HOMEMAKER SERVICE OF THE METROPOLITAN AREA INC (EIN 236461770) - 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

1968

Legal Domicile

Principal Officer

GREGORY L COLEMAN

Phone

6105651374

Tax Period

2024-07-01 to 2025-06-30

HOMEMAKER SERVICE OF THE METROPOLITAN AREA INC, founded in 1968, is a small nonprofit that reported $558K in total revenue in fiscal year 2024. Revenue surged 190% from the prior year, signaling strong growth momentum. Expenses of $855K exceeded revenue, resulting in a 53% operating deficit.

Mission

THE AGENCY'S MISSION IS TO ASSIST DISABLED PERSONS TO LIVE COMFORTABLY IN THEIR OWN HOMES BY PROVIDING HIGH QUALITY PERSONAL CARE SERVICES. THE AGENCY ENCOURAGES AND SUPPORTS INDEPENDENT LIVING, EMPOWERMENT, HABILITATION AND REHABILITATION FOR DISABLED PEOPLE.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $557,579

TOTAL REVENUE $557,579

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $855,261

TOTAL EXPENSES $855,261

Year-over-Year Comparison

	2024	2023	Change
Revenue	$557,579	$192,314	+1.9%
Expenses	$855,261	$2,189,962	-0.6%
Net Income	$-297,682	$-1,997,648	-0.9%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR CHRISTIAN C WILSON MD MBA	BOARD MEMBER	1.00	Director	$0	$0	$0
DR WINSTON COLLINS DSW	BOARD MEMBER	1.00	Director	$0	$0	$0
DELORES WILSON ESQ	PRESIDENT	1.00	Officer	$0	$0	$0
JO WILLIAMSON	VICE-PRESIDENT	1.00	Officer	$0	$0	$0
BARBARA FARLEY	SECRETARY	1.00	Officer	$0	$0	$0
GREGORY L COLEMAN	ADVISOR	5.00	Officer	$0	$0	$0
RODRIC JONES	ACCOUNTING MANAGER	5.00	Officer	$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
2025	$557,579	$855,261	No data	$-297,682
2024	$192,314	$2,189,962	$304,806	$-1,997,648
2023	$872,469	$35,515,038	$2,286,700	$-34,642,569
2022	$688,010	$2,214,113	$37,744,778	$-1,526,103
2021	$569,007	$2,113,136	$40,646,628	$-1,544,129
2020	$1,467,962	$3,159,664	$39,408,064	$-1,691,702
2019	$3,634,512	$3,894,165	$40,718,384	$-259,653
2018	$3,995,442	$4,186,533	$41,037,117	$-191,091

HOMEMAKER SERVICE OF THE METROPOLITAN AREA INC