Homebound Meals Inc (EIN 351186741) - Form 990 Financial Analysis & Trantor Score

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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

1990

Legal Domicile

Phone

2604223296

Tax Period

2024-04-01 to 2025-03-31

Homebound Meals Inc, founded in 1990, is a small nonprofit that reported $584K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $506K left a modest 13% surplus.

Mission

Charitable delivery of meals to shut-ins.

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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 $281,427

Program Service Revenue $277,638

Investment Income $24,979

Other Revenue $0

TOTAL REVENUE $584,044

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,102

Fundraising Expenses $0

Program Expenses $503,158

Other Expenses $379,617

TOTAL EXPENSES $505,719

Year-over-Year Comparison

	2024	2023	Change
Revenue	$584,044	$491,807	+0.2%
Expenses	$505,719	$497,967	+0.0%
Net Income	$78,325	$-6,160	-13.7%

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

N/A

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

$47,996

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Barb Umber	Executive Dir.	40.00	Officer	$47,996	$0	$47,996
Ashley Boettcher	Director	0.00	Director	$0	$0	$0
Tim Boggs	Director	0.00	Director	$0	$0	$0
Sharon Minnich	Secretary	0.00	Director	$0	$0	$0
Barb Morris	Director	0.00	Director	$0	$0	$0
Wayne Shive	Vice President	0.00	Director	$0	$0	$0
Alec Smith	Director	0.00	Director	$0	$0	$0
Dr Mitch Stucky	Director	0.00	Director	$0	$0	$0
Ron Crouch	Director	0.00	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	$584,044	$505,719	$833,312	$78,325
2024	$491,807	$497,967	$777,973	$-6,160
2023	$669,849	$463,860	$946,994	$205,989
2023	$468,723	$465,374	$714,314	$3,349
2022	$433,047	$463,136	$745,663	$-30,089
2021	$475,775	$457,591	$745,677	$18,184

Homebound Meals Inc