HOMESFUND (EIN 800266636) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

LISA BLOOMQUIST

Phone

9702591418

Tax Period

2023-01-01 to 2023-12-31

HOMESFUND, founded in 2008, is a community nonprofit in the Housing & Shelter sector that reported $2.0M in total revenue in fiscal year 2023. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 58% operating margin.

Mission

THE HOMESFUND SEEKS TO LESSEN THE BURDENS OF GOVERNMENT IN LA PLATA COUNTY, COLORADO BY SUPPORTING THE CREATION AND PROVISION OF AFFORDABLE HOUSING TO LOWER INCOME HOUSEHOLDS IN LA PLATA AND SURROUNDING COMMUNITIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,461,435

Program Service Revenue $341,782

Investment Income $152,458

Other Revenue $43,132

TOTAL REVENUE $1,998,807

Expense Breakdown

Grants Paid $0

Salaries & Benefits $556,485

Fundraising Expenses $15,371

Program Expenses $457,311

Other Expenses $276,119

TOTAL EXPENSES $832,604

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,998,807	$1,091,718	+0.8%
Expenses	$832,604	$773,982	+0.1%
Net Income	$1,166,203	$317,736	+2.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$223,089

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM WOTKYNS TERM EXPIRED 923	CHAIR	1.50	Officer Director	$0	$0	$0
BARRY SPEAR TERM EXPIRED 923	VICE PRESIDE	1.50	Officer Director	$0	$0	$0
SHAWN CANDELARIA	SECRETARY/TR	1.50	Officer Director	$0	$0	$0
NICOLE HOLTTERM EXPIRED 923	DIRECTOR	1.00	Director	$0	$0	$0
GENE FISHER	DIRECTOR	1.00	Director	$0	$0	$0
KEN TEMPLE	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER GARLAND	DIRECTOR	1.00	Director	$0	$0	$0
LISA BLOOMQUIST	EXECUTIVE DI	40.00	Officer	$102,021	$12,207	$114,228
PAMELA MOORE	DEPUTY DIREC	40.00	Officer	$92,833	$16,028	$108,861

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	$1,998,807	$832,604	$17,114,956	$1,166,203
2022	$1,091,718	$773,982	$14,229,382	$317,736
2021	$1,385,427	$632,921	$12,692,092	$752,506
2020	$1,364,471	$553,283	$10,820,250	$811,188
2019	$2,395,649	$555,728	$8,686,735	$1,839,921
2018	$1,399,162	$464,504	$6,908,067	$934,658

HOMESFUND