Fort Wayne, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
The Organization's mission is to assist shut-ins, usually the elderly, by delivering hot, nutritious and low-cost meals to them in their homes.
The organization delivers meals to an average of 147 individuals daily. The meals are purchased by the organization from local hospital cafeterias and then sold to the consumers, as the consumers are...
The organization delivers meals to an average of 147 individuals daily. The meals are purchased by the organization from local hospital cafeterias and then sold to the consumers, as the consumers are able to pay.
The organization employs an executive director and staff who are primarily responsible for coordinating the efforts of numerous volunteers, the intake on the organization's consumers, the acquisition...
The organization employs an executive director and staff who are primarily responsible for coordinating the efforts of numerous volunteers, the intake on the organization's consumers, the acquisition of goods to provide to the consumers, other aspects related to the management of the organization and the development of funds which allow the organization oto continue providing services to the community.
The organization serves its clients - who are not able to independently leave their homes to obtain meals - by delivering the meals to the clients at their home. Volunteers drive in excess of 40,000...
The organization serves its clients - who are not able to independently leave their homes to obtain meals - by delivering the meals to the clients at their home. Volunteers drive in excess of 40,000 miles in delivering such meals.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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 |
Compare Homebound Meals Inc with other nonprofits in Indiana and across the country.