HARBOR HOMES OF MARTHA'S VINEYARD INC (EIN 832996138) - 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

2018

Legal Domicile

Principal Officer

JEFFREY KUSAMA-HINTE

Phone

9546819204

Tax Period

2024-07-01 to 2025-06-30

HARBOR HOMES OF MARTHA'S VINEYARD INC, founded in 2018, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $225K, a strong 17% operating margin.

Mission

THE MISSION OF HARBOR HOMES OF MARTHA'S VINEYARD IS TO ENSURE THAT LOW-INCOME RESIDENTS, WHO ARE HOMELESS OR FACING HOMELESSNESS, HAVE ACCESS TO SAFE, SANITARY AND SECURE HOUSING SO THEY CAN PARTICIPATE AS HEALTHY AND PRODUCTIVE CITIZENS. WE DO THIS BY PROVIDING HOUSING OPTIONS, OVERNIGHT SHELTER, REFERRAL AND SUPPORT SERVICES, LIFE SKILLS EDUCATION, AND ADVOCACY FOR COLLABORATIVE, LOCALLY DRIVEN SOLUTIONS FOR INDIVIDUALS AND FAMILIES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,170,225

Program Service Revenue $133,163

Investment Income $18

Other Revenue $-288

TOTAL REVENUE $1,303,118

Expense Breakdown

Grants Paid $0

Salaries & Benefits $504,747

Fundraising Expenses $14,252

Program Expenses $512,552

Other Expenses $573,123

TOTAL EXPENSES $1,077,870

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,303,118	$1,119,334	+0.2%
Expenses	$1,077,870	$951,823	+0.1%
Net Income	$225,248	$167,511	+0.3%

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

$36,346

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JENNIFER FRANK	PRESIDENT	2.00	Officer Director	$0	$0	$0
CATHLIN BAKER	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JEFFREY KUSAMA-HINTE	TREASURER	2.00	Officer Director	$0	$0	$0
DORIE GODFREY	SECRETARY	2.00	Officer Director	$0	$0	$0
MAJORIE MASON	DIRECTOR	2.00	Director	$0	$0	$0
DAVID EPSTEIN	DIRECTOR	2.00	Director	$0	$0	$0
GENIE ZEIGLER	DIRECTOR	2.00	Director	$0	$0	$0
SABRINA WILLIAMS	DIRECTOR	2.00	Director	$0	$0	$0
ERIC ADAMS	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN KANTROWITZ	DIRECTOR	2.00	Director	$0	$0	$0
KATARINA LIMA	DIRECTOR	2.00	Director	$0	$0	$0
CANEIKA FLEMING	DIRECTOR	2.00	Director	$0	$0	$0
SHIRLEY REDD	DIRECTOR	2.00	Director	$0	$0	$0
ARDELL OTTEN	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN MORRIS	FRMR EXECUTIVE DIR	40.00	Officer	$36,346	$0	$36,346

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
2025	$1,303,118	$1,077,870	$3,271,085	$225,248
2024	$1,119,334	$951,823	$3,066,358	$167,511
2023	$1,270,026	$603,123	$2,934,205	$666,903
2022	$1,422,483	$510,656	$2,936,452	$911,827
2021	$1,209,448	$367,814	$1,274,358	$841,634

HARBOR HOMES OF MARTHA'S VINEYARD INC