Homebound Meals Inc

EIN: 351186741 501(c)(3)

Fort Wayne, IN

Total Revenue
$584,044
Total Expenses
$505,719
Total Assets
$833,312
Net Assets
$804,960
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
IN
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

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.

Program Service Accomplishments

Program 1
Expenses: $256,335 Revenue: $584,044

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...

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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.

Program 2
Expenses: $244,105

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...

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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.

Program 3
Expenses: $2,718

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...

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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.

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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 (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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Governance

Voting Members
9
Independent Members
8
Employees
6
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
1
$47,996
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
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
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