HOMELESS EMERGENCY PROJECT INC

EIN: 592729694 501(c)(3) Housing & Shelter

CLEARWATER, FL

Total Revenue
$10,821,028
Total Expenses
$9,142,116
Total Assets
$27,884,125
Net Assets
$24,085,057
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
FL
Principal Officer
ASHLEY LOWERY
Phone
7274429041
Tax Period
2025-01-01 to 2025-12-31

HOMELESS EMERGENCY PROJECT INC, founded in 1986, is a mid-sized nonprofit in the Housing & Shelter sector that reported $10.8M in total revenue in fiscal year 2025. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.7M, a strong 16% operating margin.

Mission

OUR GOAL IS TO BE THE LAST SUPPORTIVE HOUSING PROGRAM ANYONE EVER HAS TO ENTER.

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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 (2025)

Revenue Breakdown

Contributions & Grants $8,125,079
Program Service Revenue $329,289
Investment Income $1,558,663
Other Revenue $807,997
TOTAL REVENUE $10,821,028

Expense Breakdown

Grants Paid $666,278
Salaries & Benefits $4,990,024
Fundraising Expenses $1,019,042
Program Expenses $7,128,520
Other Expenses $3,485,814
TOTAL EXPENSES $9,142,116

Year-over-Year Comparison

2025 2024 Change
Revenue $10,821,028 $9,610,678 +0.1%
Expenses $9,142,116 $8,398,701 +0.1%
Net Income $1,678,912 $1,211,977 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
107
Volunteers
1836

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
$449,659
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NANCY RAMEY CHAIRMAN 8.00
Officer Director
$0 $0 $0
HALEY CRUM VICE CHAIRPERSON 8.00
Officer Director
$0 $0 $0
ERIC EBBERT SECRETARY/TREASURER 8.00
Officer Director
$0 $0 $0
PHILIP K BEAUCHAMP IMMEDIATE PAST CHAIRPERSON 1.00
Director
$0 $0 $0
ADAM BOUCHARD MEMBER 1.00
Director
$0 $0 $0
CLAY M BIDDINGER MEMBER 1.00
Director
$0 $0 $0
DICK FUNK MEMBER 1.00
Director
$0 $0 $0
WANDA FYFE MEMBER 1.00
Director
$0 $0 $0
JENNIFER GARBOWICZ MEMBER 1.00
Director
$0 $0 $0
CAROL HAGUE MEMBER 1.00
Director
$0 $0 $0
DONALD HALL MEMBER 1.00
Director
$0 $0 $0
MICHAEL KINDT MEMBER 1.00
Director
$0 $0 $0
LANETTE KIRBY MEMBER 1.00
Director
$0 $0 $0
FRED LENZ MEMBER 1.00
Director
$0 $0 $0
DAVID MCABEE MEMBER 1.00
Director
$0 $0 $0
F WALLACE POPE JR MEMBER 1.00
Director
$0 $0 $0
SHARON REID-KANE MEMBER 1.00
Director
$0 $0 $0
DR CARRIE SHULMAN MD MEMBER 1.00
Director
$0 $0 $0
KYLE SHULMAN MEMBER 1.00
Director
$0 $0 $0
KATE TIEDEMANN MEMBER 1.00
Director
$0 $0 $0
TOM WHIDDON MEMBER 1.00
Director
$0 $0 $0
ASHLEY LOWERY PRESIDENT & CEO 40.00
Officer
$294,898 $7,300 $302,198
KATHLEEN PROSSICK VP OF FINANCE 40.00
Officer
$133,634 $13,827 $147,461
BARBARA GREEN FOUNDER 40.00
Highest
$151,004 $1,403 $152,407
MARLO STONE SENIOR GRANT WRITER 40.00
Highest
$111,236 $5,642 $116,878
KATERINA GERAKIOS-SIREN EXECUTIVE VP OF OPERATIONS 40.00
Highest
$139,789 $4,526 $144,315
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 $10,821,028 $9,142,116 $27,884,125 $1,678,912
2024 $9,610,678 $8,398,701 $26,040,100 $1,211,977
2023 $9,581,579 $7,867,091 $24,293,461 $1,714,488
2022 $6,996,140 $7,520,314 $21,616,131 $-524,174
2021 $6,956,327 $6,291,302 $23,656,612 $665,025
2020 $5,922,243 $6,196,843 $22,031,486 $-274,600
2019 $9,990,599 $6,099,800 $21,783,976 $3,890,799
2018 $5,938,355 $5,875,466 $16,306,503 $62,889
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