Boston, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Hospitality Homes Inc, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 8% surplus.
Hospitality Homes provides temporary housing in volunteer host homes and other donated accommodations for families and friends of patients seeking care at Boston-Area medical centers. Hospitality Homes' unique, homeaway-from-home lodging option has provided a caring response as well as relief from emotional and financial challenges for these individuals and families.
Through its network of close to 120 host homes together with an increasing number of donated apartments and deep relationships with select local partner hotels and corporate furnished apartments...
Through its network of close to 120 host homes together with an increasing number of donated apartments and deep relationships with select local partner hotels and corporate furnished apartments, Hospitality Homes offers not only a comfortable bed in which to sleep, but also a compassionate presence in an unfamiliar city and a welcoming home to return to for families and friends who spend long days at the hospital, supporting their loved ones. Hospitality Homes is unique among Boston-area hospital housing programs because it is truly inclusive and open to all families, regardless of their income level, background, nationality, ethnicity, religion, gender identity, sexual orientation, ability, age, or diagnosis or medical facility of care. Over 60 percent of the program's guests have annual household incomes under $75,000, and all families are challenged with the high costs associated with serious and/or chronic illness. By providing housing at no-cost or low-cost, Hospitality Homes seeks to alleviate financial constraints and enable families to focus both their financial and emotional resources on their hospitalized loved ones. Many guests report that, without the housing that Hospitality Homes offers, their family members simply would not be able to access the life-saving or life-changing treatment they need.During 2024, we experienced a 24% increase in the number of active hosts compared to 2023, driven by the return to our program of a number of volunteer hosts that paused during the pandemic who not only returned to the program, but also increased the average number of nights they provided. In addition, we recruited 20 new hosts. We increased the number of donated and grant funded apartments from 9 to 17 by continued efforts to seek support from generous individual donors and specific grant providers to assist with our mission of health equity and to fund other non-hosted lodging options for patients with specific needs not appropriate for a host home. Since its inception in 1983, Hospitality Homes has been dedicated to providing housing and emotional support to families traveling to Boston for critical medical care. Over the last decade alone, the organization has demonstrated continued growth and impact, helping over 8,000 patients and providing more than 84,000 nights of lodging. The program has broadened its impact, increasing families served by 279% and nights provided by 231%. Over 40% of guests with long-term treatment needs return for additional nights of lodging. Another key indicator of the organization's success is the financial relief provided to patients. In 2024, Hospitality Homes saved patients about $3.7 million, and over $16 million in the past 10 years alone.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,344,091 | $1,363,043 | 0.0% |
| Expenses | $1,231,603 | $1,085,231 | +0.1% |
| Net Income | $112,488 | $277,812 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Anu Advani | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Rich Allred | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Peter Barkan | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Brett Chatfield | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Rob Ettinger | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Nevan Clancy Hanumara PhD | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Chelsey Huffman | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Uma Kaundinya | Director | 1.00 |
Director
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$0 | $0 | $0 |
| John Sean M Kenny | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Kaarkuzhali Krishnamurthy MD | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Monica Lussier MBA PMP | Director (End Jan 2024) | 1.00 |
Director
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$0 | $0 | $0 |
| Sara Nochur | Director/Immediate Past Chair | 1.00 |
Director
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$0 | $0 | $0 |
| Sinead Oliver | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Kevin Orr | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Judy E Paradis | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Shaivalina Purohit PhD | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Monica Fisher | Chair | 1.00 |
Officer
Director
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$0 | $0 | $0 |
| Ragu Adinarayanan | Vice Chair | 1.00 |
Officer
Director
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$0 | $0 | $0 |
| Marc Volpe | Treasurer | 2.00 |
Officer
Director
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$0 | $0 | $0 |
| Leslie Greenfield | Secretary | 1.00 |
Officer
Director
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$0 | $0 | $0 |
| Deborah Pepper | Executive Director/CEO | 40.00 |
Officer
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$154,768 | $5,191 | $159,959 |
| Denise Duclos | VP, Director of Program & Operations | 40.00 |
Highest
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$102,809 | $3,752 | $106,561 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,344,091 | $1,231,603 | $1,809,160 | $112,488 |
| 2023 | $1,363,043 | $1,085,231 | $1,586,118 | $277,812 |
| 2022 | $1,027,250 | $973,645 | $1,263,461 | $53,605 |
| 2021 | $887,853 | $934,700 | $1,224,784 | $-46,847 |
| 2020 | $765,638 | $766,611 | $1,263,752 | $-973 |
| 2019 | $520,407 | $488,887 | $1,136,057 | $31,520 |
| 2018 | $503,464 | $508,375 | $1,033,068 | $-4,911 |
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