HOME OPPORTUNITIES MADE EASY INC (EIN 420931497) - 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

1967

Legal Domicile

Principal Officer

CARRIE WOERDEMAN

Phone

5152431277

Tax Period

2024-07-01 to 2025-06-30

HOME OPPORTUNITIES MADE EASY INC, founded in 1967, is a community nonprofit in the Housing & Shelter sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 53% from the prior year, signaling strong growth momentum. The organization ran a surplus of $646K, a strong 21% operating margin.

Mission

EMPOWERING OUR NEIGHBORS TO OBTAIN AND MAINTAIN SAFE, STABLE, AFFORDABLE HOUSING

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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 $1,987,428

Program Service Revenue $1,036,220

Investment Income $1,000

Other Revenue $-12,101

TOTAL REVENUE $3,012,547

Expense Breakdown

Grants Paid $123,824

Salaries & Benefits $977,986

Fundraising Expenses $28,441

Program Expenses $2,011,998

Other Expenses $1,264,699

TOTAL EXPENSES $2,366,509

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,012,547	$1,967,308	+0.5%
Expenses	$2,366,509	$2,015,115	+0.2%
Net Income	$646,038	$-47,807	-14.5%

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

202

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

$155,779

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARRIE WOERDEMAN	EXECUTIVE DIRECTOR	40.00	Officer	$149,787	$5,992	$155,779
AMELIA KLATT	PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID NELSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RYAN ARNOLD	VP/PRESIDENT (END 8/2024)	1.00	Officer Director	$0	$0	$0
MICHELE STEVENS	TREASURER	1.00	Officer Director	$0	$0	$0
JOSE GARCIA	TREASURER (END 12/2024)	1.00	Officer Director	$0	$0	$0
CANDICE REVITA-RAMIREZ	SECRETARY	1.00	Officer Director	$0	$0	$0
XAN MCNELLY	DIRECTOR	1.00	Director	$0	$0	$0
ROSHNI RYAN	DIRECTOR	1.00	Director	$0	$0	$0
DAN DRENDEL	DIRECTOR	1.00	Director	$0	$0	$0
CORY MCANELLY	DIRECTOR	1.00	Director	$0	$0	$0
DORA SEDENO	DIRECTOR	1.00	Director	$0	$0	$0
DAVE HELLSTERN	DIRECTOR	1.00	Director	$0	$0	$0
CARRIE KRUSE	DIRECTOR	1.00	Director	$0	$0	$0
COLE MCCLELLAND	DIRECTOR	1.00	Director	$0	$0	$0
DANNY HEGGEN	DIRECTOR	1.00	Director	$0	$0	$0
JENI COOPER	DIRECTOR (END 12/2024)	1.00	Director	$0	$0	$0
ADRIANA SLAUGHER	DIRECTOR (END 12/2024)	1.00	Director	$0	$0	$0
ANDREW CEDERDAHL	DIRECTOR (END 12/2024)	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
2025	$3,012,547	$2,366,509	$4,671,832	$646,038
2024	$1,967,308	$2,015,115	$4,513,165	$-47,807
2023	$2,056,006	$2,128,006	$3,610,490	$-72,000
2022	$2,240,213	$2,315,941	$3,394,939	$-75,728
2021	$2,673,801	$2,618,816	$3,416,997	$54,985
2020	$2,066,979	$2,164,827	$3,114,696	$-97,848
2019	$2,102,840	$2,077,690	$2,964,740	$25,150

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