DELAWARE CENTER FOR HOMELESS VETER… - Form 990 Financial Data

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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

2010

Legal Domicile

Principal Officer

David Mosley

Phone

3023842350

Tax Period

2024-01-01 to 2024-12-31

DELAWARE CENTER FOR HOMELESS VETERANS INC, founded in 2010, is a community nonprofit in the Public & Societal Benefit sector that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $3.5M left a modest 5% surplus.

Mission

Provide housing and supportive services for homeless veterans and their family

Program Service Accomplishments

Program 1

Expenses: $3,250,896 Revenue: $3,616,339

Housing and support services

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,657,169

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,657,169

Expense Breakdown

Grants Paid $1,593,996

Salaries & Benefits $1,496,835

Fundraising Expenses $0

Program Expenses $3,250,896

Other Expenses $400,804

TOTAL EXPENSES $3,491,635

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,657,169	$2,890,989	+0.3%
Expenses	$3,491,635	$2,657,756	+0.3%
Net Income	$165,534	$233,233	-0.3%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$343,993

Total Directors

Key Employees

$466,493

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
David Mosley	Founder CEO	40	Officer Key Emp Highest	$186,493	$0	$186,493
Roger Bungy	Vice President	40	Officer Key Emp	$157,500	$0	$157,500
Theresa Sharpe	Programs Director	40	Key Emp	$122,500	$0	$122,500
Regina Cooper	Secretary	0.5	Director	$0	$0	$0
Theresa Szeliga	Director	0.50	Director	$0	$0	$0
Broadus Lovett	Director	0.50	Director	$0	$0	$0
Murata Soni	Director	0.5	Director	$0	$0	$0
Larry Murray	Director	0.5	Director	$0	$0	$0
Michael Follett	Director	0.5	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	$3,657,169	$3,491,635	$475,377	$165,534
2020	$701,147	$576,094	$199,438	$125,053

DELAWARE CENTER FOR HOMELESS VETERANS INC