Home First - Interfaith Housing and Family Services

EIN: 222698334 501(c)(3)

Plainfield, NJ

Total Revenue
$337,526
Total Expenses
$367,036
Total Assets
$2,876,611
Net Assets
$1,505,021
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NJ
Principal Officer
RONALD C THOMAS
Phone
9087534001
Tax Period
2020-01-01 to 2020-12-31

Home First - Interfaith Housing and Family Services, founded in 1986, is a small nonprofit that reported $338K in total revenue in fiscal year 2020. Revenue fell 53% from the prior year — a significant decline worth monitoring. Net assets of $1.5M represent 54 months of operating reserves.

Mission

Home-first offers permanent solutions to homelessness by providing transitional housing and permanent housing, homelessness prevention assitance and support services to strengthen families and build commun

Program Service Accomplishments

Program 1
Expenses: $145,914 Revenue: $42,882

Housing and Social Services programs Transitional housing program - Offers families a safe and affordable place to live for 12 - 18 months with support services

Program 2
Expenses: $48,335

Homeless Prevention Programs Homeless prevention/ Emergency assistance - Emergency Rental, Utility, security deposit and food assitance to prevent families from becoming homeless

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $258,709
Program Service Revenue $0
Investment Income $100
Other Revenue $78,717
TOTAL REVENUE $337,526

Expense Breakdown

Grants Paid $82,828
Salaries & Benefits $170,077
Fundraising Expenses $80,870
Program Expenses $194,249
Other Expenses $109,131
TOTAL EXPENSES $367,036

Year-over-Year Comparison

2020 2019 Change
Revenue $337,526 $717,955 -0.5%
Expenses $367,036 $722,978 -0.5%
Net Income $-29,510 $-5,023 +4.9%
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

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
3
Volunteers
N/A

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
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RONALD C THOMAS President 5.000
Officer Director
$0 $0 $0
KAREN O MOORE Vice President 5.000
Officer Director
$0 $0 $0
ELIZABETH CANO Secretary 5.000
Officer Director
$0 $0 $0
DANIELLE W AUGUSTIN Member 1.000
Director
$0 $0 $0
MARSHALL A ALSTON Member 1.000
Director
$0 $0 $0
KARLA SPIVEY Executive Director 50.00
Highest
$66,607 $0 $66,607
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
2020 $337,526 $367,036 $2,876,611 $-29,510
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Home First - Interfaith Housing and Family Services with other nonprofits in New Jersey and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.