JOURNEY HOME INC

EIN: 472245325 501(c)(3) Housing & Shelter

MINERAL, VA

Total Revenue
$275,844
Total Expenses
$143,678
Total Assets
$2,435,082
Net Assets
$2,431,115
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
VA
Principal Officer
DEBRA READ
Phone
5402593627
Tax Period
2024-01-01 to 2024-12-31

JOURNEY HOME INC, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $276K in total revenue in fiscal year 2024. The organization ran a surplus of $132K, a strong 48% operating margin.

Mission

THE JOURNEY HOME PROVIDES CHRIST-CENTERED TRANSITIONAL HOUSING TO INDIVIDUALS OR FAMILIES IN NEED OF A TEMPORARY PLACE TO LIVE WHERE THEY RECEIVE SUPPORT IN REBUILDING THEIR LIVES AND FIND HOPE FOR THE NEXT STEP IN THEIR JOURNEY TO BEING INDEPENDENT MEMBERS OF OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $126,551 Revenue: $23,640

WE CONTINUED TO SCREEN AND ACCEPT NEW GUESTS INTO THE TRANSITIONAL HOUSING PROGRAM. WE CONTINUED TO OPERATE THE PROGRAM PROVIDING HOUSING, FOOD, EDUCATION, AND COACHING FOR GUESTS AND THEIR CHILDREN...

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WE CONTINUED TO SCREEN AND ACCEPT NEW GUESTS INTO THE TRANSITIONAL HOUSING PROGRAM. WE CONTINUED TO OPERATE THE PROGRAM PROVIDING HOUSING, FOOD, EDUCATION, AND COACHING FOR GUESTS AND THEIR CHILDREN. DURING THE 2024 CALENDAR YEAR, FIVE NEW FAMILIES WERE ADMITTED AND A TOTAL OF TEN FAMILIES LIVED AT THE JOURNEY HOME AND PARTICIPATED IN THE TRANSITIONAL HOUSING PROGRAM.

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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 (2024)

Revenue Breakdown

Contributions & Grants $251,798
Program Service Revenue $23,640
Investment Income $406
Other Revenue $0
TOTAL REVENUE $275,844

Expense Breakdown

Grants Paid $0
Salaries & Benefits $94,932
Fundraising Expenses $5,041
Program Expenses $126,551
Other Expenses $48,746
TOTAL EXPENSES $143,678

Year-over-Year Comparison

2024 2023 Change
Revenue $275,844 $264,064 +0.0%
Expenses $143,678 $146,502 0.0%
Net Income $132,166 $117,562 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
4
Employees
3
Volunteers
48

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
$0
Total Directors
7
$25,671
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENJAMIN REID OPERATIONS DIRECTOR AND BOARD DIRECTOR 20
Director
$25,671 $0 $25,671
DEBRA READ EXECUTIVE DIRECTOR AND BOARD PRESIDENT 28
Officer Director
$0 $0 $0
JENNIFER SCHULZ BOARD SECRETARY AND BOARD DIRECTOR 3
Officer Director
$0 $0 $0
EDWARD READ JR BOARD TREASURER AND BOARD DIRECTOR 14
Officer Director
$0 $0 $0
E BRUCE STONE BOARD DIRECTOR 2
Director
$0 $0 $0
DARVIN SATTERWHITE BOARD DIRECTOR 2
Director
$0 $0 $0
CYNTHIA MALYEVAC BOARD DIRECTOR 3
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 No data No data No data No data
2024 $275,844 $143,678 $2,435,082 $132,166
2023 $264,064 $146,502 $2,401,477 $117,562
2022 $193,771 $122,688 $2,407,123 $71,083
2021 $200,731 $112,245 $2,485,846 $88,486
2020 $403,485 $132,922 $2,529,892 $270,563
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