THE FAINE HOUSE INC (EIN 850920824) - 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

2019

Legal Domicile

Principal Officer

JEFF FAINE

Phone

4075736070

Tax Period

2023-07-01 to 2024-06-30

THE FAINE HOUSE INC, founded in 2019, is a community nonprofit in the Human Services sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 235% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.4M, a strong 82% operating margin.

Mission

A COMMUNITY OF LEADERS EQUIPPING AND EMPOWERING YOUNG ADULTS WHO ARE WITHOUT A RELIABLE ADULT.

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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 $1,418,479

Program Service Revenue $18,245

Investment Income $0

Other Revenue $239,212

TOTAL REVENUE $1,675,936

Expense Breakdown

Grants Paid $0

Salaries & Benefits $95,535

Fundraising Expenses $42,035

Program Expenses $195,808

Other Expenses $198,086

TOTAL EXPENSES $293,621

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,675,936	$500,311	+2.3%
Expenses	$293,621	$295,032	0.0%
Net Income	$1,382,315	$205,279	+5.7%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF SHARON	DIRECTOR	1.00	Director	$0	$0	$0
BRITTANY FAINE	DIRECTOR	1.00	Director	$0	$0	$0
FRED GUITTON	DIRECTOR	1.00	Director	$0	$0	$0
JEFF CONDELLO	DIRECTOR	1.00	Director	$0	$0	$0
KATIE BEAN	DIRECTOR	1.00	Director	$0	$0	$0
NIMIT KAPOOR	DIRECTOR	1.00	Director	$0	$0	$0
KARLA RAY	DIRECTOR	1.00	Director	$0	$0	$0
KIRK MACKEY	DIRECTOR	1.00	Director	$0	$0	$0
RONNY EDWARDS JR	DIRECTOR	1.00	Director	$0	$0	$0
KATIE WYCHE	DIRECTOR	1.00	Director	$0	$0	$0
JEFFREY FAINE	PRESIDENT	1.00	Officer	$0	$0	$0
SARA MOORE	VICE PRESIDENT	1.00	Officer	$0	$0	$0
BUSCE HOLMES	TREASURER	1.00	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
2025	No data	No data	No data	No data
2024	$1,675,936	$293,621	$2,526,969	$1,382,315
2023	$500,311	$295,032	$1,145,509	$205,279
2022	$660,174	$265,257	$940,897	$394,917
2021	$624,773	$81,009	$563,450	$543,764

THE FAINE HOUSE INC