Tranquil House Inc
- Assets
- $221.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 01/1991
- Data as of
- 09/2021
- EIN
- 61-1187512
Organization Overview
Tranquil House Inc is located in Louisville, KY. The organization was established in 1991. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tranquil House Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2021, Tranquil House Inc generated $62.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $118.0k during the year ending 09/2021. While expenses have increased by 8.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TRANQUIL HOUSE, INC. SUCCESSFULLY CONTINUED OPERATING SECTION 8 PERMANENT HOUSING OF TWELVE EFFICIENCY APARTMENTS WITH RESIDENTS HAVING ACCESS TO RESOURCES OF: FOOD PANTRY, DAILY HOT MEALS, CLOTHES CLOSET, ONGOING CASE MANAGEMENT AND SUPPORTIVE MENTAL HEALTH GROUPS. ALL OF WHICH ALLOWED MEN AND WOMEN WITH SEVERE MENTAL ILLNESS OR INDIVIDUALS OF AGE OVER SIXTY-TWO AND A HALF TO MAINTAIN SELF-SUFFICIENCY AND REMAIN IN INDEPENDENT LIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Williams Director | 1 | $0 | |
Larry Blandford Director | 1 | $0 | |
Pat Higgins Vice Chair | 1 | $0 | |
John Poole Director | 1 | $0 | |
Jim Carrico Director | 1 | $0 | |
G Campbell Barnum Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $62,743 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $20 |
| Total Revenue | $62,769 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,345 |
| Professional fees and other payments to independent contractors | $3,692 |
| Occupancy, rent, utilities, and maintenance | $37,500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $43,445 |
| Total expenses | $117,982 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,305 |
| Other assets | $0 |
| Total assets | $221,174 |
| Total liabilities | $545,527 |
| Net assets or fund balances | -$324,353 |
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