DISPLACED HOMEMAKERS CENTER OF TC INC

EIN: 161482758 501(c)(3) Employment

Ithaca, NY

Total Revenue
$511,442
Total Expenses
$566,229
Total Assets
$993,794
Net Assets
$923,331
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
NY
Principal Officer
Jan Bridgeford-Smith
Phone
6072721520
Tax Period
2024-07-01 to 2025-06-30

DISPLACED HOMEMAKERS CENTER OF TC INC, founded in 1995, is a small nonprofit in the Employment sector that reported $511K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Expenses of $566K exceeded revenue, resulting in a 11% operating deficit.

Mission

Supports social and economic self-sufficiency primarily for economically disadvantaged women. The center provides employment skills training, individualized coaching, financial literacy, computer literacy, health and wellness coaching and professional dressing for interviews.

Program Service Accomplishments

Program 1
Expenses: $476,122

Core - provides training and education programs for displaced homemakers in Tompkins and Onondaga counties and surrounding areas to help them become self-sufficient.

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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 $474,546
Program Service Revenue $13,057
Investment Income $23,839
Other Revenue $0
TOTAL REVENUE $511,442

Expense Breakdown

Grants Paid $0
Salaries & Benefits $399,427
Fundraising Expenses $5,391
Program Expenses $476,122
Other Expenses $166,802
TOTAL EXPENSES $566,229

Year-over-Year Comparison

2024 2023 Change
Revenue $511,442 $553,990 -0.1%
Expenses $566,229 $674,801 -0.2%
Net Income $-54,787 $-120,811 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
13
Volunteers
25

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
4
$71,500
Total Directors
7
$0
Key Employees
1
$71,500
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jan Bridgeford-Smith Executive Director 40.00
Officer Key Emp
$71,500 $0 $71,500
Tamer Elshourbagy Director 1.00
Director
$0 $0 $0
Serena Jackson Director 1.00
Director
$0 $0 $0
Oya Rieger Director 1.00
Director
$0 $0 $0
Judy Tennant Director 1.00
Director
$0 $0 $0
Nancy Oltz President Secretary 5.00
Officer Director
$0 $0 $0
Kate Shanks-Booth Vice President 1.00
Officer Director
$0 $0 $0
Susan Barnett Treasurer 1.00
Officer 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 $511,442 $566,229 $993,794 $-54,787
2024 No data No data No data No data
2023 $614,314 $797,999 $1,122,180 $-183,685
2022 $819,772 $653,991 $1,270,464 $165,781
2021 $728,647 $635,120 $1,215,242 $93,527
2020 $555,845 $696,388 $1,069,687 $-140,543
2019 $726,094 $664,542 $1,125,090 $61,552
2018 $563,702 $690,994 $1,101,933 $-127,292
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