HOME SWEET HOME MINISTRIES INC (EIN 370692350) - 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

1923

Legal Domicile

Phone

3098287356

Tax Period

2023-07-01 to 2024-06-30

HOME SWEET HOME MINISTRIES INC, founded in 1923, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2023. Net assets of $10.7M represent 34 months of operating reserves.

Mission

HOME SWEET HOME MINISTRIES DEMONSTRATES CHRIST'S LOVE THROUGH INNOVATIVE APPROACHES THAT INSTILL HOPE, RESTORE LIVES, AND BUILD COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,115,749

Program Service Revenue $31,625

Investment Income $432,075

Other Revenue $166,430

TOTAL REVENUE $3,745,879

Expense Breakdown

Grants Paid $57,370

Salaries & Benefits $2,067,696

Fundraising Expenses $499,130

Program Expenses $2,346,889

Other Expenses $1,540,080

TOTAL EXPENSES $3,665,146

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,745,879	$3,867,995	0.0%
Expenses	$3,665,146	$3,443,530	+0.1%
Net Income	$80,733	$424,465	-0.8%

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

235

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

$154,806

Total Directors

$154,806

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW C BURGESS	CEO	45.00	Officer Director	$124,950	$29,856	$154,806
JACQUELINE COLLINS	BOARD MEMBER	0.40	Director	$0	$0	$0
SALLY SALEGNA	President	0.40	Officer Director	$0	$0	$0
JOSEPH DEHN	BOARD MEMBER	0.40	Director	$0	$0	$0
STEVE ZIMMERMAN	BOARD MEMBER	0.40	Director	$0	$0	$0
MEG BARNET	Secretary	0.40	Officer Director	$0	$0	$0
RENAE ETKA	BOARD MEMBER	0.40	Director	$0	$0	$0
AMANDA RAY	BOARD MEMBER	0.40	Director	$0	$0	$0
RYAN HUETTE	BOARD MEMBER	0.40	Director	$0	$0	$0
ANN GILMORE	BOARD MEMBER	0.40	Director	$0	$0	$0
LOWRELL COLLINS JR	BOARD MEMBER	0.40	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	No data	No data	No data	No data
2024	$3,745,879	$3,665,146	$11,006,809	$80,733
2023	$3,867,995	$3,443,530	$10,195,503	$424,465
2022	$3,394,319	$2,939,594	$9,391,953	$454,725
2021	$3,156,462	$2,623,892	$9,964,067	$532,570
2020	$3,379,119	$2,943,816	$8,145,796	$435,303
2019	$3,822,972	$2,960,349	$7,726,486	$862,623

HOME SWEET HOME MINISTRIES INC