HOMESTEAD SOUP KITCHEN INC (EIN 592381939) - Form 990 Financial Analysis & Trantor Score

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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

1984

Legal Domicile

Principal Officer

KAREN BRINDLE

Phone

3052457448

Tax Period

2023-01-01 to 2023-12-31

HOMESTEAD SOUP KITCHEN INC, founded in 1984, is a micro nonprofit that reported $90K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $101K exceeded revenue, resulting in a 12% operating deficit.

Mission

PUBLIC SOUP KITCHEN FOR INDIVIDUALS AND FAMILIES IN NEED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $87,989

Program Service Revenue $0

Investment Income $2,074

Other Revenue $0

TOTAL REVENUE $90,063

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $96,185

Other Expenses $101,110

TOTAL EXPENSES $101,110

Year-over-Year Comparison

	2023	2022	Change
Revenue	$90,063	$97,436	-0.1%
Expenses	$101,110	$100,326	+0.0%
Net Income	$-11,047	$-2,890	+2.8%

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

N/A

Volunteers

150

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEVERLY HALL	DIRECTOR	N/A	Director	$0	$0	$0
TRACEY MOEHLING	DIRECTOR	N/A	Director	$0	$0	$0
VICKI BELSHER	TREASURER	N/A	Officer Director	$0	$0	$0
KAREN BRINDLE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
KAREN BROWNING	SECRETARY	N/A	Officer Director	$0	$0	$0
ALISA MCPHERON	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$90,063	$101,110	$342,447	$-11,047
2022	$97,436	$100,326	$353,494	$-2,890
2021	$95,967	$102,555	$356,384	$-6,588
2020	$280,197	$129,553	$362,972	$150,644
2020	$280,197	$60,742	$431,783	$219,455
2019	$29,892	$42,959	$212,328	$-13,067
2018	$57,354	$38,486	$225,395	$18,868

HOMESTEAD SOUP KITCHEN INC