HOMEOWNER'S REHAB INC (EIN 042519279) - Form 990 Financial Analysis & Trantor Score

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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

1972

Legal Domicile

Principal Officer

SARA BARCAN

Phone

6178684858

Tax Period

2024-01-01 to 2024-12-31

HOMEOWNER'S REHAB INC, founded in 1972, is a community nonprofit in the Housing & Shelter sector that reported $8.9M in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.6M, a strong 18% operating margin.

Mission

TO MAKE LOW INTEREST LOANS TO LOW INCOME HOMEOWNERS FOR IMPROVEMENTS. DEVELOPMENT OF LOW INCOME HOUSING AND REHABING OLD HOUSING STOCK.

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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 $628,110

Program Service Revenue $4,949,832

Investment Income $3,037,081

Other Revenue $285,199

TOTAL REVENUE $8,900,222

Expense Breakdown

Grants Paid $102,500

Salaries & Benefits $2,175,719

Fundraising Expenses $0

Program Expenses $7,075,953

Other Expenses $5,012,273

TOTAL EXPENSES $7,290,492

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,900,222	$7,337,327	+0.2%
Expenses	$7,290,492	$6,435,131	+0.1%
Net Income	$1,609,730	$902,196	+0.8%

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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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

$276,438

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEORGE BEAL	TREASURER	5.00	Officer Director	$0	$0	$0
LOUISE ELVING	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOHN HIXSON	CLERK	5.00	Officer Director	$0	$0	$0
AMY WALSH FARRELL	BOARD MEMBER	5.00	Director	$0	$0	$0
AVIVA ROTHMAN-SHORE	BOARD MEMBER	5.00	Director	$0	$0	$0
DEBRA FOX	BOARD MEMBER	5.00	Director	$0	$0	$0
HECTOR ACEVEDO	BOARD MEMBER	5.00	Director	$0	$0	$0
ANGELA MEEHAN	BOARD MEMBER	5.00	Director	$0	$0	$0
MARILYN SOTO	BOARD MEMBER	5.00	Director	$0	$0	$0
GOLNAZ TABATABAI	BOARD MEMBER	5.00	Director	$0	$0	$0
VINCENT O'DONNELL	VICE PRESIDENT	5.00	Officer	$0	$0	$0
SARA BARCAN	EXECUTIVE DIRECTOR	35.00	Officer	$236,289	$40,149	$276,438
LEE DEPIETRO	DIRECTOR OF ASSET MANAGEMENT	35.00	Highest	$152,136	$12,684	$164,820
SUSAN TWOMEY	DIRECTOR OF CONSTRUCTION A	35.00	Highest	$145,004	$16,884	$161,888
WILL MONSON	SENIOR PROJECT MANAGER	35.00	Highest	$131,364	$19,100	$150,464
HIEN BURNHAM	CONTROLLER	35.00	Highest	$142,846	$35,916	$178,762
KATE GILMORE	DIRECTOR OF REAL ESTATE	35.00	Highest	$133,346	$23,262	$156,608

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	$8,900,222	$7,290,492	$170,154,645	$1,609,730
2023	$7,337,327	$6,435,131	$154,559,872	$902,196
2022	$13,581,541	$5,555,508	$137,772,671	$8,026,033
2021	$6,783,220	$4,603,619	$114,049,178	$2,179,601
2020	$13,972,335	$7,091,346	$107,092,847	$6,880,989
2019	$8,409,912	$3,396,530	$107,029,491	$5,013,382

HOMEOWNER'S REHAB INC