THREE OAKS HOMELESS SHELTER INC

EIN: 521849276 501(c)(3)

LEXINGTON PARK, MD

Total Revenue
$5,002,920
Total Expenses
$4,720,101
Total Assets
$3,304,689
Net Assets
$3,096,836
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
MD
Principal Officer
S M SEENATH
Phone
3018637361
Tax Period
2022-07-01 to 2023-06-30

THREE OAKS HOMELESS SHELTER INC, founded in 1992, is a community nonprofit that reported $5.0M in total revenue in fiscal year 2022. Revenue decreased 11% compared to the prior year. Expenses of $4.7M left a modest 6% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO OFFER PROGRAMS THAT PROVIDE HOMELESS PERSONS WITH HOUSING, STABILIZATION, ASSESSMENT, AND REFERRAL TO APPROPRIATE RESOURCES SO THAT THEY MAY RETURN TO LIVING PRODUCTIVE, SELF-SUFFICIENT LIVES IN OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $4,595,087 Revenue: $4,692,542

THREE OAKS CENTER PROVIDES OUTREACH AND PREVENTION SERVICES AND EMERGENCY, PERMANENT SUPPORTIVE HOUSING, AND REHOUSING THAT HELPS INDIVIDUALS AND FAMILIES MEET BASIC NEEDS FOR SHELTER, STABILIZATION...

Read more

THREE OAKS CENTER PROVIDES OUTREACH AND PREVENTION SERVICES AND EMERGENCY, PERMANENT SUPPORTIVE HOUSING, AND REHOUSING THAT HELPS INDIVIDUALS AND FAMILIES MEET BASIC NEEDS FOR SHELTER, STABILIZATION, AND ASSESSMENT. THIS FISCAL YEAR WE SERVED 840 CLIENTS AND PROVIDED 52,971 BEDNIGHTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $289,605
Program Service Revenue $4,690,112
Investment Income $20,773
Other Revenue $2,430
TOTAL REVENUE $5,002,920

Expense Breakdown

Grants Paid $789,869
Salaries & Benefits $1,227,903
Fundraising Expenses $4,983
Program Expenses $4,595,087
Other Expenses $2,702,329
TOTAL EXPENSES $4,720,101

Year-over-Year Comparison

2022 2021 Change
Revenue $5,002,920 $5,632,385 -0.1%
Expenses $4,720,101 $5,530,392 -0.1%
Net Income $282,819 $101,993 +1.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
16
Independent Members
15
Employees
35
Volunteers
15

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
$85,008
Total Directors
16
$85,008
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
B SAYLOR PRESIDENT 1.00
Officer Director
$0 $0 $0
R WOOD VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
J H STERLING TREASURER 1.00
Officer Director
$0 $0 $0
G SYLER SECRETARY 1.00
Officer Director
$0 $0 $0
A LORENZINI DIRECTOR 1.00
Director
$0 $0 $0
P BIELEWICZ DIRECTOR 1.00
Director
$0 $0 $0
C FITZGERALD DIRECTOR 1.00
Director
$0 $0 $0
K HILL DIRECTOR 1.00
Director
$0 $0 $0
F MCNEIL JR DIRECTOR 1.00
Director
$0 $0 $0
R MCCLANAHAN DIRECTOR 1.00
Director
$0 $0 $0
P AMY DIRECTOR 1.00
Director
$0 $0 $0
L TAYLOR DIRECTOR 1.00
Director
$0 $0 $0
D GRIFFIN DIRECTOR 1.00
Director
$0 $0 $0
J VOIGTLANDER DIRECTOR 1.00
Director
$0 $0 $0
A DEAN DIRECTOR 1.00
Director
$0 $0 $0
S SEENATH EXECUTIVE DIRECTOR 40.00
Officer Director
$85,008 $0 $85,008
HS LANCASTER FORMER EXECUTIVE DIRECTOR 40.00
$77,133 $0 $77,133
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 No data No data No data No data
2023 $5,002,920 $4,720,101 $3,304,689 $282,819
2022 $5,632,385 $5,530,392 $3,201,103 $101,993
2021 $5,125,353 $4,693,436 $3,850,234 $431,917
2020 $3,847,580 $3,528,682 $2,733,774 $318,898
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THREE OAKS HOMELESS SHELTER INC with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.