Home-Based Services Initiative LLC

EIN: 455209647 501(c)(3)

Billings, MT

Total Revenue
$4,428,227
Total Expenses
$3,965,722
Total Assets
$1,361,172
Net Assets
$1,126,931
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MT
Principal Officer
David Trost
Phone
4066555600
Tax Period
2023-01-01 to 2023-12-31

Home-Based Services Initiative LLC, founded in 2012, is a community nonprofit that reported $4.4M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $4.0M left a modest 10% surplus.

Mission

Provide living opportunities within nurturing environments of hope, dignity, and love.

Program Service Accomplishments

Program 1
Expenses: $1,696,555 Revenue: $1,991,590

St. John's United Home Health and Hospice provides Medicare certified home health and hospice services to seniors in Yellowstone County, Montana. For Home Health, SJU provides multiple services for...

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St. John's United Home Health and Hospice provides Medicare certified home health and hospice services to seniors in Yellowstone County, Montana. For Home Health, SJU provides multiple services for homebound seniors and makes visits to their home. Services include skilled nursing care, home health aides, medical social services and a variety of rehab disciplines including physical therapy, occupational therapy, and speech therapy. As a relatively new agency, St. John's home health services have been growing steadily in the last few years. In 2023, the St. John's United Home Health team served 525 individuals providing 9,082 to individual visits to their homes, an average of 17.3 visits per client.

Program 2
Expenses: $1,502,887 Revenue: $2,416,044

St. John's United Hospice quickly realized that our patients live a better quality of life and often live longer because of hospice care. We feel the act of transitioning from this life is one to be...

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St. John's United Hospice quickly realized that our patients live a better quality of life and often live longer because of hospice care. We feel the act of transitioning from this life is one to be lived beautifully and as best as possible. In fact, living those last few months, weeks, and days with the best life has to offer is all we could hope for - for ourselves and for our loved ones. And that is exactly what St. John's does for our hospice patients. (Continued on Schedule O)In 2023, St. John's hospice team provided 14,266 days of end-of-life care for 155 individuals through individual visits by registered nurses and home health aides. Social workers work closely with the families and their loved ones, helping them through difficult decisions and navigating healthcare options. SJU Chaplains provide spiritual support and visits to both patients and families. Volunteers, a required component of hospice care, visit patients regularly and are often with patients in their final moments. Our social workers and chaplains continue their good work after the patient is gone, working with family members and friends through the grieving process.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $15,720
Program Service Revenue $4,378,345
Investment Income $4,873
Other Revenue $29,289
TOTAL REVENUE $4,428,227

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,676,613
Fundraising Expenses $0
Program Expenses $3,199,442
Other Expenses $1,289,109
TOTAL EXPENSES $3,965,722

Year-over-Year Comparison

2023 2022 Change
Revenue $4,428,227 $3,835,718 +0.2%
Expenses $3,965,722 $3,671,955 +0.1%
Net Income $462,505 $163,763 +1.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
4
Employees
N/A
Volunteers
32

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
3
$539,424
Total Directors
7
$417,849
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
David Trost President 1.00
Officer Director
$0 $126,743 $231,527
Jerry Pearsall Treasurer 2.00
Officer Director
$0 $111,570 $186,322
Karna Rhodes Director 0.30
Director
$0 $0 $0
Tyler Amundson Director 0.30
Director
$0 $0 $0
Chad Miller Director (May - Dec) 0.30
Director
$0 $0 $0
Craig Lambrecht Director (Sept - Dec) 0.30
Director
$0 $0 $0
Clint Seger Director (Jan - Aug) 0.30
Director
$0 $0 $0
Catharine Rivera Administrator 40.00
Officer
$0 $2,384 $121,575
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 No data No data No data No data
2023 $4,428,227 $3,965,722 $1,361,172 $462,505
2022 $3,835,718 $3,671,955 $1,567,492 $163,763
2021 $4,151,292 $3,238,834 $1,927,537 $912,458
2020 $3,735,629 $3,103,862 $1,751,360 $631,767
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