THE HOME PLACE OF MADISON (EIN 640327015) - 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

1914

Legal Domicile

Principal Officer

HILDA WESTBROOK

Phone

6016684208

Tax Period

2024-06-01 to 2025-05-31

THE HOME PLACE OF MADISON, founded in 1914, is a small nonprofit in the Health Care sector that reported $459K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $198K, a strong 43% operating margin.

Mission

TO COORDINATE AND DELIVER SERVICES THAT MEET THE CHANGING NEEDS OF OLDER ADULTS; TO HELP THE ELDERLY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $12,250

Program Service Revenue $0

Investment Income $430,916

Other Revenue $15,887

TOTAL REVENUE $459,053

Expense Breakdown

Grants Paid $100,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $100,000

Other Expenses $161,037

TOTAL EXPENSES $261,037

Year-over-Year Comparison

	2024	2023	Change
Revenue	$459,053	$697,736	-0.3%
Expenses	$261,037	$171,437	+0.5%
Net Income	$198,016	$526,299	-0.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
WALLACE COLLINS	TREASURER	1.00	Officer Director	$0	$0	$0
JAMES HOOD	CO-CHAIR	1.00	Officer Director	$0	$0	$0
PAULA JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
JANIE JARVIS	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW MATTICE	DIRECTOR	1.00	Director	$0	$0	$0
TRAE SIMS	DIRECTOR	1.00	Director	$0	$0	$0
HILDA WESTBROOK	CO-CHAIR	1.00	Officer 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	$459,053	$261,037	$7,660,321	$198,016
2024	$697,736	$171,437	$7,416,627	$526,299
2023	$712,842	$791,859	$6,715,149	$-79,017
2022	$2,844,586	$2,349,117	$6,855,103	$495,469
2021	$3,073,702	$2,417,388	$6,306,330	$656,314
2020	$1,578,048	$2,507,314	$5,990,753	$-929,266
2019	$1,744,221	$2,438,903	$6,613,372	$-694,682

THE HOME PLACE OF MADISON