THE HOUSE INC

EIN: 202947568 501(c)(3)

WOODBRIDGE, VA

Total Revenue
$3,874,938
Total Expenses
$3,885,989
Total Assets
$1,577,479
Net Assets
$1,448,241
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
VA
Principal Officer
HELEN MCCORMICK
Phone
7039095459
Tax Period
2024-01-01 to 2024-12-31

THE HOUSE INC, founded in 2005, is a community nonprofit that reported $3.9M in total revenue in fiscal year 2024.

Mission

The House, Inc. after-effects lower disparities and respond to key points that emphasize student learning and development through program services, addressing more than one critical challenge concurrently. The House, Inc.s initiatives work to improve health, education, and promote employment outcomes outside of The House, Inc. in the disturbing and hugely unequal impacts often falling along lines of race and class. The House, Inc.s scope of activities and programs eliminate barriers to full participation in student career trajectories.

Program Service Accomplishments

Program 1
Expenses: $3,885,989 Revenue: $3,883,049

The House, Inc. builds capabilities in youth by equipping pre-teens and teens with the skills and tools they need to achieve the potential for their own success, offering a better on ramp to higher...

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The House, Inc. builds capabilities in youth by equipping pre-teens and teens with the skills and tools they need to achieve the potential for their own success, offering a better on ramp to higher education and career preparedness through leadership development, academic enrichment, upskilling programs, and total health initiatives. The House, Inc.s HANGRY Truck is a mobile food market and street kitchen. This anti-hunger initiative addresses real commmunity problems and brings food assistance and hot meals to food insecure children and families in neighborhoods overlooked by traditional systems impacted by long-standing inequalities. Because of The House, Inc.s guidance, EmpowerMEnt (Trademarked) connects relevant education for the development of youth as global leaders. A developed social justice initiative, the National Capital A Cinderella Ball, is a youth advocacy capstone project of The House, Inc.

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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 $3,239,664
Program Service Revenue $635,274
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,874,938

Expense Breakdown

Grants Paid $0
Salaries & Benefits $725,759
Fundraising Expenses $15,603
Program Expenses $3,727,170
Other Expenses $3,160,230
TOTAL EXPENSES $3,885,989

Year-over-Year Comparison

2024 2023 Change
Revenue $3,874,938 $3,944,662 0.0%
Expenses $3,885,989 $3,925,294 0.0%
Net Income $-11,051 $19,368 -1.6%
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
6
Independent Members
3
Employees
11
Volunteers
150

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
$351,589
Total Directors
6
$351,589
Key Employees
1
$110,510
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELEN MCCORMICK PRESIDENT 40.00
Officer Director Highest
$144,780 $23,605 $168,385
TODD MCCORMICK EXECUTIVE DIRECTOR 40.00
Officer Director
$107,550 $22,300 $129,850
RON MCCORMICK VICE PRESIDENT 40.00
Officer Director
$51,013 $2,341 $53,354
TAMELA DASHIEL BOARD OF DIRECTORS 0.50
Director
$0 $0 $0
LAURA DAVIES BOARD OF DIRECTORS 2.00
Director
$0 $0 $0
QUINTIN DURDEN BOARD OF DIRECTORS 0.50
Director
$0 $0 $0
JESSICA STREUFERT KEY EMPLOYEE 40.00
Key Emp
$106,900 $3,610 $110,510
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 $3,874,938 $3,885,989 $1,577,479 $-11,051
2023 $3,944,662 $3,925,294 $1,624,983 $19,368
2022 $4,321,889 $4,462,678 $1,641,047 $-140,789
2021 $4,341,712 $4,007,922 $1,787,552 $333,790
2020 $2,839,587 $2,647,192 $1,560,011 $192,395
2019 $2,087,116 $1,961,680 $1,131,368 $125,436
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