FAMILY HOMESTEAD (EIN 840769860) - 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

1978

Principal Officer

LESLIE JONES

Phone

3036236514

Tax Period

2024-01-01 to 2024-12-31

FAMILY HOMESTEAD, founded in 1978, is a small nonprofit that reported $650K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. Expenses of $881K exceeded revenue, resulting in a 36% operating deficit.

Mission

HOUSING AND CASE MANAGEMENT SUPPORT FOR HOMELESS FAMILIES WITH CHILDREN.

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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 $390,993

Program Service Revenue $251,794

Investment Income $7,148

Other Revenue $0

TOTAL REVENUE $649,935

Expense Breakdown

Grants Paid $0

Salaries & Benefits $387,394

Fundraising Expenses $7,767

Program Expenses $724,958

Other Expenses $493,523

TOTAL EXPENSES $880,917

Year-over-Year Comparison

	2024	2023	Change
Revenue	$649,935	$1,019,605	-0.4%
Expenses	$880,917	$964,222	-0.1%
Net Income	$-230,982	$55,383	-5.2%

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

Volunteers

300

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

$20,688

Total Directors

$20,688

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLIE JONES	EXECUTIVE DI	40.00	Officer Director	$12,685	$8,003	$20,688
JEFF JAY	PRESIDENT	N/A	Officer Director	$0	$0	$0
JASON BUERGER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
KRYSTAL KOWALL	TREASURER	N/A	Officer Director	$0	$0	$0
BETTY KNECHT	SECRETARY	N/A	Officer Director	$0	$0	$0
WILLIAM SHARRER	DIRECTOR	N/A	Director	$0	$0	$0
BOBBIE D'ADDARIO	DIRECTOR	N/A	Director	$0	$0	$0
DICK FULLERTON	DIRECTOR	N/A	Director	$0	$0	$0
JENNY JORGENSEN	DIRECTOR	N/A	Director	$0	$0	$0
JIM MURPHY	DIRECTOR	N/A	Director	$0	$0	$0
KATHY NICOLLS	DIRECTOR	N/A	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	$649,935	$880,917	$3,601,445	$-230,982
2023	$1,019,605	$964,222	$3,848,073	$55,383
2022	$507,538	$889,471	$3,489,033	$-381,933
2021	$755,669	$870,627	$3,683,628	$-114,958
2020	$892,089	$798,089	$3,807,637	$94,000
2019	$794,438	$959,968	$3,639,922	$-165,530
2018	$907,940	$932,692	$3,787,839	$-24,752

FAMILY HOMESTEAD