HOMEWARD BOUND DOG RESCUE INC

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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

2006

Legal Domicile

Principal Officer

CHERYL ADAMS

Phone

7632953006

Tax Period

2024-01-01 to 2024-12-31

HOMEWARD BOUND DOG RESCUE INC, founded in 2006, is a small nonprofit in the Animal-Related sector that reported $158K in total revenue in fiscal year 2024.

Mission

HOMEWARD BOUND IS DEDICATED TO RESCUING HOMELESS AND UNWANTED ANIMALS AND PLACING THEM IN NEW HOMES.

Program Service Accomplishments

Program 1

Expenses: $154,398 Revenue: $131,006

HOMEWARD BOUND FINDS HOMES FOR HUNDREDS OF HOMELESS AND UNWANTED ANIMALS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $27,115

Program Service Revenue $131,006

Investment Income $1

Other Revenue $0

TOTAL REVENUE $158,122

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $154,398

Other Expenses $159,522

TOTAL EXPENSES $159,522

Year-over-Year Comparison

	2024	2023	Change
Revenue	$158,122	$164,512	0.0%
Expenses	$159,522	$168,442	-0.1%
Net Income	$-1,400	$-3,930	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHERYL ADAMS	EXECUTIVE DI	40.00	Director	$0	$0	$0
KRISTI ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
EDWINA FRANCHILD	DIRECTOR	8.00	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	$158,122	$159,522	$4,803	$-1,400
2023	$164,512	$168,442	$6,203	$-3,930
2022	$151,819	$151,918	$10,133	$-99
2021	$127,680	$147,184	$12,501	$-19,504
2020	$117,147	$126,914	$29,736	$-9,767
2019	$109,012	$130,181	$52,729	$-21,169
2018	$242,265	$246,744	$95,323	$-4,479