HOMES FOR MCCONNELLSBURG INC C/O HOMES FOR AMERICA

EIN: 522335700 501(c)(3) Housing & Shelter

ANNAPOLIS, MD

Total Revenue
$202,758
Total Expenses
$230,759
Total Assets
$915,834
Net Assets
$-639,071
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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
2001
Legal Domicile
MD
Principal Officer
DANA JOHNSON
Phone
4102691222
Tax Period
2024-04-01 to 2025-03-31

HOMES FOR MCCONNELLSBURG INC C/O HOMES FOR AMERICA, founded in 2001, is a small nonprofit in the Housing & Shelter sector that reported $203K in total revenue in fiscal year 2024. Expenses of $231K exceeded revenue, resulting in a 14% operating deficit.

Mission

HOMES FOR MCCONNELLSBURG, INC. WAS INCORPORATED FOR THE PURPOSE OF DEVELOPING AND OPERATING A FACILITY FOR LOW-INCOME ELDERLY PERSONS.

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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 $0
Program Service Revenue $201,839
Investment Income $919
Other Revenue $0
TOTAL REVENUE $202,758

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $216,906
Other Expenses $230,759
TOTAL EXPENSES $230,759

Year-over-Year Comparison

2024 2023 Change
Revenue $202,758 $194,134 +0.0%
Expenses $230,759 $208,143 +0.1%
Net Income $-28,001 $-14,009 +1.0%
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
7
Employees
N/A
Volunteers
7

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
3
$287,750
Total Directors
9
$384,605
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CATHY WALLICK DIRECTOR 0.25
Director
$0 $21,093 $96,855
DANA JOHNSON VICE PRESIDENT & DIRECTOR 0.25
Officer Director
$0 $34,506 $287,750
ERIC BROWN DIRECTOR 0.25
Director
$0 $0 $0
JEFFREY R STERN DIRECTOR 0.25
Director
$0 $0 $0
KATHY EBNER DIRECTOR 0.25
Director
$0 $0 $0
LISA J YAFFE SECRETARY/TREASURER & DIRECTOR 0.25
Officer Director
$0 $0 $0
NANCY S RASE PRESIDENT & DIRECTOR 0.25
Officer Director
$0 $0 $0
PATRICK SHERIDAN DIRECTOR 0.25
Director
$0 $0 $0
SUSAN FRANK DIRECTOR 0.25
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
2025 $202,758 $230,759 $915,834 $-28,001
2024 $194,134 $208,143 $948,328 $-14,009
2023 $186,435 $228,693 $976,888 $-42,258
2022 $270,913 $240,156 $1,018,503 $30,757
2021 $182,401 $203,773 $980,151 $-21,372
2020 $161,555 $191,339 $1,002,203 $-29,784
2019 $143,047 $172,944 $1,027,705 $-29,897
2018 $132,278 $176,250 $1,051,424 $-43,972
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