FHM SERVICES INC

EIN: 061483568 501(c)(3) Crime & Legal

GROTON, CT

Total Revenue
$1,027,396
Total Expenses
$1,039,275
Total Assets
$95,449
Net Assets
$-82,975
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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
1997
Legal Domicile
CT
Principal Officer
DAVID STEVENSON
Phone
8604483400
Tax Period
2024-07-01 to 2025-06-30

FHM SERVICES INC, founded in 1997, is a community nonprofit in the Crime & Legal sector that reported $1.0M in total revenue in fiscal year 2024.

Mission

PROVIDE LOW COST TRANSISTIONAL HOUSING

Program Service Accomplishments

Program 1
Expenses: $942,615 Revenue: $1,026,446

PROVIDE HOUSING, COUSELING AND SUPPORT SERVICES TO FORMER PRISON INMATES TO ALLOW THEM TO REJOIN SOCIETY AS PRODUCTIVE LAW ABIDING CITIZENS AND OTHER INDIVIDUALS IN NEED

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,026,446
Investment Income $950
Other Revenue $0
TOTAL REVENUE $1,027,396

Expense Breakdown

Grants Paid $0
Salaries & Benefits $743,474
Fundraising Expenses $0
Program Expenses $942,615
Other Expenses $295,801
TOTAL EXPENSES $1,039,275

Year-over-Year Comparison

2024 2023 Change
Revenue $1,027,396 $1,001,487 +0.0%
Expenses $1,039,275 $1,003,035 +0.0%
Net Income $-11,879 $-1,548 +6.7%
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

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Governance

Voting Members
5
Independent Members
4
Employees
20
Volunteers
8

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
3
$166,585
Total Directors
5
$166,585
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID STEVENSON PRESIDENT & 40.00
Officer Director
$166,585 $0 $166,585
RICH BANYON TREASURER 1.00
Officer Director
$0 $0 $0
WILLIAM BARRY CARLOS SECRETARY 1.00
Officer Director
$0 $0 $0
THERESA MAIN DIRECTOR 40.00
Director
$0 $0 $0
HUBERT POPPE CHAIRMAN 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
2025 $1,027,396 $1,039,275 $95,449 $-11,879
2024 $1,001,487 $1,003,035 $110,293 $-1,548
2023 $941,067 $932,358 $140,975 $8,709
2022 $898,805 $900,242 $18,425 $-1,437
2021 $876,105 $835,835 $28,210 $40,270
2020 $796,782 $844,530 $38,254 $-47,748
2019 $796,084 $798,762 $28,869 $-2,678
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