THE CARTER HOUSE INC (EIN 954294433) - 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

1990

Legal Domicile

Phone

3232311104

Tax Period

2024-07-01 to 2025-06-30

THE CARTER HOUSE INC, founded in 1990, is a small nonprofit in the Housing & Shelter sector that reported $246K in total revenue in fiscal year 2024. Expenses of $358K exceeded revenue, resulting in a 46% operating deficit.

Mission

To provide low income housing to very low-income and chronically mentally ill persons.

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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 $0

Program Service Revenue $245,446

Investment Income $3

Other Revenue $443

TOTAL REVENUE $245,892

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $358,330

Other Expenses $358,330

TOTAL EXPENSES $358,330

Year-over-Year Comparison

	2024	2023	Change
Revenue	$245,892	$254,326	0.0%
Expenses	$358,330	$304,243	+0.2%
Net Income	$-112,438	$-49,917	+1.3%

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

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
Ted Handel	President	1.00	Officer Director	$0	$0	$0
Courtney Young	Director	0.50	Director	$0	$0	$0
Karen Uhler	Director	0.50	Director	$0	$0	$0
Rev Mark Kowalewski	Director	0.50	Officer Director	$0	$0	$0
Dan Doyle	Director	0.50	Director	$0	$0	$0
Hortense Griffith	Director	0.50	Director	$0	$0	$0
Glenn B White PhD	Secretary/Treas	0.50	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	$245,892	$358,330	$776,947	$-112,438
2024	No data	No data	No data	No data
2023	$260,131	$295,237	$843,324	$-35,106
2022	$298,419	$337,753	$861,227	$-39,334
2021	$254,223	$309,249	$879,762	$-55,026
2020	$250,835	$285,378	$925,347	$-34,543
2019	$273,649	$337,791	$955,993	$-64,142
2018	$240,830	$304,035	$996,955	$-63,205

THE CARTER HOUSE INC