Lacey, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Homeless Backpacks Inc, founded in 2006, is a small nonprofit in the Human Services sector that reported $639K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $194K, a strong 30% operating margin.
Provide weekend and holiday break food bags or food gift cards to junior and senior high school counselors and/or nurses to be given to food-insecure students.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $638,732 | $430,605 | +0.5% |
| Expenses | $444,818 | $520,035 | -0.1% |
| Net Income | $193,914 | $-89,430 | -3.2% |
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 |
|---|---|---|---|---|---|---|
| Lindsey Lundholm | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Lindsey Dahlquist | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Trina Henderson | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Deanna East | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Lisa Seavy | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Megan Zahringer | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Shy-Anne Haney | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Jordan Doughty | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Annette Deines | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Christina Janis | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Aaron Grasser | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Peggy Caldwell | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Kathy Holt | Board Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Kelly Wilson | Chairman | 20.00 |
Officer
|
$0 | $0 | $0 |
| Mike Jones | Treasurer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Matthew Klifman | Vice Chair | 5.00 |
Officer
|
$0 | $0 | $0 |
| Jill Lane | Secretary | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $638,732 | $444,818 | $304,144 | $193,914 |
| 2024 | $430,605 | $520,035 | $110,230 | $-89,430 |
| 2022 | $121,004 | $170,774 | $295,076 | $-49,770 |
| 2021 | $273,251 | $245,310 | $339,464 | $27,941 |
| 2020 | $485,519 | $369,792 | $311,523 | $115,727 |
| 2020 | $485,519 | $369,792 | $311,523 | $115,727 |
| 2019 | $237,695 | $158,434 | $194,358 | $79,261 |
| 2019 | $237,695 | $158,434 | $194,358 | $79,261 |
Compare Homeless Backpacks Inc with other nonprofits in Washington and across the country.