HOME INC

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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

1970

Legal Domicile

Principal Officer

ROSALANI MOORE

Phone

2074697961

Tax Period

2024-01-01 to 2024-12-31

HOME INC, founded in 1970, is a community nonprofit that reported $1.7M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $2.4M exceeded revenue, resulting in a 41% operating deficit.

Mission

H.O.M.E. INC. PROVIDES JOBS, FOOD, EDUCATION, TEMPORARY SHELTER, AND HOME OWNERSHIP TO LOW INCOME FAMILIES AND FAMILIES IN NEED.

Program Service Accomplishments

Program 1

Expenses: $174,264 Revenue: $17,540

CONSTRUCTION, CRAFTS, AND RETAIL OPERATIONS PROVIDED EMPLOYMENT, JOB TRAINING, POTENTIAL HOME OWNERSHIP, AND LIFE SKILLS TO DOZENS OF LOW INCOME OR NEEDY INDIVIDUALS AND FAMILIES LOCATED IN THE...

CONSTRUCTION, CRAFTS, AND RETAIL OPERATIONS PROVIDED EMPLOYMENT, JOB TRAINING, POTENTIAL HOME OWNERSHIP, AND LIFE SKILLS TO DOZENS OF LOW INCOME OR NEEDY INDIVIDUALS AND FAMILIES LOCATED IN THE COASTAL/EASTERN MAINE AREA.

Program 2

Expenses: $1,380,418 Revenue: $93,750

TRANSITIONAL HOUSING, VARIOUS SHELTERS AND FOOD KITCHENS PROVIDED ACCOMMODATIONS, FOOD, AND NEEDED SERVICES TO HOMELESS FAMILIES AND INDIVIDUALS LOCATED IN COASTAL/EASTERN MAINE.

Program 3

Expenses: $157,819 Revenue: $92,605

A LEARNING CENTER PROVIDED JOB TRAINING, COMPUTER TRAINING, AND LITERACY & GED PROGRAMS TO THOSE IN NEED OF NEW SKILLS, AND OPERATED A DAY CARE CENTER FOR WORKING FAMILIES.

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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 $1,388,932

Program Service Revenue $203,895

Investment Income $53,277

Other Revenue $63,328

TOTAL REVENUE $1,709,432

Expense Breakdown

Grants Paid $42,158

Salaries & Benefits $1,664,266

Fundraising Expenses $53,915

Program Expenses $1,760,364

Other Expenses $711,935

TOTAL EXPENSES $2,418,359

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,709,432	$1,300,336	+0.3%
Expenses	$2,418,359	$2,689,312	-0.1%
Net Income	$-708,927	$-1,388,976	-0.5%

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

Volunteers

100

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

$175,284

Total Directors

$55,713

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROSALANI MOORE	EXECUTIVE DI	40.00	Officer	$74,189	$9,239	$83,428
SHANNON CARPENTER	FINANCE DIRE	40.00	Officer	$64,846	$9,239	$74,085
KAREN BOTTA	STAFF REP	40.00	Director	$46,474	$9,239	$55,713
TRACEY HAIR	FORMER ED	40.00	Officer	$16,197	$1,574	$17,771
TAMMIE COX	SECRETARY	1.00	Officer Director	$0	$0	$0
DENNIS FOLEY	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL GUARE	CHAIRMAN	1.00	Officer Director	$0	$0	$0
SUSAN LESSARD	TREASURER	1.00	Officer Director	$0	$0	$0
ANDI LLOYD	DIRECTOR	1.00	Director	$0	$0	$0
DEBBIE MURRAY	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM O'DONNELL	DIRECTOR	1.00	Director	$0	$0	$0
ADAM SHEEHAN	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE WITHAM	DIRECTOR	1.00	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	$1,709,432	$2,418,359	$6,893,631	$-708,927
2023	$1,300,336	$2,689,312	$6,979,942	$-1,388,976
2022	$2,973,951	$2,958,130	$7,460,656	$15,821
2021	$2,284,594	$2,445,319	$8,110,567	$-160,725
2020	$1,481,802	$1,801,525	$7,883,281	$-319,723
2019	$1,202,250	$1,862,542	$7,782,711	$-660,292
2018	$7,375,709	$1,846,355	$7,993,448	$5,529,354