MISSIONARY FURLOUGH HOMES

EIN: 366135004 501(c)(3) Housing & Shelter

WHEATON, IL

Total Revenue
$450,128
Total Expenses
$419,854
Total Assets
$1,784,101
Net Assets
$1,641,845
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
IL
Principal Officer
GRANT GARNETT
Phone
6309872892
Tax Period
2024-01-01 to 2024-12-31

MISSIONARY FURLOUGH HOMES, founded in 1962, is a small nonprofit in the Housing & Shelter sector that reported $450K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $420K left a modest 7% surplus.

Mission

HOUSING FOR MISSIONARIES ON FURLOUGH.

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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 $193,930
Program Service Revenue $256,198
Investment Income $0
Other Revenue $0
TOTAL REVENUE $450,128

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $390,758
Other Expenses $419,854
TOTAL EXPENSES $419,854

Year-over-Year Comparison

2024 2023 Change
Revenue $450,128 $370,957 +0.2%
Expenses $419,854 $380,555 +0.1%
Net Income $30,274 $-9,598 -4.2%
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
42
Independent Members
42
Employees
N/A
Volunteers
81

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
$0
Total Directors
42
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NOEL MASON PRESIDENT 1.00
Officer Director
$0 $0 $0
MIKE MCKEVITT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
GRANT GARNETT TREASURER 1.00
Officer Director
$0 $0 $0
VICKY BAILEY SECRETARY 1.00
Officer Director
$0 $0 $0
MARGARET HENRY HOUSING SECRETARY 1.00
Officer Director
$0 $0 $0
BRAD BAILEY DIRECTOR 1.00
Director
$0 $0 $0
SARAH BRADLEY DIRECTOR 1.00
Director
$0 $0 $0
MARK BRADLEY DIRECTOR 1.00
Director
$0 $0 $0
TRICE BUSHHOUSE DIRECTOR 1.00
Director
$0 $0 $0
MARK BUSHHOUSE DIRECTOR 1.00
Director
$0 $0 $0
SUSIE CASSEL DIRECTOR 1.00
Director
$0 $0 $0
NATE CASSEL DIRECTOR 1.00
Director
$0 $0 $0
DOUG CLASSEN DIRECTOR 1.00
Director
$0 $0 $0
ANN CLASSEN DIRECTOR 1.00
Director
$0 $0 $0
TOM FAHY DIRECTOR 1.00
Director
$0 $0 $0
KATHY FAHY DIRECTOR 1.00
Director
$0 $0 $0
ANNE GARNETT DIRECTOR 1.00
Director
$0 $0 $0
TIM GEMMEL DIRECTOR 1.00
Director
$0 $0 $0
ANN GEMMEL DIRECTOR 1.00
Director
$0 $0 $0
MARY GIESER DIRECTOR 1.00
Director
$0 $0 $0
DAVE GIESER DIRECTOR 1.00
Director
$0 $0 $0
JASON HENRY DIRECTOR 1.00
Director
$0 $0 $0
MARCIA KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
JOHN KENNEDY DIRECTOR 1.00
Director
$0 $0 $0
NANCY LEWIS DIRECTOR 1.00
Director
$0 $0 $0
LEE LEWIS DIRECTOR 1.00
Director
$0 $0 $0
DEBRA MASON DIRECTOR 1.00
Director
$0 $0 $0
WHITNEY MCKEVITT DIRECTOR 1.00
Director
$0 $0 $0
PARKER NELSON DIRECTOR 1.00
Director
$0 $0 $0
ANDREW NELSON DIRECTOR 1.00
Director
$0 $0 $0
TOM NUSSBAUM DIRECTOR 1.00
Director
$0 $0 $0
BARB NUSSBAUM DIRECTOR 1.00
Director
$0 $0 $0
KENT RIEGER DIRECTOR 1.00
Director
$0 $0 $0
DIANE RIEGER DIRECTOR 1.00
Director
$0 $0 $0
CHAD THORSON DIRECTOR 1.00
Director
$0 $0 $0
SHAUNA THORSON DIRECTOR 1.00
Director
$0 $0 $0
NANCY TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
JEREMY TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
CHRIS WASKO DIRECTOR 1.00
Director
$0 $0 $0
CAROLINE WASKO DIRECTOR 1.00
Director
$0 $0 $0
MARK BARTLEBAUGH DIRECTOR 1.00
Director
$0 $0 $0
YVONNE BARTLEBAUGH DIRECTOR 1.00
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
2024 $450,128 $419,854 $1,784,101 $30,274
2023 $370,957 $380,555 $1,738,983 $-9,598
2022 $440,297 $337,631 $1,784,540 $102,666
2021 $1,041,606 $229,809 $1,644,142 $811,797
2020 $286,280 $218,908 $838,078 $67,372
2019 $281,158 $177,018 $2,155,325 $104,140
2018 $195,856 $178,961 $2,039,043 $16,895
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