Home Partnership 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

1994

Legal Domicile

Phone

4106793200

Tax Period

2021-07-01 to 2022-06-30

Home Partnership Inc, founded in 1994, is a small nonprofit in the Housing & Shelter sector that reported $550K in total revenue in fiscal year 2021. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $204K, a strong 37% operating margin.

Mission

Housing advocacy for low to moderate income individuals and families

Program Service Accomplishments

Program 1

Expenses: $239,233 Revenue: $468,267

To expand access to affordable and successful homeownership for low and moderate income familites and to combat community deterioration, thereby strengthening communities.

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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 (2021)

Revenue Breakdown

Contributions & Grants $81,250

Program Service Revenue $468,267

Investment Income $585

Other Revenue $0

TOTAL REVENUE $550,102

Expense Breakdown

Grants Paid $0

Salaries & Benefits $178,310

Fundraising Expenses $18,670

Program Expenses $239,233

Other Expenses $168,166

TOTAL EXPENSES $346,476

Year-over-Year Comparison

	2021	2020	Change
Revenue	$550,102	$500,067	+0.1%
Expenses	$346,476	$581,824	-0.4%
Net Income	$203,626	$-81,757	-3.5%

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

$100,447

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Frank Hodgetts	CEO	20.00	Officer	$92,346	$8,101	$100,447
Maureen Danos	Director	1.00	Director	$0	$0	$0
Cora Grishkot	Director	1.00	Director	$0	$0	$0
Rich Hebert	Director	1.00	Director	$0	$0	$0
Linda McKinnon	Secretary	1.00	Officer Director	$0	$0	$0
Fran Stricker	Director	1.00	Director	$0	$0	$0
Dave Stromberg	Director	1.00	Director	$0	$0	$0
Andrew Stansfield	Chairman	1.00	Officer Director	$0	$0	$0
Michael Charlton	Treasurer	1.00	Officer Director	$0	$0	$0
Philip Wohlfort	Director	1.00	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
2022	$550,102	$346,476	$644,819	$203,626
2021	$500,067	$581,824	$605,531	$-81,757
2020	$208,549	$243,236	$856,595	$-34,687
2019	$119,525	$229,848	$1,104,395	$-110,323
2018	$575,490	$645,150	$831,163	$-69,660