JOURNEY HOME INC

EIN: 205605975 501(c)(3)

MURFREESBORO, TN

Total Revenue
$3,726,191
Total Expenses
$2,223,357
Total Assets
$7,934,537
Net Assets
$7,282,158
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
TN
Principal Officer
SCOTT FOSTER
Phone
6158092643
Tax Period
2024-01-01 to 2024-12-31

JOURNEY HOME INC, founded in 2006, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.5M, a strong 40% operating margin.

Mission

THE JOURNEY HOME IS A CHRISTIAN MINISTRY WHOSE PRIMARY FOCUS IS TO SERVE THE HOMELESS AND DISADVANTAGED OF RUTHERFORD COUNTY TN - PROVIDING PRACTICAL RESOURCES AND RELATIONSHIPS THAT ENCOURAGE FAITH, ECONOMIC STABILITY, WHOLENESS AND REINTEGRATION INTO COMMUNITY LIFE.

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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 $3,388,208
Program Service Revenue $195,170
Investment Income $126,489
Other Revenue $16,324
TOTAL REVENUE $3,726,191

Expense Breakdown

Grants Paid $1,069,456
Salaries & Benefits $820,630
Fundraising Expenses $211,259
Program Expenses $1,938,106
Other Expenses $333,271
TOTAL EXPENSES $2,223,357

Year-over-Year Comparison

2024 2023 Change
Revenue $3,726,191 $4,806,509 -0.2%
Expenses $2,223,357 $1,646,241 +0.4%
Net Income $1,502,834 $3,160,268 -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

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
23
Independent Members
23
Employees
45
Volunteers
1000

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
8
$73,823
Total Directors
24
$73,823
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JIM MARTIN MEMBER 1.00
Director
$0 $0 $0
PHIL BARNETT DEVELOPMENT COMMITTEE CHAIR 1.00
Officer Director
$0 $0 $0
ROSEANN BARTON TREASURER 1.00
Officer Director
$0 $0 $0
KRISTINE BLAESS MEMBER 1.00
Director
$0 $0 $0
GLORIA BONNER MEMBER 1.00
Director
$0 $0 $0
LESLIE AKINS SECRETARY 1.00
Officer Director
$0 $0 $0
JEFF JAMES MEMBER 1.00
Director
$0 $0 $0
SCOTT FOSTER EXECUTIVE DIRECTOR 50.00
Officer Director
$70,223 $3,600 $73,823
CHUCK PHILLIPS OPERATIONS COMMITTEE CHAIR 1.00
Officer Director
$0 $0 $0
LESLEE DODD KARL VICE CHAIR 1.00
Officer Director
$0 $0 $0
FREDA MORGAN MEMBER 1.00
Director
$0 $0 $0
LEE MOSS MEMBER 1.00
Director
$0 $0 $0
BRITTANY DYE MEMBER 1.00
Director
$0 $0 $0
BILL REID CHAIR 1.00
Officer Director
$0 $0 $0
KEDRICK HOWSE MEMBER 1.00
Director
$0 $0 $0
LYNN WATSON MEMBER 1.00
Director
$0 $0 $0
JIM GORTMAKER MEMBER 1.00
Director
$0 $0 $0
BILLY TRUESDELL HOUSING COMMITTEE CHAIR 1.00
Officer Director
$0 $0 $0
RUSS GALLOWAY MEMBER 1.00
Director
$0 $0 $0
MARY CATHERINE SEVIER MEMBER 1.00
Director
$0 $0 $0
LISBETH COUSER MEMBER 1.00
Director
$0 $0 $0
MIKE DUGAN MEMBER 1.00
Director
$0 $0 $0
JAMES LITTLE MEMBER 1.00
Director
$0 $0 $0
CLAIRE TUMA MEMBER 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
2024 $3,726,191 $2,223,357 $7,934,537 $1,502,834
2023 $4,806,509 $1,646,241 $5,928,285 $3,160,268
2022 $2,624,906 $1,710,217 $2,810,186 $914,689
2021 $2,077,420 $1,596,688 $1,891,094 $480,732
2020 $1,381,713 $1,093,957 $1,969,419 $287,756
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