ADVOCATES FOR HOMELESS FAMILIES INC

EIN: 521591139 501(c)(3) Housing & Shelter

FREDERICK, MD

Total Revenue
$552,296
Total Expenses
$541,386
Total Assets
$798,045
Net Assets
$587,181
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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
1988
Legal Domicile
MD
Principal Officer
BRIAN K WARD
Phone
3016622003
Tax Period
2024-01-01 to 2024-12-31

ADVOCATES FOR HOMELESS FAMILIES INC, founded in 1988, is a small nonprofit in the Housing & Shelter sector that reported $552K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year.

Mission

ADVOCATES FOR HOMELESS FAMILIES' MISSION IS TO ACHIEVE PERMANENT SOLUTIONS TO HOMELESSNESS BY PROVIDING ACCESS TO HOUSING, EDUCATION, AND SUPPORTIVE SERVICES TO FREDERICK COUNTY FAMILIES WHO ARE HOMELESS OR AT RISK OF HOMELESSNESS. FAMILIES ACHIEVE SUCCESS THROUGH A TWO-YEAR STRUCTURED PROGRAM FOCUSED ON LIFE SKILLS TRAINING AND INTENSIVE CASE MANAGEMENT SERVICES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $527,783
Program Service Revenue $13,998
Investment Income $10,515
Other Revenue $0
TOTAL REVENUE $552,296

Expense Breakdown

Grants Paid $87,822
Salaries & Benefits $227,437
Fundraising Expenses $8,893
Program Expenses $510,478
Other Expenses $226,127
TOTAL EXPENSES $541,386

Year-over-Year Comparison

2024 2023 Change
Revenue $552,296 $673,643 -0.2%
Expenses $541,386 $741,873 -0.3%
Net Income $10,910 $-68,230 -1.2%
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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Governance

Voting Members
12
Independent Members
12
Employees
7
Volunteers
22

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
5
$68,019
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEPHEN NORRIS BOARD MEMBER 1.00
Director
$0 $0 $0
DAN HUEBNER BOARD MEMBER 1.00
Director
$0 $0 $0
KENDALL CAMUTI VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
BRIAN K WARD TREASURER 2.00
Officer Director
$0 $0 $0
DOUGLAS GARDINER BOARD MEMBER 1.00
Director
$0 $0 $0
LAVERNE HEWLETT BOARD MEMBER 1.00
Director
$0 $0 $0
DANIEL R WAGNER BOARD MEMBER 1.00
Director
$0 $0 $0
KRISTIANNE LEIBLEY BOARD MEMBER 1.00
Director
$0 $0 $0
DIXON HICKS PRESIDENT 2.00
Officer Director
$0 $0 $0
ELLEN WEST BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH WELKER BOARD MEMBER 1.00
Director
$0 $0 $0
GARY BENNETT SECRETARY 2.00
Officer Director
$0 $0 $0
KENNETH W ALLREAD EXECUTIVE DIRECTOR 40.00
Officer
$66,038 $1,981 $68,019
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 $552,296 $541,386 $798,045 $10,910
2023 $673,643 $741,873 $802,930 $-68,230
2022 $842,807 $863,498 $871,460 $-20,691
2021 $670,536 $598,313 $908,138 $72,223
2020 $602,944 $507,424 $972,633 $95,520
2019 $640,367 $514,927 $841,122 $125,440
2018 $424,047 $490,136 $725,025 $-66,089
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