STUDENT HOMELESSNESS INITIATIVE PA… - Form 990 Financial Data

🔒

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

2014

Legal Domicile

Principal Officer

MELISSA MUNTZ

Phone

2403859172

Tax Period

2023-01-01 to 2023-12-31

STUDENT HOMELESSNESS INITIATIVE PARTNERSHIP OF FREDERICK COUNTYINC, founded in 2014, is a small nonprofit in the Human Services sector that reported $877K in total revenue in fiscal year 2023. Expenses of $844K left a modest 4% surplus.

Mission

THE STUDENT HOMELESSNESS INITIATIVE PARTNERSHIP BUILDS CAPACITY IN STUDENTS TO REDUCE HOUSING INSECURITY, HOMELESSNESS, AND THEIR IMPACT BY BREAKING THE SYSTEMIC BARRIERS FACING FREDERICK COUNTY YOUTH.

Program Service Accomplishments

Program 1

Expenses: $357,908

NEW HORIZONS YEAR-ROUND CASE MANAGEMENT PROGRAM FOR HOMELESS YOUTH - SERVED 194 YOUTH EXPERIENCING HOMELESSNESS WHO WERE ENROLLED IN FREDERICK COUNTY PUBLIC HIGH SCHOOLS AND LOCAL COLLEGS. THE...

NEW HORIZONS YEAR-ROUND CASE MANAGEMENT PROGRAM FOR HOMELESS YOUTH - SERVED 194 YOUTH EXPERIENCING HOMELESSNESS WHO WERE ENROLLED IN FREDERICK COUNTY PUBLIC HIGH SCHOOLS AND LOCAL COLLEGS. THE PROGRAM CONDUCTED 3,608 SERVICE TRANSACTIONS, PROVIDING ACCESS TO PHYSICAL AND MENTAL HEALTH SERVICES, TRANSPORTATION, FOOD, NEW CLOTHING, FUNDING FOR AFTER-SCHOOL ENRICHMENT ACTIVITIES, AND EMERGENCY SHELTER WHEN NEEDED.

Program 2

Expenses: $272,784

THRIVE HOUSING NETWORK PROVIDES UNACCOMPANIED STUDENTS AGES 16-24 WITH EITHER A HOST HOME FOR UP TO SIX MONTHS OR A RAPID REHOUSING PLACEMENT FOR UP TO TWELVE MONTHS. CASE MANAGEMENT STAFF WORKS TO KEEP THE YOUTH CONNECTED TO EDUCATION WHILE MOVING TOWARD A PERMANENT AND SUSTAINABLE HOUSING SOLUTION AFTER THEIR EXIT. IN 2023, THE PROGRAM HOUSED 14 STUDENTS IN HOST HOMES AND 16 STUDENTS IN RAPID REHOUSING.

Program 3

Expenses: $57,729

THE BASIC MATERIAL NEEDS PROGRAM PROVIDED OVER 350 MATERIAL SUPPORTS TO FAMILIES WITH STUDENTS EXPERIENCING HOMELESSNESS. THE PROGRAM SERVED STUDENTS THROUGH THE ACADEMIC YEAR AND OVER THE SUMMER...

THE BASIC MATERIAL NEEDS PROGRAM PROVIDED OVER 350 MATERIAL SUPPORTS TO FAMILIES WITH STUDENTS EXPERIENCING HOMELESSNESS. THE PROGRAM SERVED STUDENTS THROUGH THE ACADEMIC YEAR AND OVER THE SUMMER THROUGH THE NEW HORIZONS SUMMER ACADEMY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $877,084

Program Service Revenue $0

Investment Income $697

Other Revenue $-416

TOTAL REVENUE $877,365

Expense Breakdown

Grants Paid $0

Salaries & Benefits $538,355

Fundraising Expenses $29,940

Program Expenses $688,421

Other Expenses $305,817

TOTAL EXPENSES $844,172

Year-over-Year Comparison

	2023	2022	Change
Revenue	$877,365	$825,649	+0.1%
Expenses	$844,172	$782,242	+0.1%
Net Income	$33,193	$43,407	-0.2%

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

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

$110,404

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM RACHEFF	PRESIDENT	3.00	Officer	$0	$0	$0
ANDI OVERTON	VICE-PRESIDE	3.00	Officer	$0	$0	$0
KIM WHITELY	SECRETARY	3.00	Officer	$0	$0	$0
PETER BREHM	TREASURER	3.00	Officer	$0	$0	$0
GWEN ROMACK	PAST PRESIDE	3.00	Officer	$0	$0	$0
LIZ O ETOUKE	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE FISHER	DIRECTOR	1.00	Director	$0	$0	$0
KATE SURDEZ	DIRECTOR	1.00	Director	$0	$0	$0
AMANDA HOLK	DIRECTOR	1.00	Director	$0	$0	$0
KARA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
ARMANDO TELLEZ	DIRECTOR	1.00	Director	$0	$0	$0
JOAN WICKS	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA MUNTZ	EXECUTIVE DI	40.00	Officer	$110,404	$0	$110,404

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	$877,365	$844,172	$485,263	$33,193
2022	$825,649	$782,242	$382,191	$43,407
2021	$987,116	$836,517	$368,324	$150,599
2020	$710,080	$721,706	$326,871	$-11,626
2019	$637,609	$548,746	$236,278	$88,863
2018	$437,832	$420,647	$136,813	$17,185

STUDENT HOMELESSNESS INITIATIVE PARTNERSHIP OF FREDERICK COUNTYINC