HOMES OF HOPE INC (EIN 371290594) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1992

Legal Domicile

Principal Officer

MAGGIE MURPHY SEVERINO

Phone

3094527131

Tax Period

2023-07-01 to 2024-06-30

HOMES OF HOPE INC, founded in 1992, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE HOUSING ASSISTANCE AND TRAINING TO DEVELOPMENTALLY DISABLED INDIVIDUALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,287,162

Program Service Revenue $371,616

Investment Income $0

Other Revenue $11,548

TOTAL REVENUE $2,670,326

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,959,451

Fundraising Expenses $102,661

Program Expenses $2,406,207

Other Expenses $774,555

TOTAL EXPENSES $2,734,006

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,670,326	$2,472,503	+0.1%
Expenses	$2,734,006	$2,492,338	+0.1%
Net Income	$-63,680	$-19,835	+2.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$112,122

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MAGGIE MURPHY SEVERINO	PRESIDENT	2.00	Officer Director	$0	$0	$0
LARRY HOPKINS	TREASURER	2.00	Officer Director	$0	$0	$0
PAULA PORTER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DR SUSAN PRENDERGAST	SECRETARY	2.00	Officer Director	$0	$0	$0
PAULA SWEENEY	BOARD MEMBER	1.00	Director	$0	$0	$0
KORI FOLKERTS	BOARD MEMBER	1.00	Director	$0	$0	$0
BRENDA JEAKINS	BOARD MEMBER	1.00	Director	$0	$0	$0
MAUREEN WYHS	EXECUTIVE DIR.	40.00	Officer	$108,689	$3,433	$112,122

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	$2,670,326	$2,734,006	$665,166	$-63,680
2023	$2,472,503	$2,492,338	$674,235	$-19,835
2022	$2,302,479	$2,154,402	$590,519	$148,077
2021	$2,057,720	$1,900,175	$455,237	$157,545
2020	$1,681,725	$1,612,039	$261,643	$69,686
2019	$1,398,097	$1,478,250	$182,170	$-80,153

HOMES OF HOPE INC