Solutions in Hometown Connections

EIN: 821942936 501(c)(3) Human Services

Greenbelt, MD

Total Revenue
$1,012,394
Total Expenses
$924,808
Total Assets
$710,509
Net Assets
$379,576
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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
2017
Legal Domicile
MD
Principal Officer
Kate Talbot
Phone
3016151034
Tax Period
2024-01-01 to 2024-12-31

Solutions in Hometown Connections, founded in 2017, is a community nonprofit in the Human Services sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $925K left a modest 9% surplus.

Mission

SHC engages refugees and immigrants to build better communities. Family-friendly programs foster confidence and independence. A network of volunteer tutors and community groups compliment programs and provide individuals and families with personalized support.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $942,405
Program Service Revenue $67,141
Investment Income $2,513
Other Revenue $335
TOTAL REVENUE $1,012,394

Expense Breakdown

Grants Paid $7,776
Salaries & Benefits $672,327
Fundraising Expenses $9,998
Program Expenses $773,304
Other Expenses $244,705
TOTAL EXPENSES $924,808

Year-over-Year Comparison

2024 2023 Change
Revenue $1,012,394 $712,868 +0.4%
Expenses $924,808 $533,144 +0.7%
Net Income $87,586 $179,724 -0.5%
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

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Governance

Voting Members
9
Independent Members
9
Employees
62
Volunteers
230

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
5
$137,318
Total Directors
9
$0
Key Employees
1
$42,210
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Merritt Groeschel Executive Director 40.00
Officer
$75,733 $0 $75,733
Kate Talbot Director of Operations & Finance 40.00
Officer
$61,585 $0 $61,585
Tessa Ambridge Program Manager 40.00
Key Emp
$42,210 $0 $42,210
Aliya Husain Board Member 1.00
Director
$0 $0 $0
Ebony L Harris Board Member 1.00
Director
$0 $0 $0
Farah Nageer-Kanthor Board Member 1.00
Director
$0 $0 $0
Ana Ndumu Board Member 1.00
Director
$0 $0 $0
Alan J Sachs Board Member 1.00
Director
$0 $0 $0
Marcie Bane Board Member 1.00
Director
$0 $0 $0
Loan Nguyen President 5.00
Officer Director
$0 $0 $0
Meira Neggaz Vice President Treasurer 5.00
Officer Director
$0 $0 $0
Arabella Meyer Secretary 5.00
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 $1,012,394 $924,808 $710,509 $87,586
2023 $712,868 $533,144 $339,684 $179,724
2022 $456,086 $469,114 $153,028 $-13,028
2021 $200,308 $170,847 $127,601 $29,461
2020 $149,788 $147,104 $95,832 $2,684
2019 $147,885 $66,106 $93,148 $81,779
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