Home Counselors Inc

EIN: 010405274 501(c)(3)

Rockland, ME

Total Revenue
$657,907
Total Expenses
$1,029,925
Total Assets
$428,487
Net Assets
$280,873
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
ME
Principal Officer
Paul LeCompte
Phone
2075960359
Tax Period
2022-07-01 to 2023-06-30

Home Counselors Inc, founded in 1985, is a small nonprofit that reported $658K in total revenue in fiscal year 2022. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $1.0M exceeded revenue, resulting in a 57% operating deficit.

Mission

To provide services to displaced youths and families in Maine counties.

Program Service Accomplishments

Program 1
Expenses: $266,574 Revenue: $79,135

Since 1985, Home Base Family Services HBFS has offered intensive, short-term counseling designed to help families provide safe home environments for their children and family. Geared toward children...

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Since 1985, Home Base Family Services HBFS has offered intensive, short-term counseling designed to help families provide safe home environments for their children and family. Geared toward children with behavioral or emotional difficulties, this program also offers community reintegration services for children being released from residential, correctional, or foster care placement.

Program 2
Expenses: $592,481 Revenue: $408,109

Targeted Case Management provides services to youths between the ages of-20. Case managers provide initial and ongoing assessments, work with children, their families and support systems to...

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Targeted Case Management provides services to youths between the ages of-20. Case managers provide initial and ongoing assessments, work with children, their families and support systems to facilitate access to appropriate services to meet the childs mental, physical and behavioral health needs. Funding is provided by MaineCare for MaineCare eligible families.

Program 3
Expenses: $31,076 Revenue: $75,175

Joy Building Expenses are related to the running of the building, e.g. Mortgage taxes, security, elevator, heating and cooling.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3
Program Service Revenue $575,101
Investment Income $58
Other Revenue $82,745
TOTAL REVENUE $657,907

Expense Breakdown

Grants Paid $0
Salaries & Benefits $738,647
Fundraising Expenses $0
Program Expenses $1,029,925
Other Expenses $291,278
TOTAL EXPENSES $1,029,925

Year-over-Year Comparison

2022 2021 Change
Revenue $657,907 $1,496,201 -0.6%
Expenses $1,029,925 $1,362,969 -0.2%
Net Income $-372,018 $133,232 -3.8%
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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Governance

Voting Members
6
Independent Members
4
Employees
34
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
4
$98,200
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paul LeCompte Executive Director 040.00
Officer
$98,200 $0 $98,200
Todd Starbird Treasurer 002.00
Officer Director
$0 $0 $0
Rachel Wilcox Member 002.00
Officer Director
$0 $0 $0
Gail Palmer Member 002.00
Director
$0 $0 $0
Penelope Ray Member 002.00
Director
$0 $0 $0
Judy Dow Bookkeeper 002.00
Officer
$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 No data No data No data No data
2024 No data No data No data No data
2023 $657,907 $1,029,925 $428,487 $-372,018
2022 $1,496,201 $1,362,969 $706,584 $133,232
2021 $2,196,512 $2,420,383 $1,066,564 $-223,871
2020 $2,803,933 $3,042,211 $1,281,960 $-238,278
2019 $3,123,075 $3,214,622 $1,115,047 $-91,547
2018 $3,077,187 $3,200,647 $1,223,383 $-123,460
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