Alden House Inc
Overview
Mission
To provide housing for individuals with disabilities
What it reported doing in 2024
Provided six elderly persons and handicapped persons with housing facilities and services specially designed to meet their physical, social and psychological need, and to promote their health, security, happiness and usefulness in longer living.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 043452410
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Springfield, MA, USA
- Phone
- 4134392447
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Community, Neighborhood Development
Reported finances
- Revenue
- $59,054
- Expenses
- $62,971
- Assets
- $258,386
- Liabilities
- $89,799
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 48
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80.7%; rating input score 81
- Program expense ratio: 75.7%; rating input score 76
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -6.6%; rating input score 34; 34th percentile among comparable filings
- Total-asset coverage ratio: 4.1; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 11; 11th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 3% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: -2.8% per year; rating input score 0; 29th percentile among comparable filings
Details
- Where the money goes: 80.7% of revenue deployed · 75.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $48K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 annual filings from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 34/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 11/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
Leadership & pay
4 people listed
People named in this filing
- JIM GOODWIN (PRESIDENT)
- MICHAEL WILLIAMS (CHAIRPERSON)
- JOSEPHINE SARNELLI (TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024.