OUR HOME INC

EIN: 237163006 501(c)(3) 501(c)(3) Corporation

334 THIRD ST SW, HURON, SD, 573502418

Total Revenue
$9,373,557
Total Expenses
$9,685,125
Total Assets
$6,085,276
Net Assets
$4,666,153

Tuckman-Chang Vulnerability Assessment

Research-Based

Academic framework for nonprofit financial sustainability (Tuckman & Chang, 1991)

Equity Deficiency
0.48
~ Moderate — 3–6 mo. reserves
Revenue Concentration
0.91
⚠ High Risk — Concentrated
Admin Flexibility
0.0%
⚠ Too Lean — No room to cut
Operating Sustainability
-3.3%
⚠ Deficit — Unsustainable
Overall Vulnerability Assessment
Based on 4 vulnerability indicators
⚠ HIGH RISK
3/4 flags
Equity deficiency (<0.25) ✓ Pass
Revenue concentration (>0.60) 🚩 Flagged
Admin too lean (<10%) 🚩 Flagged
Operating deficit (<0%) 🚩 Flagged

About: The Tuckman-Chang framework identifies four key indicators of financial vulnerability. 0 flags = low risk, 1–2 = moderate risk, 3–4 = high risk. Validated across thousands of nonprofits since 1991.

Learn more about the Tuckman-Chang methodology →

Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
SD
Principal Officer
MIKE MAXWELL
Phone
6053524368
Tax Period
July 2023 - June 2024

OUR HOME INC is a 501(c)(3) with EIN 237163006, based in 334 THIRD ST SW, HURON, SD, 573502418. Founded in 1973, the organization files IRS Form 990 and reported its most recent data for fiscal year 2023. In that period, it reported $9,373,557 in total revenue and $9,685,125 in total expenses, with net assets of $4,666,153. Its Trantor Score is 655 (Fair), reflecting its financial health based on liquidity, solvency, and operational efficiency.

Mission

PROVIDE MENTAL HEALTH SERVICES TO JUVENILES

Trantor Score

Financial Health & Payment Capacity Assessment

Score based on: Liquidity (40%), Solvency (30%), Sustainability (20%), Efficiency (10%)

655
Fair
Moderate Risk
FICO Scale: 300–850

Liquidity (40%)
0.64
+140 pts
Solvency (30%)
0.70
+115 pts
Sustainability (20%)
0.57
+63 pts
Efficiency (10%)
0.67
+37 pts
Learn more about the Trantor Score methodology →

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $181,946
Program Service Revenue $8,924,489
Investment Income $124,079
Other Revenue $143,043
TOTAL REVENUE $9,373,557

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,435,919
Fundraising Expenses $0
Program Expenses $9,072,040
Other Expenses $2,249,206
TOTAL EXPENSES $9,685,125

Year-over-Year Comparison

2023 2022 Change
Revenue $9,373,557 $7,176,286 +30.6%
Expenses $9,685,125 $9,109,256 +6.3%
Net Income $-311,568 $-1,932,970 +83.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required

Financial Health Indicators

Financial Distress Indicator (Altman Z-Score)
✓ Safe Zone — Low probability of financial distress
4.84
>2.6 safe · 1.1–2.6 gray · <1.1 distress

Learn about the Altman Z-Score methodology adapted for nonprofits →

Liquidity & Cash Position

Current Ratio
5.27
Target: >2.0 is healthy
Cash Reserve
2.1
Months of expenses covered
Cash to Assets
28.4%
Liquid asset ratio
Working Capital
$2,142,306
Current assets − liabilities

Solvency & Debt Position

Solvency Ratio
4.29
Assets / Liabilities (>1 is solvent)
Debt Ratio
23.3%
Liabilities / Assets (lower is better)
Debt to Net Assets
0.30
Leverage ratio

Revenue Sustainability & Diversification

Self-Sufficiency
95.2%
Program revenue / Total revenue
Donation Dependence
1.9%
Contributions / Total revenue
Revenue Concentration
95.2%
Largest source (lower = more diverse)

Operational Performance

Admin Efficiency
0.0%
Target: 10–20% is optimal
Asset Turnover
1.54x
Revenue / Assets
Expense Coverage
5.8
Months can operate w/o income
Surplus Margin
-3.3%
Net income / Revenue

Growth Indicators

Net Assets Growth
-9.0%
Year-over-year change

Governance

Voting Members
11
Independent Members
10
Employees
189
Volunteers
15

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
4
$0
Total Directors
11
$0
Key Employees
1
$114,106
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE MAXWELL PRESIDENT 1.00
Officer Director
$0 $0 $0
JR HEIDINGER VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
MIKE TRUNWALL TREASURER 0.50
Officer Director
$0 $0 $0
TERI MACK SECRETARY 0.50
Officer Director
$0 $0 $0
SHELLY BUDDENHAGEN AT LARGE 0.50
Director
$0 $0 $0
SCOTT CORDTS AT LARGE 0.50
Director
$0 $0 $0
PAT MIKKONEN AT LARGE 0.50
Director
$0 $0 $0
KARE MILLER AT LARGE 0.50
Director
$0 $0 $0
ROGER LARSEN AT LARGE 0.50
Director
$0 $0 $0
WAYNE CARR AT LARGE 0.50
Director
$0 $0 $0
JEAN ANDERSON AT LARGE 0.50
Director
$0 $0 $0
JENISE PISCHEL EXECUTIVE DIRECTOR 40.00
Key Emp Highest
$114,106 $0 $114,106
DEBORAH MCFARLAND PSYCHOLOGIST 40.00
Highest
$102,041 $0 $102,041
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 $9,373,557 $9,685,125 $6,085,276 $-311,568
2023 $7,176,286 $9,109,256 $6,596,064 $-1,932,970
2022 $8,241,314 $8,526,926 $8,615,377 $-285,612
2021 $9,572,106 $7,594,975 $9,147,174 $1,977,131
2020 $7,205,350 $7,364,061 $8,680,558 $-158,711
2019 $7,004,122 $7,202,842 $7,622,772 $-198,720
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