HOMESHARING INC (EIN 222893508) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Phone

9085264663

Tax Period

2024-01-01 to 2024-12-31

HOMESHARING INC, founded in 1984, is a small nonprofit in the Housing & Shelter sector that reported $327K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $381K exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PREVENT HOMELESSNESS BY MATCHING PROVIDERS WITH RESIDENTS NEED TO SHARE THEIR HOMES

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $318,917

Program Service Revenue $0

Investment Income $7,703

Other Revenue $0

TOTAL REVENUE $326,620

Expense Breakdown

Grants Paid $0

Salaries & Benefits $255,661

Fundraising Expenses $57,063

Program Expenses $261,792

Other Expenses $125,732

TOTAL EXPENSES $381,393

Year-over-Year Comparison

	2024	2023	Change
Revenue	$326,620	$281,773	+0.2%
Expenses	$381,393	$309,167	+0.2%
Net Income	$-54,773	$-27,394	+1.0%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAREN THOMAS	PAST PRESIDENT	4.00	Officer Director	$0	$0	$0
ANDRIETTE MATHEWS	PAST PRESIDENT	1.00	Director	$0	$0	$0
COLLEEN MCCARTHY	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL SHRINER	TREASURER	4.00	Officer Director	$0	$0	$0
BRENDA MOORE	TRUSTEE	1.00	Director	$0	$0	$0
CINDY RAND	TRUSTEE	1.00	Director	$0	$0	$0
FRANK SEMCER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEANETTE BROWN	TRUSTEE	1.00	Director	$0	$0	$0
MAUREEN KALENA	TRUSTEE	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	$326,620	$381,393	$296,376	$-54,773
2023	$281,773	$309,167	$360,596	$-27,394
2022	$249,877	$240,148	$396,622	$9,729
2021	$261,731	$238,856	$302,014	$22,875
2020	$312,067	$207,247	$249,969	$104,820
2019	$257,917	$237,518	$133,647	$20,399
2019	$265,143	$236,225	$146,309	$28,918
2018	$208,633	$235,283	$120,098	$-26,650

HOMESHARING INC