HOSPITALITY HOUSE OF OWATONNA INC

EIN: 263867536 501(c)(3) Housing & Shelter

OWATONNA, MN

Total Revenue
$147,000
Total Expenses
$234,122
Total Assets
$479,832
Net Assets
$475,758
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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
2008
Legal Domicile
MN
Principal Officer
SCOTT HAGLUND
Phone
5074444042
Tax Period
2024-01-01 to 2024-12-31

HOSPITALITY HOUSE OF OWATONNA INC, founded in 2008, is a small nonprofit in the Housing & Shelter sector that reported $147K in total revenue in fiscal year 2024. Revenue fell 60% from the prior year — a significant decline worth monitoring. Expenses of $234K exceeded revenue, resulting in a 59% operating deficit.

Mission

OFFER TEMPORARY AND EMERGENCY ACCOMMODATIONS FOR MEN WHO ARE TRANSITIONING THROUGH HOMELESSNESS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $127,465
Program Service Revenue $0
Investment Income $19,535
Other Revenue $0
TOTAL REVENUE $147,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $168,883
Fundraising Expenses $0
Program Expenses $171,901
Other Expenses $65,239
TOTAL EXPENSES $234,122

Year-over-Year Comparison

2024 2023 Change
Revenue $147,000 $368,492 -0.6%
Expenses $234,122 $228,848 +0.0%
Net Income $-87,122 $139,644 -1.6%
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

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
10

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAUREEN SCHLOBOHM PRESIDENT 10.00
Officer Director
$0 $0 $0
MICHEAL PEGG VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
CRAIG DENTON TREASURER 10.00
Officer Director
$0 $0 $0
ASHLEY THON SECRETARY 5.00
Officer Director
$0 $0 $0
DAN WOLFE DIRECTOR 5.00
Director
$0 $0 $0
ABBY WIGHAM DIRECTOR 5.00
Director
$0 $0 $0
ZACH ROBERTS DIRECTOR 5.00
Director
$0 $0 $0
SARAH FRAIZER DIRECTOR 5.00
Director
$0 $0 $0
JENNIFER SORG DIRECTOR 5.00
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 $147,000 $234,122 $479,832 $-87,122
2023 $368,492 $228,848 $563,889 $139,644
2022 $98,700 $151,930 $513,313 $-53,230
2021 $121,758 $139,310 $707,742 $-17,552
2020 $456,806 $157,525 $616,725 $299,281
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