Boston, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Heading Home Inc, founded in 1974, is a mid-sized nonprofit in the Housing & Shelter sector that reported $30.9M in total revenue in fiscal year 2022. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $28.0M left a modest 9% surplus.
Heading Home's mission is to end homelessness in Greater Boston by providing a supported pathway to self-sufficiency that begins with a home, together with critical services such as life skills, financial literacy, and job training. Heading Home provides emergency transitional and permanent housing, and support services, to low-income homeless and formerly homeless families and individuals in the communities of Boston, Cambridge, Chelsea, Everett, Lawrence, Malden, Medford, Quincy, Revere, and Somerville. As our name reflects, we believer that a stable home provides the optimal foundation to get back on track; our programs focus heavily on assessment, engagement, individual goal-setting and securing permanent housing for our clients as quickly as possible.
Shelter and Emergency Services - Shelter and Emergency Services consists of a place to stay, supportive services including assistance in finding permanent housing, and in some cases meals and basic...
Shelter and Emergency Services - Shelter and Emergency Services consists of a place to stay, supportive services including assistance in finding permanent housing, and in some cases meals and basic supplies. Services are temporary and are intended to be relatively short in duration. During the year, the organization added 142 units for taking over the Casa Neuva Vida shelter contracts.
Permanent Supportive Housing - Permanent Supportive Housing consists of subsidized housing and supportive services for certain formerly homeless individuals and families. It is not time-limited...
Permanent Supportive Housing - Permanent Supportive Housing consists of subsidized housing and supportive services for certain formerly homeless individuals and families. It is not time-limited, though many participants move on to other housing after several years.
Transitional Housing - Transitional Housing consists of housing and supportive services that are available for 18-24 months to help participants make the transition from homelessness to permanent...
Transitional Housing - Transitional Housing consists of housing and supportive services that are available for 18-24 months to help participants make the transition from homelessness to permanent housing.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $30,905,951 | $21,349,930 | +0.4% |
| Expenses | $27,988,241 | $18,482,312 | +0.5% |
| Net Income | $2,917,710 | $2,867,618 | +0.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| N/A | Clerk | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Vice Chair | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Chair | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Treasurer | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
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$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
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$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
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$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Member | 1.0 |
Director
|
$0 | $0 | $0 |
| N/A | Chief Executive Officer | 39.0 |
Officer
|
$236,236 | $40,960 | $277,196 |
| N/A | Chief Financial Officer | 39.0 |
Officer
|
$0 | $0 | $0 |
| N/A | Chief Financial Officer (part year) | 39.0 |
Officer
|
$162,932 | $18,352 | $181,284 |
| N/A | Chief Operating Officer | 39.0 |
Highest
|
$155,016 | $40,631 | $195,647 |
| N/A | Chief Development Officer | 39.0 |
Highest
|
$164,533 | $8,191 | $172,724 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $30,905,951 | $27,988,241 | $32,986,088 | $2,917,710 |
| 2022 | $21,349,930 | $18,482,312 | $19,604,535 | $2,867,618 |
| 2021 | $19,837,700 | $19,152,620 | $16,655,344 | $685,080 |
| 2020 | $16,777,402 | $16,339,691 | $15,321,583 | $437,711 |
| 2019 | $16,509,482 | $15,986,338 | $13,585,594 | $523,144 |
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