THE HOME PLACE (EIN 450435865) - 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

AMY SCHMIDT

Phone

7017959143

Tax Period

2024-01-01 to 2024-12-31

THE HOME PLACE, founded in 1994, is a micro nonprofit in the Human Services sector that reported $23K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $19K, a strong 83% operating margin.

Mission

TO PROVIDE A TRAINING SITE FOR DISABLED INDIVIDUALS AND TO PROVIDE EMPLOYMENT AND PRE-EMPLOYMENT OPPORTUNITIES FOR INDIVIDUALS WITH DISABILITIES.

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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 $0

Program Service Revenue $22,872

Investment Income $0

Other Revenue $2

TOTAL REVENUE $22,874

Expense Breakdown

Grants Paid $0

Salaries & Benefits $397

Fundraising Expenses $0

Program Expenses $3,390

Other Expenses $3,580

TOTAL EXPENSES $3,977

Year-over-Year Comparison

	2024	2023	Change
Revenue	$22,874	$53,187	-0.6%
Expenses	$3,977	$5,271	-0.2%
Net Income	$18,897	$47,916	-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

$162,266

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IRENE DYBWAD	SECRETARY	0.25	Officer Director	$0	$0	$0
ERIC SCHEFFER	BOARD MEMBER AT LARGE	0.25	Director	$0	$0	$0
THOMASINE HEITKAMP	DIRECTOR	0.25	Director	$0	$0	$0
SONIA ZIMMERMAN	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
PAUL STENSETH	TREASURER	0.25	Officer Director	$0	$0	$0
KATE KENNA	PRESIDENT	0.25	Officer Director	$0	$0	$0
JEREMY MOE	BOARD MEMBER AT LARGE	0.25	Director	$0	$0	$0
KRISTI MAGNUSON-NELSON	DIRECTOR	0.25	Director	$0	$0	$0
DEBRA JOHNSON	CEO	0.25	Officer	$0	$23,860	$138,789
BECKY VAKOC	CFO	0.25	Officer	$0	$1,158	$23,477

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	$22,874	$3,977	$38,571	$18,897
2023	$53,187	$5,271	$48,766	$47,916
2022	$167,935	$221,345	$123,050	$-53,410
2021	$292,790	$324,627	$198,051	$-31,837
2020	$270,336	$302,334	$266,689	$-31,998
2019	$290,554	$313,835	$176,840	$-23,281
2018	$333,037	$330,072	$206,828	$2,965

THE HOME PLACE