THE COALITION FOR THE HOMELESS 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

1981

Legal Domicile

Principal Officer

JOHN M NWAOGBE

Phone

2023478870

Tax Period

2023-01-01 to 2023-12-31

THE COALITION FOR THE HOMELESS INC, founded in 1981, is a community nonprofit that reported $7.0M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE COALITION'S MISSION IS TO HELP TRANSITION HOMELESS AND AT RISK INDIVIDUALS AND FAMILIES TO SELF-SUFFICIENCY THROUGH HOUSING PROGRAMS AND SUPPORTIVE SERVICES.

Program Service Accomplishments

Program 1

Expenses: $1,933,550

THE WORK-BED PROGRAM PROVIDES EMPLOYMENT SERVICES AND A 24-HOUR TEMPORARY SHELTER FOR HOMELESS MEN. SERVICES INCLUDE A FULL RANGE OF EMPLOYMENT SERVICES, CASE MANAGEMENT, SUBSTANCE ABUSE COUNSELING...

Program 2

Expenses: $1,833,382

COALITION FOR THE HOMELESS OPERATED A LOW BARRIER (EMERGENCY) SHELTER FOR HOMELESS MEN IN 2023. THE LOW BARRIER SHELTER PROVIDED FOOD AND OVERNIGHT SHELTER TO 912 MEN IN 2023.

Program 3

Expenses: $1,830,414 Revenue: $112,793

THE TRANSITONAL HOUSING PROGRAMS ARE DESIGNED TO ASSIST PROGRAM PARTICIPANTS MOVE INTO PERMANENT AND INDEPENDENT LIVING. THE PROGRAMS ALSO PROVIDE SOCIAL SERVICES, SUBSTANCE ABUSE COUNSELING, AND...

THE TRANSITONAL HOUSING PROGRAMS ARE DESIGNED TO ASSIST PROGRAM PARTICIPANTS MOVE INTO PERMANENT AND INDEPENDENT LIVING. THE PROGRAMS ALSO PROVIDE SOCIAL SERVICES, SUBSTANCE ABUSE COUNSELING, AND EMPLOYMENT SERVICES AT EACH LOCATION. THE TRANSITIONAL HOUSING PROGRAMS SERVED 173 CLIENTS DURING 2023.

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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 (2023)

Revenue Breakdown

Contributions & Grants $6,736,119

Program Service Revenue $112,793

Investment Income $145,591

Other Revenue $-22,302

TOTAL REVENUE $6,972,201

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,990,782

Fundraising Expenses $173,686

Program Expenses $6,013,084

Other Expenses $1,780,834

TOTAL EXPENSES $6,771,616

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,972,201	$6,167,099	+0.1%
Expenses	$6,771,616	$6,120,517	+0.1%
Net Income	$200,585	$46,582	+3.3%

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

120

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

$348,284

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GEOFFREY P LEWIS	CHAIRMAN	1.00	Officer Director	$0	$0	$0
RICHARD APPLETON	VICE CHAIRMAN	1.00	Officer Director	$0	$0	$0
MATTHEW S GALVEZ	TREASURER	1.00	Officer Director	$0	$0	$0
DELESE HARVEY	SECRETARY	1.00	Officer Director	$0	$0	$0
DWAYNE K BROWN	BOARD MEMBER	1.00	Director	$0	$0	$0
DORIS J WASHINGTON	BOARD MEMBER	1.00	Director	$0	$0	$0
ANDREW GRIMALDI	BOARD MEMBER	1.00	Director	$0	$0	$0
NANCY GEPHART	BOARD MEMBER	1.00	Director	$0	$0	$0
CECILIA CALVO	BOARD MEMBER	1.00	Director	$0	$0	$0
STEVIE PATTON	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHAEL L FERRELL	EXECUTIVE DIRECTOR	40.00	Officer	$155,106	$20,863	$175,969
JOHN M NWAOGBE	DIRECTOR OF FINANCE	40.00	Officer	$139,700	$32,615	$172,315
JAMES R FREENY	DIRECTOR OF OPERATIONS	40.00	Highest	$115,868	$10,209	$126,077

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	$6,972,201	$6,771,616	$8,289,354	$200,585
2023	$6,972,201	$6,771,616	$8,289,354	$200,585
2022	$6,167,099	$6,120,517	$8,029,033	$46,582
2021	$6,494,266	$6,341,347	$8,210,055	$152,919
2020	$6,964,411	$6,492,488	$8,011,256	$471,923
2019	$6,997,537	$6,969,644	$7,388,012	$27,893
2018	$6,968,726	$6,902,419	$7,184,734	$66,307