HOME MEALS DELIVERY INC

EIN: 311009816 501(c)(3)

Richmond, KY

Total Revenue
$167,351
Total Expenses
$162,514
Total Assets
$633,471
Net Assets
$633,471
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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
1980
Legal Domicile
KY
Principal Officer
Susan Hatfield
Phone
8595827382
Tax Period
2025-01-01 to 2025-12-31

HOME MEALS DELIVERY INC, founded in 1980, is a small nonprofit that reported $167K in total revenue in fiscal year 2025. Revenue surged 73% from the prior year, signaling strong growth momentum. Net assets of $633K represent 45 months of operating reserves.

Mission

Provide meals to low income persons and families at little or no cost to those individuals.

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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 (2025)

Revenue Breakdown

Contributions & Grants $33,779
Program Service Revenue $1,279
Investment Income $126,262
Other Revenue $6,031
TOTAL REVENUE $167,351

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $157,243
Other Expenses $162,514
TOTAL EXPENSES $162,514

Year-over-Year Comparison

2025 2024 Change
Revenue $167,351 $96,468 +0.7%
Expenses $162,514 $89,601 +0.8%
Net Income $4,837 $6,867 -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

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Governance

Voting Members
12
Independent Members
12
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karl Park President 1.00
Director
$0 $0 $0
Billy Ackerman Secretary 1.00
Director
$0 $0 $0
Susan Hatfield Treasurer 3.00
Director
$0 $0 $0
Angie Rosanbalm Manager 3.00
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
2025 $167,351 $162,514 $633,471 $4,837
2024 $96,468 $89,601 $709,575 $6,867
2023 $103,383 $87,835 $702,708 $15,548
2022 $54,198 $76,848 $687,160 $-22,650
2021 $128,038 $68,999 $810,601 $59,039
2020 $713,327 $61,945 $751,562 $651,382
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