Home Partnership Inc

EIN: 521892575 501(c)(3) Housing & Shelter

Joppa, MD

Total Revenue
$550,102
Total Expenses
$346,476
Total Assets
$644,819
Net Assets
$498,480
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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
MD
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

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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 (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

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Governance

Voting Members
9
Independent Members
9
Employees
3
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
4
$100,447
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
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
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