HIAWATHA HOMES INC (EIN 411278404) - 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

1976

Legal Domicile

Principal Officer

CINDY S OSTROWSKI

Phone

5072897222

Tax Period

2023-01-01 to 2023-12-31

HIAWATHA HOMES INC, founded in 1976, is a mid-sized nonprofit that reported $10.8M in total revenue in fiscal year 2023.

Mission

PROVIDING RESIDENTIAL, IN-HOME, AND COMMUNITY-BASED CHOICES FOR PEOPLE WITH DISABILITIES.

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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 $1,105,406

Program Service Revenue $9,627,057

Investment Income $51,321

Other Revenue $12,153

TOTAL REVENUE $10,795,937

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,563,768

Fundraising Expenses $0

Program Expenses $9,678,963

Other Expenses $2,270,152

TOTAL EXPENSES $10,833,920

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,795,937	$10,152,767	+0.1%
Expenses	$10,833,920	$10,560,800	+0.0%
Net Income	$-37,983	$-408,033	-0.9%

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

395

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

$211,519

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT WITTE	TREASURER	2.00	Officer Director	$0	$0	$0
ROGER DEARTH	DIRECTOR	2.00	Director	$0	$0	$0
MATT NIGBUR	PRESIDENT	2.00	Officer Director	$0	$0	$0
RYAN BACKUS	DIRECTOR	2.00	Director	$0	$0	$0
LISETT COMAI-LEGRAND	HHF PRESIDENT	2.00	Director	$0	$0	$0
DEBORAH FALBO	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
TIMOTHY KELLY	DIRECTOR	2.00	Director	$0	$0	$0
JASON KRUEGER	DIRECTOR	2.00	Director	$0	$0	$0
DIRK ERICKSON	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
KATHLEEN DAVIS	DIRECTOR	2.00	Director	$0	$0	$0
LYNNE RYAN	DIRECTOR	2.00	Director	$0	$0	$0
CAROL FITZGERALD	DIRECTOR	2.00	Director	$0	$0	$0
PHILLIP HOMMERDING	DIRECTOR	2.00	Director	$0	$0	$0
CINDY S OSTROWSKI	CHIEF EXECUTIVE OFFICER	40.00	Officer	$108,354	$3,643	$111,997
EDWARD STITES	CHIEF FINANCIAL OFFICER	40.00	Officer	$78,479	$21,043	$99,522

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	$10,795,937	$10,833,920	$1,764,576	$-37,983
2022	$10,152,767	$10,560,800	$1,786,570	$-408,033
2021	$10,124,635	$10,078,517	$2,202,889	$46,118
2020	$10,284,265	$10,322,254	$2,752,629	$-37,989
2019	$10,342,822	$10,605,918	$2,525,820	$-263,096
2018	$10,927,651	$10,790,125	$2,755,230	$137,526

HIAWATHA HOMES INC