Homes For All Inc

🔒

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

GLEN MCDONALD

Phone

7322867929

Tax Period

2024-01-01 to 2024-12-31

Homes For All Inc, founded in 1986, is a community nonprofit in the Housing & Shelter sector that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 64% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.1M, a strong 31% operating margin.

Mission

HOMES FOR ALL, INC. SEEKS TO ADVANCE THE PRINCIPLE THAT PEOPLE AT ALL INCOME LEVELS HAVE A RIGHT TO DECENT, SAFE, SUITABLE AND AFFORDABLE HOUSING AND TO THE SENSE OF SECURITY, DIGNITY, AND STABILITY THAT SUCH HOUSING PROVIDES

Program Service Accomplishments

Program 1

Expenses: $2,185,167 Revenue: $1,678,391

THE ORGANIZATION WORKS WITHIN THE COMMUNITY TO HELP FACILITATE THE CREATION OF AFFORDABLE HOUSING TO LOW INCOME FAMILIES ON A NONDISCRIMINATING BASIS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $468,203

Program Service Revenue $1,678,391

Investment Income $1,471,452

Other Revenue $253

TOTAL REVENUE $3,618,299

Expense Breakdown

Grants Paid $9,305

Salaries & Benefits $890,420

Fundraising Expenses $0

Program Expenses $2,185,167

Other Expenses $1,607,650

TOTAL EXPENSES $2,507,375

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,618,299	$2,209,942	+0.6%
Expenses	$2,507,375	$2,081,342	+0.2%
Net Income	$1,110,924	$128,600	+7.6%

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

Volunteers

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

$241,775

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLEN MCDONALD	EXECUTIVE DIRECTOR	40.0	Officer	$215,292	$26,483	$241,775
Carol A Maguire	Manager	40.0	Highest	$125,016	$0	$125,016
STEVEN P TRAXINGER	Project Manager	40.0	Highest	$118,478	$0	$118,478
ARTHUR S BAILEY III	SECRETARY	2.0	Officer Director	$0	$0	$0
BRENDON TONER	TRUSTEE	2.0	Director	$0	$0	$0
PATRICIA BROGAN	CHAIR	2.0	Officer Director	$0	$0	$0
PETER VANDYKE	VICE CHAIR	2.0	Officer Director	$0	$0	$0
REV A ALEXANDER	TRUSTEE	2.0	Director	$0	$0	$0
MICHELLE BERRY	TREASURER	2.0	Officer Director	$0	$0	$0
DAWN ULLMANN	TRUSTEE	2.0	Director	$0	$0	$0
RICHARD LUTHRINGER	TRUSTEE	2.0	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	$3,618,299	$2,507,375	$21,541,327	$1,110,924
2023	$2,209,942	$2,081,342	$17,594,926	$128,600
2022	$1,710,092	$1,574,411	$13,611,640	$135,681
2021	$1,356,237	$1,527,495	$13,249,709	$-171,258
2020	$819,011	$1,508,615	$13,365,930	$-689,604
2019	$3,957,372	$1,451,103	$14,476,959	$2,506,269
2018	$1,877,311	$1,210,618	$13,531,047	$666,693