VB HOME NOW INC (EIN 811460498) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

Raymond Bjorkman

Phone

7573855760

Tax Period

2024-01-01 to 2024-12-31

VB HOME NOW INC, founded in 2016, is a small nonprofit in the Human Services sector that reported $159K in total revenue in fiscal year 2020. Expenses of $212K exceeded revenue, resulting in a 34% operating deficit.

Mission

The Organization's mission is to mobilize the local community to help the neediest among us by supporting and enhancing the community system of services, programs, and facilities that work to prevent and make homelessness rare, brief and nonrecurring. The mission is accomplished through fund raising and providing these resources into the community.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $269,272

Program Service Revenue $0

Investment Income $5,685

Other Revenue $-17,894

TOTAL REVENUE $257,063

Expense Breakdown

Grants Paid $142,414

Salaries & Benefits $0

Fundraising Expenses $1,129

Program Expenses $142,414

Other Expenses $3,242

TOTAL EXPENSES $145,656

Year-over-Year Comparison

	2024	2023	Change
Revenue	$257,063	$114,605	+1.2%
Expenses	$145,656	$205,701	-0.3%
Net Income	$111,407	$-91,096	-2.2%

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

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
Raymond Bjorkman	President	5	Officer Director	$0	$0	$0
Deborah Baisden	Vice President	3	Officer Director	$0	$0	$0
Theodore Salter	Treasurer	2	Officer Director	$0	$0	$0
Joshua Coe	Secretary	3	Officer Director	$0	$0	$0
John Edwards	Director	1	Director	$0	$0	$0
Mary Donnan Harrison	Director	1	Director	$0	$0	$0
Steve Kelly	Director	1	Director	$0	$0	$0
George MacDonald	Director	2	Director	$0	$0	$0
John Olivieri	Director	1	Director	$0	$0	$0
Sherry Pitsilidies	Director	1	Director	$0	$0	$0
James Walrod	Director	1	Director	$0	$0	$0
Andrew Friedman	Director	1	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	$257,063	$145,656	$723,250	$111,407
2023	$114,605	$205,701	$611,843	$-91,096
2022	$156,336	$128,754	$702,939	$27,582
2021	$238,106	$80,745	$675,357	$157,361
2020	$158,816	$212,027	$517,996	$-53,211

VB HOME NOW INC