,320 $306,733 $752,886 $23,587
2024 $243,358 $212,062 $825,000 $31,296
2023 $419,215 $185,418 $743,170 $233,797
2022 $262,552 $160,871 $348,195 $101,681
2021 $121,312 $79,442 $267,917 $41,870
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