FOUNDATION FOR THE HOMELESS INC

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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

1989

Legal Domicile

Principal Officer

MONTE OSBURN

Phone

5124536570

Tax Period

2024-01-01 to 2024-12-31

FOUNDATION FOR THE HOMELESS INC, founded in 1989, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. Expenses of $2.4M left a modest 11% surplus.

Mission

EMPOWERING FAMILIES AND INDIVIDUALS EXPERIENCING HOMELESSNESS TO BUILD A FUTURE FILLED WITH DIGNITY, OPPORTUNITY, AND LASTING SOLUTIONS.

Program Service Accomplishments

Program 1

Expenses: $2,280,470

1. THE FEED MY PEOPLE PROGRAM (FMP) IS THE FOUNDING PROGRAM OF THE FOUNDATION FOR THE HOMELESS (FFH), OPEN TO ANYONE EXPERIENCING HOMELESSNESS OR POVERTY. THIS LONG-STANDING PROGRAM IS A PARTNERSHIP OF 8 CHURCHES AND SCHOOLS IN THE AUSTIN COMMUNITY. TOGETHER WE PROVIDE A FILLING, HOT BREAKFAST ALONG WITH OTHER SERVICES INCLUDING SHOWERS, AA MEETINGS, A CLOTHING CLOSET (THURSDAY ONLY), AND HAIRCUTS (EVERY OTHER THURSDAY).2. THE FAMILY STABILITY PROGRAM A RAPID RE-HOUSING PROGRAM FOR FAMILIES WITH MINOR CHILDREN EXPERIENCING HOMELESSNESS. THIS MULTI-AGENCY COLLABORATIVE PROVIDES RENT AND UTILITY ASSISTANCE, ALONG WITH CASE MANAGEMENTSERVICES FOCUSED ON HELPING FAMILIES OBTAIN AND MAINTAIN SAFE AND STABLE HOUSING.3. PLUS 1 UTILITIES ASSISTANCEWE PROVIDE UTILITY ASSISTANCE FOR AUSTIN ENERGY CUSTOMERS WHO ARE IN NEED OF ASSISTANCE IN PAYING OUTSTANDING AUSTIN ENERGY BILLS.

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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 $2,637,992

Program Service Revenue $0

Investment Income $11,915

Other Revenue $4,107

TOTAL REVENUE $2,654,014

Expense Breakdown

Grants Paid $1,537,569

Salaries & Benefits $584,790

Fundraising Expenses $27,881

Program Expenses $2,280,470

Other Expenses $236,532

TOTAL EXPENSES $2,358,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,654,014	$2,478,918	+0.1%
Expenses	$2,358,891	$2,419,495	0.0%
Net Income	$295,123	$59,423	+4.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

2245

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

$113,803

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH WINKELER	CHAIR	2.00	Officer Director	$0	$0	$0
JUNE DAVIS	VICE CHAIR	2.00	Officer Director	$0	$0	$0
DEBBIE CHILDERS	SECRETARY	2.00	Officer Director	$0	$0	$0
PHILIP SALEM	TREASURER	2.00	Officer Director	$0	$0	$0
RANDY TEICH	DIRECTOR	1.00	Director	$0	$0	$0
CARL BRYAN CASE	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
SAMUEL HARBISON	DIRECTOR	1.00	Director	$0	$0	$0
JULIE NELSON	DIRECTOR	1.00	Director	$0	$0	$0
SIERRA ROBLEDO	DIRECTOR	1.00	Director	$0	$0	$0
MONTE OSBURN	EXECUTIVE DIRECTOR	40.00	Officer	$91,590	$22,213	$113,803

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	$2,654,014	$2,358,891	$1,289,765	$295,123
2023	$2,478,918	$2,419,495	$946,242	$59,423
2022	$1,288,063	$1,296,346	$1,009,703	$-8,283
2021	$1,361,209	$1,005,968	$871,922	$355,241
2020	$1,079,765	$913,448	$484,146	$166,317
2019	$920,369	$869,155	$307,068	$51,214
2018	$978,372	$916,861	$251,338	$61,511