THE HOMESTEAD INC OF NANTUCKET (EIN 042103831) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1919

Legal Domicile

Principal Officer

JOHN STACKPOLE

Phone

5082281135

Tax Period

2024-08-01 to 2025-07-31

THE HOMESTEAD INC OF NANTUCKET, founded in 1919, is a small nonprofit that reported $448K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $748K exceeded revenue, resulting in a 67% operating deficit.

Mission

PROVIDE ROOM AND BOARD TO ELDERLY RESIDENTS OF THE COMMUNITY IN A HOME FOR THE AGED

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $181,602

Program Service Revenue $373,483

Investment Income $-135,317

Other Revenue $28,443

TOTAL REVENUE $448,211

Expense Breakdown

Grants Paid $0

Salaries & Benefits $486,424

Fundraising Expenses $0

Program Expenses $615,609

Other Expenses $261,924

TOTAL EXPENSES $748,348

Year-over-Year Comparison

	2024	2023	Change
Revenue	$448,211	$680,657	-0.3%
Expenses	$748,348	$720,205	+0.0%
Net Income	$-300,137	$-39,548	+6.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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
SUSAN CONWAY	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA KOTALAC	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA GILES	DIRECTOR	1.00	Director	$0	$0	$0
JIM COOPER	DIRECTOR	1.00	Director	$0	$0	$0
BRIGID O'RIORDAN	DIRECTOR	1.00	Director	$0	$0	$0
JUDITH BROCK PHELAN	DIRECTOR	1.00	Director	$0	$0	$0
SANDRA OWEN	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM WILLET	DIRECTOR	1.00	Director	$0	$0	$0
JAMES PERELMAN	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE KOTALAC	DIRECTOR	1.00	Director	$0	$0	$0
JUDITH WODYNSKI	DIRECTOR	1.00	Director	$0	$0	$0
LINDA ROBERTS	PRESIDENT	2.00	Officer	$0	$0	$0
VINCENT DEBAGGIS	1ST VICE PRESIDENT	2.00	Officer	$0	$0	$0
JOHN STACKPOLE	TREASURER	2.00	Officer	$0	$0	$0
MARY HALEY	2ND VICE PRESIDENT/CLERK	2.00	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	$448,211	$748,348	$6,925,203	$-300,137
2024	$680,657	$720,205	$6,518,871	$-39,548
2023	$449,376	$650,652	$5,705,954	$-201,276
2022	$1,978,380	$652,495	$5,426,838	$1,325,885
2021	$531,867	$684,989	$6,063,396	$-153,122
2020	$969,884	$674,809	$5,158,122	$295,075
2019	$791,678	$636,794	$5,104,292	$154,884

THE HOMESTEAD INC OF NANTUCKET