COVER THE HOMELESS MINISTRY (EIN 912094255) - 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

2006

Legal Domicile

Principal Officer

ROSIE RIOS

Phone

3239315468

Tax Period

2024-01-01 to 2024-12-31

COVER THE HOMELESS MINISTRY, founded in 2006, is a micro nonprofit in the Human Services sector that reported $41K in total revenue in fiscal year 2024. Revenue fell 48% from the prior year — a significant decline worth monitoring. Expenses of $66K exceeded revenue, resulting in a 61% operating deficit.

Mission

THIS ORGANIZATION PROVIDES CLOTHING, FOOD, AND MEDICAL SERVICES TO LOW INCOME CITIZENS IN VARIOUS AREAS OF SOUTHERN CALIFORNIA AND REUNITE THEM WITH FAMILY

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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 $40,967

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $40,967

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61,307

Other Expenses $65,888

TOTAL EXPENSES $65,888

Year-over-Year Comparison

	2024	2023	Change
Revenue	$40,967	$79,061	-0.5%
Expenses	$65,888	$67,989	0.0%
Net Income	$-24,921	$11,072	-3.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA SMITH	Director	0.00	Director	$0	$0	$0
BETTY SHUMAKE	Director	0.00	Director	$0	$0	$0
ROSIE RIOS	President & CEO	40.00	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
2024	$40,967	$65,888	$11,309	$-24,921
2023	$79,061	$67,989	$36,230	$11,072
2019	$36,319	$33,438	$21,040	$2,881
2018	$36,058	$25,071	$18,159	$10,987

COVER THE HOMELESS MINISTRY