THE KITCHEN INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

MELEAH SPENCER

Phone

4178371500

Tax Period

2024-01-01 to 2024-12-31

THE KITCHEN INC, founded in 1983, is a community nonprofit in the Human Services sector that reported $3.7M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Net assets of $10.5M represent 34 months of operating reserves.

Mission

THE KITCHEN, INC. BRINGS STABILITY AND PURPOSE TO PEOPLE WHO ARE HOMELESS.

Program Service Accomplishments

Program 1

Expenses: $3,005,733 Revenue: $361,899

THE KITCHEN'S HOUSING AND COMMUNITY OUTREACH PROGRAMS WORK TO PREVENT AND END HOMELESSNESS IN THE GREATER SPRINGFIELD COMMUNITY. TO AID IN THE TRANSITION FROM HOMELESSNESS TO COMMUNITY HOUSING, THE KITCHEN OPERATES SEVEN PERMANENT HOUSING PROGRAMS THAT ARE BOTH SITE AND COMMUNITY BASED. THE KITCHEN IS A COMMUNITY HOUSING DEVELOPMENT ORGANIZATION (CHDO) AND HAS WORKED ON SEVERAL PROJECTS INCLUDING LOW INCOME HOUSING TAX CREDIT PROJECTS. THE KITCHEN ALSO OFFERS A COMPREHENSIVE SET OF SUPPORT SERVICES TO HELP ENSURE LONG TERM STABILITY FOR THOSE WE SERVE. CASE MANAGEMENT, MENTAL AND PHYSICAL HEALTH CARE, AND ACCESS TO MAINSTREAM BENEFIT PROGRAMS ARE AVAILABLE. THE KITCHEN PROVIDES FURNITURE, HOUSEWARES, CLOTHING AND MANY OTHER ITEMS NECESSARY TO ESTABLISH AND MAINTAIN PERMANENT HOUSING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,055,665

Program Service Revenue $361,899

Investment Income $223,718

Other Revenue $41,690

TOTAL REVENUE $3,682,972

Expense Breakdown

Grants Paid $1,120,549

Salaries & Benefits $1,381,712

Fundraising Expenses $203,085

Program Expenses $3,005,733

Other Expenses $1,104,281

TOTAL EXPENSES $3,606,542

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,682,972	$4,284,422	-0.1%
Expenses	$3,606,542	$4,049,591	-0.1%
Net Income	$76,430	$234,831	-0.7%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

433

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

$112,425

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELEAH SPENCER	CEO	40.00	Officer	$105,329	$7,096	$112,425
JEN ALBERS	TERASURER	1.00	Officer Director	$0	$0	$0
ROB FRIDGE	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
ABBY GLENN	TRUSTEE	1.00	Director	$0	$0	$0
ELLEN HAMMOCK	PAST PRESIDE	1.00	Officer Director	$0	$0	$0
EILEEN R HAMRA	TRUSTEE	1.00	Director	$0	$0	$0
DARRON HEMANN	TRUSTEE	1.00	Director	$0	$0	$0
KATIE HOEGEMAN	TRUSTEE	1.00	Director	$0	$0	$0
TONYA KING	TRUSTEE	1.00	Director	$0	$0	$0
LAUREN KORBAL	TRUSTEE	1.00	Director	$0	$0	$0
ERIC LATIMER	SECRETARY	1.00	Officer Director	$0	$0	$0
DIANE WINTER REIDLE	TRUSTEE	1.00	Director	$0	$0	$0
KIM TILLEY	PRESIDENT	5.00	Officer Director	$0	$0	$0
DEBORAH TUCK	TRUSTEE	1.00	Director	$0	$0	$0
AUSTIN WILLIAMSON	TRUSTEE	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	$3,682,972	$3,606,542	$11,800,464	$76,430
2023	$4,284,422	$4,049,591	$11,829,186	$234,831
2022	$3,411,439	$4,058,955	$11,646,702	$-647,516
2021	$4,585,883	$3,812,973	$12,266,535	$772,910
2020	$4,062,898	$4,069,013	$11,579,900	$-6,115
2019	$4,078,255	$3,232,625	$10,530,945	$845,630
2018	$4,277,088	$3,396,490	$8,828,401	$880,598