WYOMING FAMILY HOME OWNERSHIP PROGRAM

EIN: 264141283 501(c)(3) Education

CHEYENNE, WY

Total Revenue
$190,214
Total Expenses
$356,715
Total Assets
$1,556,283
Net Assets
$1,549,312
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
WY
Principal Officer
SARAH ERDMAN
Phone
3075145831
Tax Period
2023-01-01 to 2023-12-31

WYOMING FAMILY HOME OWNERSHIP PROGRAM, founded in 2007, is a small nonprofit in the Education sector that reported $190K in total revenue in fiscal year 2023. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $357K exceeded revenue, resulting in a 88% operating deficit.

Mission

PROVIDE LOW INCOME, WORKING FAMILIES WITH CHILDREN, THE TOOLS AND RESOURCES NEEDED TO ACHIEVE AND MAINTAIN FIRST TIME HOME OWNERSHIP.

Program Service Accomplishments

Program 1
Expenses: $221,680

PROVIDE LOW INCOME, WORKING FAMILIES WITH CHILDREN, THE TOOLS AND RESOURCES NEEDED TO ACHIEVE AND MAINTAIN FIRST TIME HOME OWNERSHIP.

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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 (2023)

Revenue Breakdown

Contributions & Grants $189,245
Program Service Revenue $0
Investment Income $969
Other Revenue $0
TOTAL REVENUE $190,214

Expense Breakdown

Grants Paid $0
Salaries & Benefits $254,857
Fundraising Expenses $47,897
Program Expenses $221,680
Other Expenses $101,858
TOTAL EXPENSES $356,715

Year-over-Year Comparison

2023 2022 Change
Revenue $190,214 $1,011,486 -0.8%
Expenses $356,715 $300,332 +0.2%
Net Income $-166,501 $711,154 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
4
Volunteers
25

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
6
$92,684
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENDA BIRKLE EXECUTIVE DI 40.00
Officer
$92,684 $0 $92,684
SARAH ERDMAN VICE PRESIDE 2.00
Officer Director
$0 $0 $0
JOSH MORRIS CHAIR 2.00
Officer Director
$0 $0 $0
CRYSTAL MIESNER MANCERA VICE CHAIR 2.00
Officer Director
$0 $0 $0
KALI COLLINS SECRETARY 2.00
Officer Director
$0 $0 $0
BRYAN THOMAS TREASURER 2.00
Officer Director
$0 $0 $0
TERRY WILLIAMS DIRECTOR 2.00
Director
$0 $0 $0
LIZ MOEHRKE DIRECTOR 2.00
Director
$0 $0 $0
ANDRA ARENAS DIRECTOR 2.00
Director
$0 $0 $0
STEVE BORIN DIRECTOR 2.00
Director
$0 $0 $0
LOGAN GRAVES DIRECTOR 2.00
Director
$0 $0 $0
KATELYN HARDEE CASTANEDA DIRECTOR 2.00
Director
$0 $0 $0
LINDA KLINK PAST DIRECTO 2.00
Director
$0 $0 $0
WENDY FANNING PAST DIRECTO 2.00
Director
$0 $0 $0
ALLEN HARROLE PAST DIRECTO 2.00
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 No data No data No data No data
2023 $190,214 $356,715 $1,556,283 $-166,501
2022 $1,011,486 $300,332 $2,330,010 $711,154
2021 $306,666 $186,376 $2,095,923 $120,290
2020 $249,509 $297,334 $1,986,631 $-47,825
2019 $403,866 $258,825 $2,012,896 $145,041
2018 $158,200 $277,420 $108,587 $-119,220
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