HOMES FOR THE HOMELESS INC (EIN 133351420) - 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

1986

Legal Domicile

Principal Officer

JOHN H GREENWOOD

Phone

2125295252

Tax Period

2023-07-01 to 2024-06-30

HOMES FOR THE HOMELESS INC, founded in 1986, is a mid-sized nonprofit in the Human Services sector that reported $57.5M in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE HOMELESS FAMILIES WITH THE OPPORTUNITY AND SUPPORT TO LIVE INDEPENDENTLY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $51,154,399

Program Service Revenue $0

Investment Income $66,118

Other Revenue $6,329,158

TOTAL REVENUE $57,549,675

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,892,912

Fundraising Expenses $0

Program Expenses $51,181,823

Other Expenses $29,862,863

TOTAL EXPENSES $56,755,775

Year-over-Year Comparison

	2023	2022	Change
Revenue	$57,549,675	$43,846,683	+0.3%
Expenses	$56,755,775	$44,583,984	+0.3%
Net Income	$793,900	$-737,301	-2.1%

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

719

Volunteers

277

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

$784,341

Total Directors

$41,130

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID WEBB	CHAIR	2.00	Officer Director	$0	$0	$0
HARRIS BARER	SECRETARY	2.00	Officer Director	$0	$0	$0
SUSANNE HUROWITZ	TREASURER	2.00	Officer Director	$0	$0	$0
STEVEN COHEN	BOARD MEMBER	2.00	Director	$0	$0	$0
SHELLY FRIEDMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
HELAINE BARNETT	BOARD MEMBER	2.00	Director	$0	$0	$0
MICHAEL KALMUS	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDREA STERN	BOARD MEMBER	2.00	Director	$0	$0	$0
RICHARD FINKELSTEIN	BOARD MEMBER	2.00	Director	$0	$0	$0
PETER K JENIK	BOARD MEMBER	2.00	Director	$0	$0	$0
DANE WESLEY	BOARD MEMBER	2.00	Director	$0	$0	$0
STEVE KRAUSE	BOARD MEMBER (THRU 08/2023)	2.00	Director	$0	$0	$0
PAIGE BARTELS	BOARD MEMBER	2.00	Director	$0	$0	$0
LUKE NASTA	BOARD MEMBER	2.00	Director	$0	$0	$0
LEONARD STERN	BOARD MEMBER	2.00	Director	$0	$0	$0
RALPH NUNEZ	BOARD MEMBER	2.00	Director	$0	$41,130	$41,130
JOHN H GREENWOOD	EXECUTIVE DIRECTOR	34.00	Officer	$295,689	$48,419	$344,108
GRETCHEN J HERNANDEZ	DEPUTY EXECUTIVE DIRECTOR	34.00	Officer	$197,116	$54,837	$251,953
AARON GOODMAN	CHIEF ADMIN OFF. (THUR 08/2023)	34.00	Officer	$159,335	$28,945	$188,280
YUEQIN LI	DIRECTOR OF FINANCE	40.00	Highest	$149,900	$62,152	$212,052
CARLOS SANTOS	CONTROLLER	40.00	Highest	$113,175	$28,723	$141,898
JAMES HERNANDEZ	CHIEF OF STAFF	40.00	Highest	$106,078	$25,164	$131,242
ANNAMARIA SANTORO	SENIOR DIRECTOR OF OPERATIONS	40.00	Highest	$103,844	$9,831	$113,675
MICHAEL FAHY	ADMINISTRATOR	40.00	Highest	$120,766	$70,449	$191,215

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	$57,549,675	$56,755,775	$16,627,828	$793,900
2023	$43,846,683	$44,583,984	$13,040,136	$-737,301
2022	$39,793,490	$39,576,531	$11,930,646	$216,959
2021	$34,991,198	$34,998,450	$10,568,614	$-7,252
2020	$32,018,738	$34,139,941	$9,691,242	$-2,121,203
2019	$25,447,097	$28,595,607	$10,143,596	$-3,148,510
2018	$24,991,170	$26,329,859	$7,418,782	$-1,338,689

HOMES FOR THE HOMELESS INC