HOMEWARD ANIMAL SHELTER 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

1966

Legal Domicile

Principal Officer

MIKE GJESDAHL

Phone

7012390077

Tax Period

2024-01-01 to 2024-12-31

HOMEWARD ANIMAL SHELTER INC, founded in 1966, is a community nonprofit in the Animal-Related sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 51% operating margin.

Mission

TO CARE FOR, PROTECT AND PLACE ANIMALS FOR ADOPTION IN LIFE LONG HOMES, AND TO PREVENT CRUELTY TO ANIMALS BY EDUCATING OUR COMMUNITY IN THE PROPER AND HUMANE CARE OF ALL ANIMALS.

Program Service Accomplishments

Program 1

Expenses: $978,909 Revenue: $167,087

HOMEWARD ANIMAL SHELTER (HAS) IS A LOCAL AND COMMUNITY-FUNDED, NON-PROFIT ANIMAL SHELTER. SINCE ITS INCEPTION IN 1966, HAS HAS PLACED OVER 43,000 ANIMALS IN LIFELONG HOMES.HAS STRIVES TO EDUCATE THE COMMUNITY IN THE PROPER AND HUMANE CARE OF ALL ANIMALS IN AN EFFORT TO STOP ANIMAL CRUELTY; AND SPAY/NEUTER OUTREACH TO BRING THE AWARENESS THAT SPAY/NEUTER PROCEDURES PREVENT ANIMAL OVER POPULATION AND ULTIMATELY SAVE ANIMAL LIVES.HAS MICROCHIPS AND VACCINATES ALL ANIMALS BEFORE ADOPTION, AND SPAYS/NEUTERS ALL ANIMALS 6 MONTHS OR OLDER BEFORE ADOPTION, AND PROVIDES LOW-COST MICROCHIP CLINICS FOR THE GENERAL PUBLIC. IN ADDITION, AS A COMMUNITY SERVICE, HOMEWARD (CONTINUED ON SCHEDULE O) ANIMAL SHELTER PROVIDES A COMMUNITY PANTRY WITH DOG/CAT FOOD TO THOSE WHO ARE UNABLE TO AFFORD FOOD FOR THEIR ANIMALS. IN 2024, HOMEWARD ANIMAL SHELTER RESCUED OVER 83% OF ALL UNCLAIMED ANIMALS FROM THE FARGO POUND. WITH THE ENDING OF 2024, IT HAS BEEN 16 FULL YEARS SINCE THE LAST TIME AN ADOPTABLE DOG WAS EUTHANIZED AND 12 YEARS SINCE THE LAST TIME AN ADOPTABLE CAT WAS EUTHANIZED, IN ANY OF THE 3 LOCAL POUNDS.HAS IS THE ONLY GROUP IN THE FM COMMUNITY WITH A PROGRAM DESIGNED TO TAKE IN FERAL CATS. THEY ARE VACCINATED, SPAYED/NEUTERED, THEN ADOPTED OUT THROUGH THE BARN BUDDIES PROGRAM. HAS IS ALSO THE ONLY GROUP IN THE FM COMMUNITY TO TAKE IN CATS WITH FELINE LEUKEMIA VIRUS AND FELINE IMMUNODEFICIENCY VIRUS. CATS WITH THESE VIRUSES ARE ADOPTABLE, AND JUST NEED THE RIGHT HOME TO CARE FOR THEM.

🔒

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 $2,514,428

Program Service Revenue $167,087

Investment Income $86,394

Other Revenue $74,735

TOTAL REVENUE $2,842,644

Expense Breakdown

Grants Paid $0

Salaries & Benefits $754,937

Fundraising Expenses $186,218

Program Expenses $978,909

Other Expenses $631,505

TOTAL EXPENSES $1,386,442

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,842,644	$1,281,893	+1.2%
Expenses	$1,386,442	$1,327,661	+0.0%
Net Income	$1,456,202	$-45,768	-32.8%

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

275

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

$86,843

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE GJESDAHL	PRESIDENT	2.00	Officer Director	$0	$0	$0
TIM FLAKOLL	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TOM COLVILLE	DVM, EX-OFFICIO	2.00	Director	$0	$0	$0
NINA ADAMS	DIRECTOR	2.00	Director	$0	$0	$0
KAYLA KALLANDER	TREASURER	2.00	Officer Director	$0	$0	$0
COREY BJERTNESS	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA BRANDT	DIRECTOR	2.00	Director	$0	$0	$0
ROGER GRESS	DIRECTOR	2.00	Director	$0	$0	$0
PATRICK KIRBY	DIRECTOR	2.00	Director	$0	$0	$0
GREG STEMEN	DIRECTOR	2.00	Director	$0	$0	$0
AMY RULEY	SECRETARY	2.00	Officer Director	$0	$0	$0
KAREN LUCHSINGER	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN SHAWN	DIRECTOR	2.00	Director	$0	$0	$0
COREY BJERTNESS	DIRECTOR (LEFT MARCH 2024)	2.00	Director	$0	$0	$0
TASHA HAUG	EXECUTIVE DIRECTOR	40.00	Officer	$77,528	$9,315	$86,843

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	$2,842,644	$1,386,442	$3,430,252	$1,456,202
2023	$1,281,893	$1,327,661	$1,463,926	$-45,768
2022	$1,284,017	$1,093,270	$1,390,514	$190,747
2021	$1,033,272	$953,662	$1,287,404	$79,610
2020	$1,313,949	$870,609	$1,186,551	$443,340
2019	$877,302	$932,054	$718,090	$-54,752
2019	$877,302	$932,054	$718,090	$-54,752
2018	$971,587	$957,924	$716,943	$13,663