HOMEFUL FOUNDATION (EIN 384009282) - 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

2016

Legal Domicile

Principal Officer

JEFF ROOS

Phone

9498398306

Tax Period

2023-01-01 to 2023-12-31

HOMEFUL FOUNDATION, founded in 2016, is a small nonprofit in the Housing & Shelter sector that reported $461K in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $510K exceeded revenue, resulting in a 11% operating deficit.

Mission

HOMEFUL FOUNDATION PROVIDES ONGOING SUPPORT TO OTHER QUALIFIED 501(C)(3)S ADDRESSING HOMELESSNESS.

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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 $451,241

Program Service Revenue $0

Investment Income $9,744

Other Revenue $0

TOTAL REVENUE $460,985

Expense Breakdown

Grants Paid $170,750

Salaries & Benefits $169,192

Fundraising Expenses $0

Program Expenses $455,255

Other Expenses $169,786

TOTAL EXPENSES $509,728

Year-over-Year Comparison

	2023	2022	Change
Revenue	$460,985	$595,264	-0.2%
Expenses	$509,728	$918,162	-0.4%
Net Income	$-48,743	$-322,898	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF ROOS	DIRECTOR/PRESIDENT	10.00	Officer Director	$0	$0	$0
SCOTT JACKSON	DIRECTOR/SECRETARY	5.00	Officer Director	$0	$0	$0
LUCY DUNN	DIRECTOR/TREASURER	1.00	Officer Director	$0	$0	$0
CHRIS LEAVELL	DIRECTOR	1.00	Director	$0	$0	$0
TODD HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
CAROL LINDSTROM	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	No data	No data	No data	No data
2023	$460,985	$509,728	$2,407,820	$-48,743
2022	$595,264	$918,162	$2,454,597	$-322,898
2021	$819,434	$638,423	$2,776,958	$181,011
2020	$2,002,000	$1,487,836	$2,641,241	$514,164
2020	$2,002,000	$1,487,836	$2,641,241	$514,164
2019	$1,246,523	$601,622	$2,145,226	$644,901
2018	$506,854	$541,418	$1,288,073	$-34,564

HOMEFUL FOUNDATION