HOME SWEET HOME

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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

2015

Legal Domicile

Principal Officer

ELIZABETH REZNICEK

Phone

3144489838

Tax Period

2024-01-01 to 2024-12-31

HOME SWEET HOME, founded in 2015, is a community nonprofit in the Human Services sector that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

TO GIVE UNDER-SERVED FAMILIES A SENSE OF PRIDE AND TO IMPROVE THE QUALITY OFTHEIR LIVES BY PROVIDING BASIC HOUSEHOLD FURISHINGS.

Program Service Accomplishments

Program 1

Expenses: $2,322,054 Revenue: $2,691,252

In 2024, Home Sweet Home furnished 1,121 households. Subsequently, delivering 1500 beds, and over 1,000,000 lbs of furniture to over 2,800 individuals. Of those 2,800 individuals there were nearly...

In 2024, Home Sweet Home furnished 1,121 households. Subsequently, delivering 1500 beds, and over 1,000,000 lbs of furniture to over 2,800 individuals. Of those 2,800 individuals there were nearly 1,400 children, 130 veterans, and 170 immigrants or refugees. 47% of the referrals for our services listed Previously Homeless as the leading Reason for Referral.

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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 $2,339,661

Program Service Revenue $163,488

Investment Income $6,641

Other Revenue $181,462

TOTAL REVENUE $2,691,252

Expense Breakdown

Grants Paid $0

Salaries & Benefits $881,065

Fundraising Expenses $161,084

Program Expenses $2,322,054

Other Expenses $1,749,969

TOTAL EXPENSES $2,631,034

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,691,252	$2,292,030	+0.2%
Expenses	$2,631,034	$2,181,074	+0.2%
Net Income	$60,218	$110,956	-0.5%

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

Volunteers

732

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

Total Directors

Key Employees

$87,732

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Virginia Tardy	Board Chair	2.00	Officer Director	$0	$0	$0
Amy Sherrer	Board Treasurer	2.00	Officer Director	$0	$0	$0
Berta James	Board Secretary	2.00	Officer Director	$0	$0	$0
Mike Fischer	Director	2.00	Director	$0	$0	$0
Melanie Hiller	Director	2.00	Director	$0	$0	$0
Patreece Broadus	Director	2.00	Director	$0	$0	$0
Michelle Meier	Director	2.00	Director	$0	$0	$0
Tracy Moore	Director	2.00	Director	$0	$0	$0
Justin Moses	Director	2.00	Director	$0	$0	$0
Lauren Hardcastle	Director	2.00	Director	$0	$0	$0
Bruce Korn	Director	2.00	Director	$0	$0	$0
Laura Pierson	Director	2.00	Director	$0	$0	$0
Joyce Roman	Director	2.00	Director	$0	$0	$0
Lucie Springmeyer	Director	2.00	Director	$0	$0	$0
Saqib Salman	Director	2.00	Director	$0	$0	$0
Dan Stoner	Director	2.00	Director	$0	$0	$0
Elizabeth S Reznicek	Executive Director	40.00	Key Emp	$87,732	$0	$87,732

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	$2,691,252	$2,631,034	$1,521,460	$60,218
2023	$2,292,030	$2,181,074	$1,539,249	$110,956
2022	$2,166,856	$2,047,674	$577,153	$119,182
2021	$1,596,640	$1,537,736	$461,299	$58,904
2020	$1,038,827	$988,909	$399,056	$49,918
2019	$842,676	$577,751	$296,929	$264,925
2018	$554,227	$422,640	$161,084	$131,587
2017	$301,012	$300,929	$38,025	$83