HOMEWARD BOUND USA INC

EIN: 274892529 501(c)(3) Mental Health

SARANAC LAKE, NY

Total Revenue
$1,472,155
Total Expenses
$1,180,237
Total Assets
$1,193,798
Net Assets
$730,427
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Principal Officer
MARK MOELLER
Phone
5185244753
Tax Period
2024-01-01 to 2024-12-31

HOMEWARD BOUND USA INC, founded in 2011, is a community nonprofit in the Mental Health sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $292K, a strong 20% operating margin.

Mission

OUR GOAL IS TO LINK VETERANS AND THEIR FAMILIES TO ALL AVAILABLE RESOURCES IN THE COMMUNITY AND SERVE AS A GUIDE, A CLEARING HOUSE, AND A FRIENDLY FACE AND HELPING HAND TO ALL VETERANS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,472,155
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,472,155

Expense Breakdown

Grants Paid $0
Salaries & Benefits $688,837
Fundraising Expenses $0
Program Expenses $1,109,134
Other Expenses $491,400
TOTAL EXPENSES $1,180,237

Year-over-Year Comparison

2024 2023 Change
Revenue $1,472,155 $782,847 +0.9%
Expenses $1,180,237 $639,389 +0.8%
Net Income $291,918 $143,458 +1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
14
Volunteers
14

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
5
$98,077
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK MOELLER CHAIR 1.00
Officer Director
$0 $0 $0
ANDREA STEWART VICE CHAIR 1.00
Officer Director
$0 $0 $0
DAVID ALDRICH TREASURER 1.00
Officer Director
$0 $0 $0
STEVE ERMAN SECRETARY 1.00
Officer Director
$0 $0 $0
WANDA MURTAGH-DORCHAK BOARD MEMBER 1.00
Director
$0 $0 $0
AMY TUTHILL BOARD MEMBER 1.00
Director
$0 $0 $0
SAMUEL HALL BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE ROBERTSON BOARD MEMBER 1.00
Director
$0 $0 $0
GREGORY FURLONG BOARD MEMBER 1.00
Director
$0 $0 $0
JASON MURRAY BOARD MEMBER 1.00
Director
$0 $0 $0
VINCENT CORDATO BOARD MEMBER 1.00
Director
$0 $0 $0
KIRK LAVIGNE BOARD MEMBER 1.00
Director
$0 $0 $0
VALERIE AINSWORTH EXECUTIVE DIRECTOR 40.00
Officer
$98,077 $0 $98,077
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 $1,472,155 $1,180,237 $1,193,798 $291,918
2023 $782,847 $639,389 $732,896 $143,458
2022 $240,288 $133,423 $412,713 $106,865
2021 $243,481 $81,816 $340,217 $161,665
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOMEWARD BOUND USA INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.