HOMESTEAD HEALTH CENTER INC (EIN 480862028) - 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

1978

Legal Domicile

Principal Officer

ASHLEY MALLORY

Phone

3162624473

Tax Period

2024-08-01 to 2025-07-31

HOMESTEAD HEALTH CENTER INC, founded in 1978, is a community nonprofit in the Health Care sector that reported $5.1M in total revenue in fiscal year 2024.

Mission

HOMESTEAD HEALTH CENTER, AS AN EXPRESSION OF CHRISTIAN MISSION, PROVIDES LONG-TERM CARE SERVICES AND END OF LIFE CARE FOR THE ELDERLY IN A COMPASSIONATE AND CARING ENVIRONMENT.

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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 $60,919

Program Service Revenue $4,936,256

Investment Income $12,026

Other Revenue $49,548

TOTAL REVENUE $5,058,749

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,886,568

Fundraising Expenses $0

Program Expenses $4,499,093

Other Expenses $1,232,994

TOTAL EXPENSES $5,119,562

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,058,749	$4,791,427	+0.1%
Expenses	$5,119,562	$4,927,699	+0.0%
Net Income	$-60,813	$-136,272	-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

129

Volunteers

N/A

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

$57,882

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MYRLE HORNER	PRESIDENT	0.25	Officer Director	$0	$0	$0
JANE LANG	VICE PRESIDENT	0.25	Officer Director	$0	$0	$0
KATHI GREGER	SECRETARY/TREASURER	0.25	Officer Director	$0	$0	$0
MARY BRUNER	DIRECTOR	0.25	Director	$0	$0	$0
JENNIFER KOLASCH	DIRECTOR	0.25	Director	$0	$0	$0
STEVE W SMITH	DIRECTOR	0.25	Director	$0	$0	$0
ELIZABETH HOWARTH	DIRECTOR	0.25	Director	$0	$0	$0
ASHLEY MALLORY	ADMINISTRATOR	40.00	Officer	$57,882	$0	$57,882

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	$5,058,749	$5,119,562	$1,204,997	$-60,813
2024	$4,791,427	$4,927,699	$1,276,953	$-136,272
2023	$5,785,163	$5,038,640	$2,127,318	$746,523
2022	$5,171,748	$5,241,081	$894,903	$-69,333
2021	$4,830,754	$5,227,729	$992,167	$-396,975
2020	$5,312,055	$4,957,315	$1,439,393	$354,740
2019	$4,981,366	$4,824,219	$1,251,328	$157,147
2018	$4,864,736	$5,073,505	$1,175,031	$-208,769

HOMESTEAD HEALTH CENTER INC