REFUGEE HOME PROJECT INC (EIN 814532787) - 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

2016

Legal Domicile

Principal Officer

SOFIA KOUVELAKI

Phone

2168099152

Tax Period

2024-01-01 to 2024-12-31

REFUGEE HOME PROJECT INC, founded in 2016, is a small nonprofit in the International Affairs sector that reported $380K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $612K exceeded revenue, resulting in a 61% operating deficit.

Mission

REFUGEE HOME PROJECT IS ORGANIZED TO PROVIDE SUPPORT AND ASSISTANCE TO REFUGEES.

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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 $379,763

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $379,763

Expense Breakdown

Grants Paid $602,067

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $602,067

Other Expenses $9,475

TOTAL EXPENSES $611,542

Year-over-Year Comparison

	2024	2023	Change
Revenue	$379,763	$470,295	-0.2%
Expenses	$611,542	$273,402	+1.2%
Net Income	$-231,779	$196,893	-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
SOFIA KOUVELAKI	PRESIDENT & TREASURER	1.00	Officer Director	$0	$0	$0
JIMMY ATHANASOPOULOS	SECRETARY	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
2024	$379,763	$611,542	$3,213	$-231,779
2023	$470,295	$273,402	$234,992	$196,893
2022	$502,084	$1,377,611	$38,099	$-875,527
2021	$591,040	$1,190,353	$914,124	$-599,313
2020	$291,327	$625,093	$1,512,939	$-333,766
2020	$1,118,994	$625,093	$858,939	$493,901
2019	$2,732,643	$1,288,340	$1,846,705	$1,444,303
2018	$402,630	$228	$402,402	$402,402

REFUGEE HOME PROJECT INC