HOME TECHNOLOGY SOLUTIONS INC

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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

2000

Legal Domicile

Principal Officer

MICHAEL CANNADY

Phone

3167718672

Tax Period

2024-01-01 to 2024-12-31

HOME TECHNOLOGY SOLUTIONS INC, founded in 2000, is a small nonprofit in the Health Care sector that reported $688K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $134K, a strong 20% operating margin.

Mission

TO PROVIDE A 24 HOUR EMERGENCY RESPONSE SYSTEM FOR THE ELDERLY AND DISABLED INDIVIDUALS.

Program Service Accomplishments

Program 1

Expenses: $386,865 Revenue: $145,244

HOME TECHNOLOGY SOLUTIONS IS A NON-PROFIT 24 HOUR EMERGENCY RESPONSE SYSTEM DEDICATED TOWARD ALLOWING THE ELDERLY AND DISABLED INDIVIDUALS WHOSE HEALTH IS AT RISK TO KEEP THE QUALITY OF LIFE IN THE...

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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

Program Service Revenue $145,244

Investment Income $391,332

Other Revenue $150,906

TOTAL REVENUE $687,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $384,574

Fundraising Expenses $0

Program Expenses $386,865

Other Expenses $168,614

TOTAL EXPENSES $553,188

Year-over-Year Comparison

	2024	2023	Change
Revenue	$687,542	$608,547	+0.1%
Expenses	$553,188	$661,070	-0.2%
Net Income	$134,354	$-52,523	-3.6%

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

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

$258,630

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICKI HOELTING	EXECUTIVE DI	40.00	Officer	$258,630	$0	$258,630
MICHAEL CANNADY	PRESIDENT	0.29	Director	$0	$0	$0
ANGIE KING	VICE PRESIDE	0.12	Director	$0	$0	$0
GREGG NATTIER	SECRETARY	0.19	Director	$0	$0	$0
BOB RING	TRUSTEE	0.02	Director	$0	$0	$0
MICHELLE SHAHEEN	TREASURER	0.12	Director	$0	$0	$0
MATTHEW SONDERGARD	TRUSTEE	0.12	Director	$0	$0	$0
GAYNELLE SPRINGER	TRUSTEE	0.12	Director	$0	$0	$0
JENNIFER WALKER	TRUSTEE	0.02	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	$687,542	$553,188	$2,269,396	$134,354
2023	$608,547	$661,070	$2,188,870	$-52,523
2022	$611,764	$692,343	$2,082,120	$-80,579
2021	$660,751	$523,605	$2,563,499	$137,146
2021	$660,751	$548,811	$2,538,293	$111,940
2020	$580,832	$552,122	$2,314,100	$28,710
2019	$641,105	$587,359	$2,157,525	$53,746
2018	$607,795	$600,407	$1,882,564	$7,388