THE MONTGOMERY HOME INC

EIN: 861802031 501(c)(3) Health Care

PALACIOS, TX

Total Revenue
$250,088
Total Expenses
$222,023
Total Assets
$667,581
Net Assets
$595,349
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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
2021
Principal Officer
DAVID KING
Tax Period
2023-01-01 to 2023-12-31

THE MONTGOMERY HOME INC, founded in 2021, is a small nonprofit in the Health Care sector that reported $250K in total revenue in fiscal year 2023. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $222K left a modest 11% surplus.

Mission

TO PROVIDE NURSING CARE AND SHELTER FOR THOSE IN THE ELDERLY COMMUNITY IN THE PALACIOS AREA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $212,276
Program Service Revenue $33,953
Investment Income $0
Other Revenue $3,859
TOTAL REVENUE $250,088

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,118
Fundraising Expenses $0
Program Expenses $222,023
Other Expenses $143,905
TOTAL EXPENSES $222,023

Year-over-Year Comparison

2023 2022 Change
Revenue $250,088 $434,013 -0.4%
Expenses $222,023 $92,056 +1.4%
Net Income $28,065 $341,957 -0.9%
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
3
Independent Members
3
Employees
17
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW GORE VICE-PRESIDE N/A
Officer Director
$0 $0 $0
LESLEY HARTMAN SECRETARY-TR N/A
Director
$0 $0 $0
DAVID KING PRESIDENT N/A
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
2024 No data No data No data No data
2023 $250,088 $222,023 $667,581 $28,065
2022 $434,013 $92,056 $567,227 $341,957
2021 $226,400 $1,130 $225,270 $225,270
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