HOME SHARE (EIN 411769102) - 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

1994

Legal Domicile

Principal Officer

RITA WIERSMA

Phone

6123624400

Tax Period

2023-01-01 to 2023-12-31

HOME SHARE, founded in 1994, is a micro nonprofit in the Human Services sector that reported $100K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $259K exceeded revenue, resulting in a 161% operating deficit.

Mission

TO PROVIDE HOUSING FOR PEOPLE WITH DISABILITIES AND MENTAL HEALTH ISSUES

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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 $0

Program Service Revenue $99,321

Investment Income $217

Other Revenue $0

TOTAL REVENUE $99,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $223,054

Other Expenses $259,482

TOTAL EXPENSES $259,482

Year-over-Year Comparison

	2023	2022	Change
Revenue	$99,538	$117,962	-0.2%
Expenses	$259,482	$178,688	+0.5%
Net Income	$-159,944	$-60,726	+1.6%

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

N/A

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

$428,949

Total Directors

$428,949

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RITA WIERSMA	PRESIDENT, CHIEF EXECUTIVE OFFICER	1.00	Officer Director	$0	$8,191	$257,327
ROBERT PICKERING	SECRETARY & TREASURER	1.00	Officer Director	$0	$26,916	$171,622
NATHAN NELSON	CHAIR	1.00	Officer Director	$0	$0	$0
JONATHON SONDERGAARD	DIRECTOR	1.00	Director	$0	$0	$0
JOCELYN KORTAN	DIRECTOR	1.00	Director	$0	$0	$0
AMBER LINDEMAN	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	$99,538	$259,482	$910,508	$-159,944
2022	$117,962	$178,688	$952,926	$-60,726
2021	$90,887	$194,090	$1,075,099	$-103,203
2020	$100,303	$186,398	$1,057,241	$-86,095
2019	$104,558	$143,392	$1,145,462	$-38,834
2018	$122,437	$155,318	$1,157,691	$-32,881

HOME SHARE